Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Bitget against Bybit+0.088%7-day average −0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$1051.046% of the position
Funding, last 7 days−0.037%−$4 on $10k
+Price spread, last 4 days (all we have)−0.087%−$9 · spread now +0.088%, 7d avg −0.019%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.107% dearer against Bybit than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit XTZUSDT | 0.3414 | 0.0100 | pay 0.0050% / 4h | 1h 31m | $2.8M | $3.3M | 75x |
| Short | Bitget XTZUSDT | 0.3417 | 0.0100 | get 0.0050% / 4h | 1h 31m | $942K | $1.2M | 75x |
Bybit XTZUSDT
Bitget XTZUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.088% → −0.019%
- $10.68
- Slippage, 4 orders
- −$81.64
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$93.96
- Costs to cover
- 1.046%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Bitget: live order book, 5 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 1 min ago | 2.92 bp | 29.9 bp −$30 | 186.7 bp −$1,867 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 1.46 bp | 17.1 bp −$17 | 49.7 bp −$497 | doesn't fit | doesn't fit |
XTZ on 12 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XTZUSD | −0.0593% | 1h | 0.3421 | +0.207% | $278K | $218K | 50x | as long as short |
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +2.050% | $62 | $17K | 5.5x | as long as short |
| BingX XTZ-USDT | +0.0036% | 4h | 0.3415 | +0.029% | — | $1.1M | — | as long as short |
| BloFin XTZ-USDT | +0.0048% | 4h | 0.3418 | +0.117% | $282K | $97K | 75x | as long as short |
| Binance XTZUSDT | +0.0100% | 4h | 0.3415 | +0.016% | $4.8M | $10.1M | 75x | as long as short |
| Bybit XTZUSDTlong | +0.0100% | 4h | 0.3414 | long leg | $2.8M | $3.3M | 75x | |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3415 | +0.029% | $1.2M | $1.4M | 20x | as long as short |
| Gate XTZ_USDT | +0.0100% | 8h | 0.3417 | +0.088% | $636K | $212K | 75x | as long as short |
| MEXC XTZ_USDT | +0.0100% | 4h | 0.3415 | +0.029% | $2.1M | $619K | 100x | as long as short |
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3421 | +0.205% | $677K | $318K | 30x | as long as short |
Kraken Futures PF_XTZUSD
Injective XTZ/USDC PERP
BingX XTZ-USDT
BloFin XTZ-USDT
Binance XTZUSDT
OKX XTZ-USDT-SWAP
Gate XTZ_USDT
MEXC XTZ_USDT
KuCoin XTZUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XTZUSDTshort | +0.0100% | 4h | 0.3417 | +0.088% | $942K | $1.2M | 75x | |
| Variational Omni XTZ | +0.0100% | 4h | 0.3430 | +0.472% | $123K | $296K | — | as long as short |
Variational Omni XTZ