Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.028%
Price spread now: Binance against Gate−0.038%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$159as in the Funding arb table
Net, price: spread back to 7d avg − costs−$152as in the Price arb table
costs, in and out, $10k−$1541.537% of the position
Funding, last 7 days−0.054%−$5 on $10k
+Price spread, last 4 days (all we have)+0.187%+$19 · spread now −0.038%, 7d avg −0.060%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.022% dearer against Gate than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.060%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate XTZ_USDT | 0.3408 | 0.0100 | pay 0.0100% / 8h | 4h 46m | $631K | $168K | 75x |
| Short | Binance XTZUSDT | 0.3407 | 0.0100 | get 0.0050% / 4h | 46m 19s | $4.7M | $9.7M | 75x |
Gate XTZ_USDT
Binance XTZUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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: −0.038% → −0.060%
- $2.2
- Slippage, 4 orders
- −$128.73
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$151.53
- Costs to cover
- 1.537%
- Break-even
- never at this rate
Slippage from Gate: live order book, 10 min ago; Binance: live order book, 8 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 Gate live order book, 10 min ago | 2.93 bp | 43.2 bp −$43 | 140.3 bp −$1,403 | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 1.47 bp | 15.7 bp −$16 | 61.1 bp −$611 | 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 | −0.0160% | 1h | 0.3412 | +0.108% | $281K | $251K | 50x | as long as short |
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +2.230% | $62 | $17K | 5.5x | as long as short |
| BloFin XTZ-USDT | +0.0042% | 4h | 0.3404 | −0.117% | $281K | $96K | 75x | as long as short |
| Binance XTZUSDTshort | +0.0100% | 4h | 0.3407 | −0.038% | $4.7M | $9.7M | 75x | |
| Bybit XTZUSDT | +0.0100% | 4h | 0.3408 | 0.000% | $2.7M | $2.8M | 75x | as long as short |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3408 | 0.000% | $1.2M | $1.3M | 20x | as long as short |
| Gate XTZ_USDTlong | +0.0100% | 8h | 0.3408 | long leg | $631K | $168K | 75x | |
| MEXC XTZ_USDT | +0.0100% | 4h | 0.3407 | −0.029% | $2.1M | $649K | 100x | as long as short |
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3408 | 0.000% | $625K | $191K | 30x | as long as short |
| Bitget XTZUSDT | +0.0100% | 4h | 0.3409 | +0.029% | $920K | $937K | 75x | as long as short |
Kraken Futures PF_XTZUSD
Injective XTZ/USDC PERP
BloFin XTZ-USDT
Bybit XTZUSDT
OKX XTZ-USDT-SWAP
MEXC XTZ_USDT
KuCoin XTZUSDTM
Bitget XTZUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XTZ-USDT | +0.0100% | 4h | 0.3408 | 0.000% | — | $1.1M | — | as long as short |
| Variational Omni XTZ | +0.0100% | 4h | 0.3401 | −0.194% | $86K | $331K | — | as long as short |
BingX XTZ-USDT
Variational Omni XTZ