Settings8H · net · $10k
Funding arb · Price arb /

XTZ

all XTZ markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0117%/8h= +12.8% APRpaid last 24h −0.005%
Price spread now: BloFin against Injective−1.980%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. BloFin is 1.980% cheaper against Injective than usual: you would sell low and buy high (spread −1.980% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$198 on $10k: about 56 days of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective XTZ/USDC PERP0.34840.0033pay 0.0004% / 1h21m 06s$62$17K5.5x
ShortBloFin XTZ-USDT0.34150.0150get 0.0075% / 4h21m 06s$283K$98K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Injective. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$24.59
Price spread: −1.980% → 0.000%
−$198.05
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$185.48
Costs to cover
0.120%
Break-even
59.8 days
Slippage unknown: Injective: no order-book sample; BloFin: live order book, 50 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell BloFin live order book, 50 min ago2.93 bp9.0 bp −$940.8 bp −$408doesn't fitdoesn't fit
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

XTZ on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_XTZUSD+0.0015%1h0.3416−1.952%$275K$222K50xas long as short
Injective XTZ/USDC PERPlong+0.0033%1h0.3484long leg$62$17K5.5x
BingX XTZ-USDT+0.0036%4h0.3415−1.980%$1.1Mas long as short
Binance XTZUSDT+0.0100%4h0.3412−2.067%$4.8M$10.1M75xas long as short
Bybit XTZUSDT+0.0100%4h0.3413−2.038%$2.8M$3.3M75xas long as short
OKX XTZ-USDT-SWAP+0.0100%8h0.3413−2.038%$1.2M$1.4M20xas long as short
Gate XTZ_USDT+0.0100%8h0.3413−2.038%$633K$202K75xas long as short
MEXC XTZ_USDT+0.0100%4h0.3412−2.067%$2.1M$626K100xas long as short
KuCoin XTZUSDTM+0.0100%4h0.3414−2.009%$675K$316K30xas long as short
Bitget XTZUSDT+0.0100%4h0.3413−2.038%$942K$1.2M75xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni XTZ+0.0100%4h0.3412−2.065%$122K$296Kas long as short
BloFin XTZ-USDTshort+0.0150%4h0.3415−1.980%$283K$98K75x