Funding you earn now, next payment 08:00 UTC−0.0007%/8h= −0.8% APRpaid last 24h −0.028%
Price spread now: Binance against OKX−0.011%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$1031.029% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 7 days−0.040%−$4 · spread now −0.011%, 7d avg −0.024%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX XTZ-USDT-SWAP | 0.3414 | 0.0100 | pay 0.0100% / 8h | 3h 28m | $1.2M | $1.3M | 20x |
| Short | Binance XTZUSDT | 0.3414 | 0.0093 | get 0.0046% / 4h | 3h 28m | $4.7M | $9.7M | 75x |
OKX XTZ-USDT-SWAP
Binance XTZUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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
- −$1.53
- Price spread: −0.011% → −0.024%
- $1.24
- Slippage, 4 orders
- −$82.85
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$103.14
- Costs to cover
- 1.029%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; Binance: live order book, 11 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 OKX live order book, 3 min ago | 2.92 bp | 33.8 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 2.93 bp | 21.0 bp −$21 | 72.1 bp −$721 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget XTZUSDT | −0.0068% | 4h | 0.3414 | 0.000% | $921K | $934K | 75x | as long as short |
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +2.050% | $62 | $17K | 5.5x | as long as short |
| BloFin XTZ-USDT | +0.0045% | 4h | 0.3414 | 0.000% | $279K | $96K | 75x | as long as short |
| MEXC XTZ_USDT | +0.0092% | 4h | 0.3415 | +0.029% | $2.1M | $679K | 100x | as long as short |
| Binance XTZUSDTshort | +0.0093% | 4h | 0.3414 | −0.011% | $4.7M | $9.7M | 75x | |
| Bybit XTZUSDT | +0.0100% | 4h | 0.3414 | 0.000% | $2.7M | $2.8M | 75x | as long as short |
| OKX XTZ-USDT-SWAPlong | +0.0100% | 8h | 0.3414 | long leg | $1.2M | $1.3M | 20x | |
| Gate XTZ_USDT | +0.0100% | 8h | 0.3417 | +0.088% | $632K | $165K | 75x | as long as short |
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3418 | +0.117% | $629K | $193K | 30x | as long as short |
| BingX XTZ-USDT | +0.0100% | 4h | 0.3417 | +0.088% | — | $1.1M | — | as long as short |
Bitget XTZUSDT
Injective XTZ/USDC PERP
BloFin XTZ-USDT
MEXC XTZ_USDT
Bybit XTZUSDT
Gate XTZ_USDT
KuCoin XTZUSDTM
BingX XTZ-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni XTZ | +0.0100% | 4h | 0.3428 | +0.407% | $86K | $331K | — | as long as short |
| Kraken Futures PF_XTZUSD | +0.0116% | 1h | 0.3416 | +0.055% | $276K | $263K | 50x | as long as short |
Variational Omni XTZ
Kraken Futures PF_XTZUSD