Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance−0.176%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$460.463% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 7 days+0.176%+$18 · spread now −0.176%, 7d avg −0.003%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.173% cheaper against Binance than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of −0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance XTZUSDT | 0.3400 | 0.0100 | pay 0.0050% / 4h | 3h 13m | $4.8M | $10.5M | 75x |
| Short | MEXC XTZ_USDT | 0.3394 | 0.0100 | get 0.0050% / 4h | 3h 13m | $2.0M | $648K | 100x |
Binance XTZUSDT
MEXC XTZ_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Binance. 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: −0.176% → −0.003%
- −$17.32
- Slippage, 4 orders
- −$32.3
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$63.62
- Costs to cover
- 0.463%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; MEXC: live order book, 3 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 Binance live order book, 11 min ago | 1.48 bp | 15.4 bp −$15 | 80.6 bp −$806 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 1.48 bp | 4.2 bp −$4 | 37.9 bp −$379 | 130.7 bp −$13.1K | 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 | −0.0176% | 1h | 0.3406 | +0.169% | $272K | $244K | 50x | as long as short |
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +2.471% | $62 | $17K | 5.5x | as long as short |
| BloFin XTZ-USDT | +0.0069% | 4h | 0.3393 | −0.206% | $280K | $97K | 75x | as long as short |
| Binance XTZUSDTlong | +0.0100% | 4h | 0.3400 | long leg | $4.8M | $10.5M | 75x | |
| Bybit XTZUSDT | +0.0100% | 4h | 0.3399 | −0.029% | $2.7M | $3.4M | 75x | as long as short |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3398 | −0.059% | $1.2M | $1.5M | 20x | as long as short |
| Gate XTZ_USDT | +0.0100% | 8h | 0.3400 | 0.000% | $629K | $201K | 75x | as long as short |
| MEXC XTZ_USDTshort | +0.0100% | 4h | 0.3394 | −0.176% | $2.0M | $648K | 100x | |
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3397 | −0.088% | $643K | $243K | 30x | as long as short |
| Bitget XTZUSDT | +0.0100% | 4h | 0.3399 | −0.029% | $919K | $1.1M | 75x | as long as short |
Kraken Futures PF_XTZUSD
Injective XTZ/USDC PERP
BloFin XTZ-USDT
Bybit XTZUSDT
OKX XTZ-USDT-SWAP
Gate 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 | 0.3406 | +0.176% | — | $1.1M | — | as long as short |
| Variational Omni XTZ | +0.0100% | 4h | 0.3386 | −0.398% | $121K | $296K | — | as long as short |
BingX XTZ-USDT
Variational Omni XTZ