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

XTZ

all XTZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.029%
Price spread now: Binance against BingX+0.010%7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$940.937% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.126%−$13 on $10k
Price spread, last 7 days−0.022%−$2 · spread now +0.010%, 7d avg −0.025%
Together, before fees−0.148%−$15 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.035% dearer against BingX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.025%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX XTZ-USDT0.34000.0100pay 0.0050% / 4h3h 42m$1.1M
ShortBinance XTZUSDT0.34000.0100get 0.0050% / 4h3h 42m$4.8M$10.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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
$0
Price spread: +0.010% → −0.025%
$3.46
Slippage, 4 orders
−$73.66
Fee BingX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$90.2
Costs to cover
0.937%
Break-even
never at this rate
Slippage from BingX: live order book, 7 min ago; Binance: live order book, 12 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 7 min ago5.91 bp24.0 bp −$2478.0 bp −$780doesn't fitdoesn't fit
Sell Binance live order book, 12 min ago1.50 bp20.5 bp −$2164.3 bp −$643388.0 bp −$38.8Kdoesn't fit

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−0.0176%1h0.3403+0.095%$269K$240K50xas long as short
Injective XTZ/USDC PERP+0.0033%1h0.3484+2.471%$62$17K5.5xas long as short
Variational Omni XTZ+0.0100%4h0.3393−0.192%$121K$296Kas long as short
Binance XTZUSDTshort+0.0100%4h0.3400+0.010%$4.8M$10.5M75x
Bybit XTZUSDT+0.0100%4h0.3399−0.029%$2.7M$3.4M75xas long as short
OKX XTZ-USDT-SWAP+0.0100%8h0.3402+0.059%$1.2M$1.5M20xas long as short
Gate XTZ_USDT+0.0100%8h0.3398−0.059%$629K$200K75xas long as short
MEXC XTZ_USDT+0.0100%4h0.34000.000%$2.0M$640K100xas long as short
KuCoin XTZUSDTM+0.0100%4h0.3403+0.088%$648K$338K30xas long as short
Bitget XTZUSDT+0.0100%4h0.3397−0.088%$915K$1.2M75xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX XTZ-USDTlong+0.0100%4h0.3400long leg$1.1M
BloFin XTZ-USDT+0.0110%4h0.3394−0.176%$279K$98K75xas long as short