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: MEXC against BingX0.000%7-day average −0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1141.135% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.124%−$12 on $10k
Price spread, last 7 days−0.006%−$1 · spread now 0.000%, 7d avg −0.024%
Together, before fees−0.130%−$13 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: MEXC is 0.024% dearer against BingX than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.024%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX XTZ-USDT0.34090.0100pay 0.0050% / 4h1h 42m$1.1M
ShortMEXC XTZ_USDT0.34090.0100get 0.0050% / 4h1h 42m$2.1M$641K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: 0.000% → −0.024%
$2.45
Slippage, 4 orders
−$99.52
Fee BingX: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$111.07
Costs to cover
1.135%
Break-even
never at this rate
Slippage from BingX: live order book, 2 min ago; MEXC: live order book, 5 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, 2 min ago1.48 bp87.1 bp −$87136.1 bp −$1,361933.8 bp −$93.4K1376.2 bp −$688.1K
Sell MEXC live order book, 5 min ago1.48 bp3.7 bp −$425.8 bp −$258126.6 bp −$12.7Kdoesn'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−0.0573%1h0.3414+0.139%$281K$243K50xas long as short
Injective XTZ/USDC PERP+0.0033%1h0.3484+2.200%$62$17K5.5xas long as short
BloFin XTZ-USDT+0.0074%4h0.3398−0.323%$281K$102K75xas long as short
Binance XTZUSDT+0.0100%4h0.3407−0.062%$4.7M$9.8M75xas long as short
Bybit XTZUSDT+0.0100%4h0.3408−0.029%$2.7M$2.9M75xas long as short
OKX XTZ-USDT-SWAP+0.0100%8h0.3408−0.029%$1.2M$1.3M20xas long as short
Gate XTZ_USDT+0.0100%8h0.3408−0.029%$630K$169K75xas long as short
MEXC XTZ_USDTshort+0.0100%4h0.34090.000%$2.1M$641K100x
KuCoin XTZUSDTM+0.0100%4h0.3413+0.117%$645K$187K30xas long as short
Bitget XTZUSDT+0.0100%4h0.3408−0.029%$921K$958K75xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX XTZ-USDTlong+0.0100%4h0.3409long leg$1.1M
Variational Omni XTZ+0.0100%4h0.3390−0.560%$85K$331Kas long as short