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

XTZ

all XTZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.036%
Price spread now: Gate against Bitget+0.029%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$155as in the Price arb table
costs, in and out, $10k−$1551.547% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.115%+$11 on $10k
Price spread, last 4 days (all we have)−0.139%−$14 · spread now +0.029%, 7d avg +0.033%
Together, before fees−0.024%−$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget XTZUSDT0.34390.0100pay 0.0050% / 4h1h 40m$948K$1.2M75x
ShortGate XTZ_USDT0.34400.0100get 0.0100% / 8h1h 40m$640K$212K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bitget. 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: +0.029% → +0.033%
−$0.41
Slippage, 4 orders
−$127.75
Fee Bitget: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$155.16
Costs to cover
1.547%
Break-even
never at this rate
Slippage from Bitget: live order book, just now; Gate: live order book, 40 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 Bitget live order book, just now2.91 bp16.4 bp −$1651.9 bp −$519doesn't fitdoesn't fit
Sell Gate live order book, 40 min ago8.70 bp54.3 bp −$54128.0 bp −$1,280doesn't fitdoesn'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−0.0589%1h0.3444+0.132%$279K$217K50xas long as short
Injective XTZ/USDC PERP+0.0033%1h0.3484+1.309%$62$17K5.5xas long as short
BingX XTZ-USDT+0.0036%4h0.3448+0.262%$1.1Mas long as short
Binance XTZUSDT+0.0100%4h0.3439−0.002%$4.8M$10.0M75xas long as short
Bybit XTZUSDT+0.0100%4h0.34390.000%$2.8M$3.3M75xas long as short
OKX XTZ-USDT-SWAP+0.0100%8h0.3438−0.029%$1.2M$1.4M20xas long as short
Gate XTZ_USDTshort+0.0100%8h0.3440+0.029%$640K$212K75x
MEXC XTZ_USDT+0.0100%4h0.3440+0.029%$2.1M$610K100xas long as short
KuCoin XTZUSDTM+0.0100%4h0.3442+0.087%$681K$318K30xas long as short
Bitget XTZUSDTlong+0.0100%4h0.3439long leg$948K$1.2M75x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni XTZ+0.0100%4h0.3435−0.126%$123K$296Kas long as short
BloFin XTZ-USDT+0.0131%4h0.3435−0.116%$283K$95K75xas long as short