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% APRnext payment +$0.00 per $10,000 · paid last 24h +0.006%
Price spread now: MEXC against Bybit0.000%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$970.974% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.015%+$2 on $10k
Price spread, last 7 days+0.049%+$5 · spread now 0.000%, 7d avg −0.009%
Together, before fees+0.064%+$6 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit XTZUSDT0.34430.0100pay 0.0050% / 4h2h 31m$2.9M$3.3M75x
ShortMEXC XTZ_USDT0.34430.0100get 0.0050% / 4h2h 31m$2.1M$628K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Bybit. 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% → −0.009%
$0.95
Slippage, 4 orders
−$82.44
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$96.49
Costs to cover
0.974%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 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 Bybit live order book, 5 min ago2.90 bp29.3 bp −$29115.7 bp −$1,157doesn't fitdoesn't fit
Sell MEXC live order book, 5 min ago1.45 bp3.8 bp −$441.6 bp −$416136.5 bp −$13.7Kdoesn'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−0.0338%1h0.3450+0.215%$280K$219K50xas long as short
Injective XTZ/USDC PERP+0.0033%1h0.3484+1.191%$62$17K5.5xas long as short
BingX XTZ-USDT+0.0036%4h0.3445+0.058%$1.1Mas long as short
Bitget XTZUSDT+0.0088%4h0.3444+0.029%$948K$1.2M75xas long as short
Binance XTZUSDT+0.0100%4h0.3442−0.028%$4.8M$10.0M75xas long as short
Bybit XTZUSDTlong+0.0100%4h0.3443long leg$2.9M$3.3M75x
OKX XTZ-USDT-SWAP+0.0100%8h0.3444+0.029%$1.2M$1.4M20xas long as short
Gate XTZ_USDT+0.0100%8h0.3445+0.058%$642K$214K75xas long as short
MEXC XTZ_USDTshort+0.0100%4h0.34430.000%$2.1M$628K100x
KuCoin XTZUSDTM+0.0100%4h0.3449+0.174%$686K$315K30xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni XTZ+0.0100%4h0.3446+0.084%$123K$296Kas long as short
BloFin XTZ-USDT+0.0158%4h0.3447+0.116%$283K$82K75xas long as short