Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.028%
Price spread now: MEXC against Gate+0.174%7-day average −0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$1001.004% of the position
Funding, last 7 days−0.062%−$6 on $10k
+Price spread, last 4 days (all we have)−0.102%−$10 · spread now +0.174%, 7d avg −0.068%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.242% dearer against Gate than usual: you sell high and buy low, +$24 on $10k if it goes back to its 7-day average of −0.068%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate XTZ_USDT | 0.3442 | 0.0100 | pay 0.0100% / 8h | 2h 37m | $642K | $214K | 75x |
| Short | MEXC XTZ_USDT | 0.3448 | 0.0100 | get 0.0050% / 4h | 2h 37m | $2.1M | $627K | 100x |
Gate XTZ_USDT
MEXC XTZ_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Gate. 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: +0.174% → −0.068%
- $24.24
- Slippage, 4 orders
- −$81.41
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$76.17
- Costs to cover
- 1.004%
- Break-even
- never at this rate
Slippage from Gate: live order book, 48 min ago; MEXC: live order book, 4 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 Gate live order book, 48 min ago | 7.19 bp | 38.4 bp −$38 | 170.3 bp −$1,703 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 1.46 bp | 3.5 bp −$3 | 31.7 bp −$317 | 124.3 bp −$12.4K | 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 | −0.0338% | 1h | 0.3447 | +0.138% | $280K | $219K | 50x | as long as short |
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +1.220% | $62 | $17K | 5.5x | as long as short |
| BingX XTZ-USDT | +0.0036% | 4h | 0.3448 | +0.174% | — | $1.1M | — | as long as short |
| BloFin XTZ-USDT | +0.0072% | 4h | 0.3437 | −0.145% | $283K | $82K | 75x | as long as short |
| Bitget XTZUSDT | +0.0078% | 4h | 0.3446 | +0.116% | $949K | $1.2M | 75x | as long as short |
| Binance XTZUSDT | +0.0100% | 4h | 0.3448 | +0.174% | $4.8M | $10.0M | 75x | as long as short |
| Bybit XTZUSDT | +0.0100% | 4h | 0.3448 | +0.174% | $2.9M | $3.3M | 75x | as long as short |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3447 | +0.145% | $1.2M | $1.4M | 20x | as long as short |
| Gate XTZ_USDTlong | +0.0100% | 8h | 0.3442 | long leg | $642K | $214K | 75x | |
| MEXC XTZ_USDTshort | +0.0100% | 4h | 0.3448 | +0.174% | $2.1M | $627K | 100x |
Kraken Futures PF_XTZUSD
Injective XTZ/USDC PERP
BingX XTZ-USDT
BloFin XTZ-USDT
Bitget XTZUSDT
Binance XTZUSDT
Bybit XTZUSDT
OKX XTZ-USDT-SWAPShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3445 | +0.087% | $685K | $315K | 30x | as long as short |
| Variational Omni XTZ | +0.0100% | 4h | 0.3440 | −0.072% | $123K | $296K | — | as long as short |
KuCoin XTZUSDTM
Variational Omni XTZ