Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.028%
Price spread now: Binance against KuCoin−0.061%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$211as in the Funding arb table
Net, price: spread back to 7d avg − costs−$186as in the Price arb table
costs, in and out, $10k−$1831.834% of the position
Funding, last 7 days−0.277%−$28 on $10k
+Price spread, last 4 days (all we have)+0.125%+$12 · spread now −0.061%, 7d avg −0.033%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.028% cheaper against KuCoin than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.033%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin XTZUSDTM | 0.3416 | 0.0100 | pay 0.0050% / 4h | 1h 08m | $675K | $317K | 30x |
| Short | Binance XTZUSDT | 0.3414 | 0.0100 | get 0.0050% / 4h | 1h 08m | $4.8M | $10.1M | 75x |
KuCoin XTZUSDTM
Binance XTZUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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: −0.061% → −0.033%
- −$2.79
- Slippage, 4 orders
- −$161.45
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$186.24
- Costs to cover
- 1.834%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 65 min ago; Binance: live order book, 1 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 KuCoin live order book, 65 min ago | 7.26 bp | 72.9 bp −$73 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 1 min ago | 1.47 bp | 13.5 bp −$13 | 66.5 bp −$665 | 568.6 bp −$56.9K | 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 | −0.0593% | 1h | 0.3419 | +0.088% | $278K | $218K | 50x | as long as short |
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +1.991% | $62 | $17K | 5.5x | as long as short |
| BingX XTZ-USDT | +0.0036% | 4h | 0.3413 | −0.088% | — | $1.1M | — | as long as short |
| Binance XTZUSDTshort | +0.0100% | 4h | 0.3414 | −0.061% | $4.8M | $10.1M | 75x | |
| Bybit XTZUSDT | +0.0100% | 4h | 0.3414 | −0.059% | $2.8M | $3.3M | 75x | as long as short |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3414 | −0.059% | $1.2M | $1.4M | 20x | as long as short |
| Gate XTZ_USDT | +0.0100% | 8h | 0.3415 | −0.029% | $635K | $217K | 75x | as long as short |
| MEXC XTZ_USDT | +0.0100% | 4h | 0.3413 | −0.088% | $2.1M | $627K | 100x | as long as short |
| KuCoin XTZUSDTMlong | +0.0100% | 4h | 0.3416 | long leg | $675K | $317K | 30x | |
| Bitget XTZUSDT | +0.0100% | 4h | 0.3413 | −0.088% | $944K | $1.2M | 75x | as long as short |
Kraken Futures PF_XTZUSD
Injective XTZ/USDC PERP
BingX XTZ-USDT
Bybit XTZUSDT
OKX XTZ-USDT-SWAP
Gate XTZ_USDT
MEXC XTZ_USDT
Bitget XTZUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni XTZ | +0.0100% | 4h | 0.3409 | −0.218% | $122K | $296K | — | as long as short |
| BloFin XTZ-USDT | +0.0126% | 4h | 0.3410 | −0.176% | $281K | $97K | 75x | as long as short |
Variational Omni XTZ
BloFin XTZ-USDT