Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.034%
Price spread now: Bybit against KuCoin−0.029%7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$244as in the Funding arb table
Net, price: spread back to 7d avg − costs−$219as in the Price arb table
costs, in and out, $10k−$2152.149% of the position
Funding, last 7 days−0.290%−$29 on $10k
+Price spread, last 4 days (all we have)+0.156%+$16 · spread now −0.029%, 7d avg +0.017%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.046% cheaper against KuCoin than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.017%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin XTZUSDTM | 0.3445 | 0.0100 | pay 0.0050% / 4h | 2h 30m | $685K | $315K | 30x |
| Short | Bybit XTZUSDT | 0.3444 | 0.0100 | get 0.0050% / 4h | 2h 30m | $2.9M | $3.3M | 75x |
KuCoin XTZUSDTM
Bybit XTZUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.029% → +0.017%
- −$4.58
- Slippage, 4 orders
- −$191.92
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$219.49
- Costs to cover
- 2.149%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 53 min ago; Bybit: live order book, 2 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, 53 min ago | 8.61 bp | 67.4 bp −$67 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 2.90 bp | 52.2 bp −$52 | 129.3 bp −$1,293 | doesn't fit | 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 | +0.053% | $280K | $219K | 50x | as long as short |
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +1.132% | $62 | $17K | 5.5x | as long as short |
| BingX XTZ-USDT | +0.0036% | 4h | 0.3444 | −0.029% | — | $1.1M | — | as long as short |
| BloFin XTZ-USDT | +0.0083% | 4h | 0.3442 | −0.087% | $283K | $82K | 75x | as long as short |
| Bitget XTZUSDT | +0.0086% | 4h | 0.3444 | −0.029% | $948K | $1.2M | 75x | as long as short |
| Binance XTZUSDT | +0.0100% | 4h | 0.3443 | −0.052% | $4.8M | $10.0M | 75x | as long as short |
| Bybit XTZUSDTshort | +0.0100% | 4h | 0.3444 | −0.029% | $2.9M | $3.3M | 75x | |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3441 | −0.116% | $1.2M | $1.4M | 20x | as long as short |
| Gate XTZ_USDT | +0.0100% | 8h | 0.3444 | −0.029% | $642K | $214K | 75x | as long as short |
| MEXC XTZ_USDT | +0.0100% | 4h | 0.3442 | −0.087% | $2.1M | $628K | 100x | as long as short |
Kraken Futures PF_XTZUSD
Injective XTZ/USDC PERP
BingX XTZ-USDT
BloFin XTZ-USDT
Bitget XTZUSDT
Binance XTZUSDT
OKX XTZ-USDT-SWAP
Gate XTZ_USDT
MEXC XTZ_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XTZUSDTMlong | +0.0100% | 4h | 0.3445 | long leg | $685K | $315K | 30x | |
| Variational Omni XTZ | +0.0100% | 4h | 0.3444 | −0.034% | $123K | $296K | — | as long as short |
Variational Omni XTZ