Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.028%
Price spread now: MEXC against KuCoin−0.088%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$182as in the Funding arb table
Net, price: spread back to 7d avg − costs−$160as in the Price arb table
costs, in and out, $10k−$1551.551% of the position
Funding, last 7 days−0.265%−$27 on $10k
+Price spread, last 4 days (all we have)+0.046%+$5 · spread now −0.088%, 7d avg −0.039%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.050% 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 −0.039%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin XTZUSDTM | 0.3398 | 0.0100 | pay 0.0050% / 4h | 2h 04m | $638K | $189K | 30x |
| Short | MEXC XTZ_USDT | 0.3395 | 0.0100 | get 0.0050% / 4h | 2h 04m | $2.1M | $677K | 100x |
KuCoin XTZUSDTM
MEXC XTZ_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.088% → −0.039%
- −$4.96
- Slippage, 4 orders
- −$139.14
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$160.1
- Costs to cover
- 1.551%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 34 min ago; MEXC: 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, 34 min ago | 5.94 bp | 71.5 bp −$71 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 2.95 bp | 5.2 bp −$5 | 33.9 bp −$339 | 133.9 bp −$13.4K | doesn't fit |
XTZ on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +2.531% | $62 | $17K | 5.5x | as long as short |
| Kraken Futures PF_XTZUSD | +0.0075% | 1h | 0.3391 | −0.211% | $271K | $235K | 50x | as long as short |
| Binance XTZUSDT | +0.0100% | 4h | 0.3395 | −0.081% | $4.7M | $9.9M | 75x | as long as short |
| Bybit XTZUSDT | +0.0100% | 4h | 0.3394 | −0.118% | $2.7M | $3.0M | 75x | as long as short |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3396 | −0.059% | $1.2M | $1.3M | 20x | as long as short |
| Gate XTZ_USDT | +0.0100% | 8h | 0.3393 | −0.147% | $627K | $175K | 75x | as long as short |
| MEXC XTZ_USDTshort | +0.0100% | 4h | 0.3395 | −0.088% | $2.1M | $677K | 100x | |
| KuCoin XTZUSDTMlong | +0.0100% | 4h | 0.3398 | long leg | $638K | $189K | 30x | |
| Bitget XTZUSDT | +0.0100% | 4h | 0.3395 | −0.088% | $922K | $976K | 75x | as long as short |
| BingX XTZ-USDT | +0.0100% | 4h | 0.3386 | −0.353% | — | $1.1M | — | as long as short |
Injective XTZ/USDC PERP
Kraken Futures PF_XTZUSD
Binance XTZUSDT
Bybit XTZUSDT
OKX XTZ-USDT-SWAP
Gate XTZ_USDT
Bitget XTZUSDT
BingX XTZ-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni XTZ | +0.0100% | 4h | 0.3384 | −0.400% | $85K | $331K | — | as long as short |
Variational Omni XTZ