Settings8H · net · $10k
Funding arb · Price arb /

XTZ

all XTZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: OKX against KuCoin0.000%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$207as in the Funding arb table
Net, price: spread back to 7d avg − costs−$180as in the Price arb table
costs, in and out, $10k−$1811.808% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.257%−$26 on $10k
Price spread, last 4 days (all we have)+0.048%+$5 · spread now 0.000%, 7d avg −0.010%
Together, before fees−0.209%−$21 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin XTZUSDTM0.33740.0100pay 0.0050% / 4h1h 28m$609K$179K30x
ShortOKX XTZ-USDT-SWAP0.33740.0100get 0.0100% / 8h5h 28m$1.2M$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against KuCoin. 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% → −0.010%
$1.01
Slippage, 4 orders
−$158.78
Fee KuCoin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$179.77
Costs to cover
1.808%
Break-even
never at this rate
Slippage from KuCoin: live order book, 7 min ago; OKX: live order book, 1 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 KuCoin live order book, 7 min ago4.44 bp64.2 bp −$64doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 1 min ago1.48 bp27.5 bp −$28205.4 bp −$2,054doesn't fitdoesn't fit

XTZ on 12 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit XTZUSDT−0.0368%4h0.3375+0.030%$2.7M$2.3M75xas long as short
Bitget XTZUSDT−0.0080%4h0.3372−0.059%$911K$748K75xas long as short
Variational Omni XTZ−0.0051%4h0.3373−0.023%$102K$272Kas long as short
Injective XTZ/USDC PERP+0.0033%1h0.3484+3.260%$62$17K5.5xas long as short
Binance XTZUSDT+0.0100%4h0.3373−0.023%$4.7M$8.3M75xas long as short
OKX XTZ-USDT-SWAPshort+0.0100%8h0.33740.000%$1.2M$1.1M20x
Gate XTZ_USDT+0.0100%8h0.3373−0.030%$613K$122K75xas long as short
MEXC XTZ_USDT+0.0100%4h0.33740.000%$2.0M$739K100xas long as short
KuCoin XTZUSDTMlong+0.0100%4h0.3374long leg$609K$179K30x
BingX XTZ-USDT+0.0100%4h0.33740.000%$1.1Mas long as short
Show all 12 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin XTZ-USDT+0.0130%4h0.3373−0.030%$283K$95K75xas long as short
Kraken Futures PF_XTZUSD+0.0138%1h0.3377+0.087%$274K$255K50xas long as short