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

XTZ

all XTZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.040%
Price spread now: Variational Omni against KuCoin+0.032%7-day average +0.148% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.291%−$29 on $10k
Price spread, last 3 days (all we have)−0.115%−$12 · spread now +0.032%, 7d avg +0.148%
Together, before fees−0.406%+ Points / potential airdropVariational Omni: Active · farm board−$41 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.116% cheaper against KuCoin than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.148%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin XTZUSDTM0.34290.0100pay 0.0050% / 4h1h 35m$679K$318K30x
ShortVariational Omni XTZ0.34300.0100get 0.0050% / 4h1h 35m$123K$296K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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: +0.032% → +0.148%
−$11.6
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$23.6
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 38 min ago; Variational Omni: RFQ quote, 49 min ago. Net counts fees only.

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, 38 min ago7.26 bp72.9 bp −$73doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 49 min ago7.24 bpdoesn't fit126.1 bp −$1,261doesn't fitdoesn't fit

XTZ on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_XTZUSD−0.0591%1h0.3431+0.051%$278K$218K50xas long as short
Injective XTZ/USDC PERP+0.0033%1h0.3484+1.604%$62$17K5.5xas long as short
BingX XTZ-USDT+0.0036%4h0.3430+0.029%$1.1Mas long as short
BloFin XTZ-USDT+0.0071%4h0.3435+0.175%$283K$95K75xas long as short
Binance XTZUSDT+0.0100%4h0.3425−0.117%$4.8M$10.1M75xas long as short
Bybit XTZUSDT+0.0100%4h0.3424−0.146%$2.8M$3.3M75xas long as short
OKX XTZ-USDT-SWAP+0.0100%8h0.3425−0.117%$1.2M$1.4M20xas long as short
Gate XTZ_USDT+0.0100%8h0.3425−0.117%$637K$212K75xas long as short
MEXC XTZ_USDT+0.0100%4h0.3425−0.117%$2.1M$613K100xas long as short
KuCoin XTZUSDTMlong+0.0100%4h0.3429long leg$679K$318K30x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XTZUSDT+0.0100%4h0.3431+0.058%$946K$1.2M75xas long as short
Variational Omni XTZshort+0.0100%4h0.3430+0.032%$123K$296K