Funding you earn now, next payment 08:00 UTC−0.0007%/8h= −0.8% APRnext payment −$0.03 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC+0.059%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$460.461% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 7 days−0.085%−$8 · spread now +0.059%, 7d avg +0.003%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.056% dearer against MEXC than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC XTZ_USDT | 0.3374 | −0.0028 | get 0.0014% / 4h | 2h 38m | $2.1M | $685K | 100x |
| Short | Binance XTZUSDT | 0.3376 | −0.0035 | pay 0.0017% / 4h | 2h 38m | $4.6M | $9.6M | 75x |
MEXC XTZ_USDT
Binance XTZUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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
- −$1.44
- Price spread: +0.059% → +0.003%
- $5.63
- Slippage, 4 orders
- −$32.14
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$41.94
- Costs to cover
- 0.461%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 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 MEXC live order book, 4 min ago | 1.48 bp | 3.5 bp −$3 | 25.9 bp −$259 | 128.7 bp −$12.9K | doesn't fit |
| Sell Binance live order book, 1 min ago | 1.49 bp | 16.1 bp −$16 | 70.3 bp −$703 | 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 | −0.0574% | 1h | 0.3383 | +0.252% | $277K | $263K | 50x | as long as short |
| Bitget XTZUSDT | −0.0210% | 4h | 0.3372 | −0.059% | $908K | $868K | 75x | as long as short |
| Bybit XTZUSDT | −0.0163% | 4h | 0.3377 | +0.089% | $2.7M | $2.6M | 75x | as long as short |
| BloFin XTZ-USDT | −0.0077% | 4h | 0.3374 | 0.000% | $279K | $95K | 75x | as long as short |
| Binance XTZUSDTshort | −0.0035% | 4h | 0.3376 | +0.059% | $4.6M | $9.6M | 75x | |
| MEXC XTZ_USDTlong | −0.0028% | 4h | 0.3374 | long leg | $2.1M | $685K | 100x | |
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +3.260% | $62 | $17K | 5.5x | as long as short |
| Variational Omni XTZ | +0.0100% | 4h | 0.3377 | +0.088% | $85K | $282K | — | as long as short |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3377 | +0.089% | $1.2M | $1.2M | 20x | as long as short |
| Gate XTZ_USDT | +0.0100% | 8h | 0.3371 | −0.089% | $623K | $161K | 75x | as long as short |
Kraken Futures PF_XTZUSD
Bitget XTZUSDT
Bybit XTZUSDT
BloFin XTZ-USDT
Injective XTZ/USDC PERP
Variational Omni XTZ
OKX XTZ-USDT-SWAP
Gate XTZ_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3374 | 0.000% | $622K | $187K | 30x | as long as short |
| BingX XTZ-USDT | +0.0100% | 4h | 0.3374 | 0.000% | — | $1.1M | — | as long as short |
KuCoin XTZUSDTM
BingX XTZ-USDT