XTZ

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0057%/8h= +6.3% APRnext payment +$0.29 per $10,000 · paid last 24h +0.003%

Price spread now: BloFin against MEXC−0.058%94s7-day average 0.000% · you buy dearer than you sell

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$350.354% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.001%$0 on $10k

Price spread, last 3 days (all we have)+0.182%+$18 · spread now −0.058%, 7d avg 0.000%

Together, before fees+0.183%+$18 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.058% cheaper against MEXC than usual: you would sell low and buy high (spread −0.058% now, against its 7-day average of 0.000%). If the spread goes back, that is −$6 on $10k: about 3.4 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.001% in total) that is about years. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC XTZ_USDT	0.3448	0.0100	pay 0.0050% / 4h	2h 23m	$2.1M	$628K	100x
Short	BloFin XTZ-USDT	0.3446	0.0157	get 0.0079% / 4h	2h 23m	$283K	$82K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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

Position, each leg$Hold fordaysFee MEXCbpFee BloFinbpOrdersPrice spread, now −0.058%Rate

Funding earned: $12
Price spread: −0.058% → 0.000%: −$5.83
Slippage, 4 orders: −$19.43
Fee MEXC: 2 bp × 2 orders: −$4
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$29.25
Costs to cover: 0.354%
Break-even: 24.1 days

Slippage from MEXC: live order book, 3 min ago; BloFin: live order book, 60 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, 3 min ago	1.45 bp	3.5 bp −$3	27.9 bp −$279	148.5 bp −$14.8K	doesn't fit
Sell BloFin live order book, 60 min ago	2.88 bp	8.9 bp −$9	22.9 bp −$229	184.2 bp −$18.4K	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	0.3453	+0.134%	$280K	$219K	50x	as long as short
Injective XTZ/USDC PERP	+0.0033%	1h	0.3484	+1.044%	$62	$17K	5.5x	as long as short
BingX XTZ-USDT	+0.0036%	4h	0.3450	+0.058%	—	$1.1M	—	as long as short
Binance XTZUSDT	+0.0100%	4h	0.3447	−0.028%	$4.8M	$10.1M	75x	as long as short
Bybit XTZUSDT	+0.0100%	4h	0.3450	+0.058%	$2.9M	$3.3M	75x	as long as short
OKX XTZ-USDT-SWAP	+0.0100%	8h	0.3450	+0.058%	$1.2M	$1.4M	20x	as long as short
Gate XTZ_USDT	+0.0100%	8h	0.3453	+0.145%	$644K	$214K	75x	as long as short
MEXC XTZ_USDTlong	+0.0100%	4h	0.3448	long leg	$2.1M	$628K	100x
KuCoin XTZUSDTM	+0.0100%	4h	0.3449	+0.029%	$686K	$315K	30x	as long as short
Bitget XTZUSDT	+0.0100%	4h	0.3448	0.000%	$950K	$1.2M	75x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni XTZ	+0.0100%	4h	0.3448	+0.011%	$123K	$296K	—	as long as short
BloFin XTZ-USDTshort	+0.0157%	4h	0.3446	−0.058%	$283K	$82K	75x