Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.006%
Price spread now: Bybit against MEXC+0.089%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$750.749% of the position
Funding, last 7 days−0.025%−$2 on $10k
+Price spread, last 7 days−0.113%−$11 · spread now +0.089%, 7d avg +0.011%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.078% dearer against MEXC than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC XTZ_USDT | 0.3385 | 0.0100 | pay 0.0050% / 4h | 3h 16m | $2.0M | $641K | 100x |
| Short | Bybit XTZUSDT | 0.3388 | 0.0100 | get 0.0050% / 4h | 3h 16m | $2.7M | $3.4M | 75x |
MEXC XTZ_USDT
Bybit XTZUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: +0.089% → +0.011%
- $7.77
- Slippage, 4 orders
- −$59.91
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$67.15
- Costs to cover
- 0.749%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 min ago; Bybit: live order book, 6 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, 5 min ago | 1.48 bp | 3.6 bp −$4 | 24.3 bp −$243 | 126.5 bp −$12.6K | doesn't fit |
| Sell Bybit live order book, 6 min ago | 2.96 bp | 34.7 bp −$35 | 52.1 bp −$521 | 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 | −0.0177% | 1h | 0.3388 | +0.083% | $270K | $244K | 50x | as long as short |
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +2.925% | $62 | $17K | 5.5x | as long as short |
| Variational Omni XTZ | +0.0100% | 4h | 0.3379 | −0.179% | $121K | $296K | — | as long as short |
| Binance XTZUSDT | +0.0100% | 4h | 0.3388 | +0.076% | $4.8M | $10.5M | 75x | as long as short |
| Bybit XTZUSDTshort | +0.0100% | 4h | 0.3388 | +0.089% | $2.7M | $3.4M | 75x | |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3392 | +0.207% | $1.2M | $1.5M | 20x | as long as short |
| Gate XTZ_USDT | +0.0100% | 8h | 0.3383 | −0.059% | $626K | $201K | 75x | as long as short |
| MEXC XTZ_USDTlong | +0.0100% | 4h | 0.3385 | long leg | $2.0M | $641K | 100x | |
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3383 | −0.059% | $640K | $243K | 30x | as long as short |
| Bitget XTZUSDT | +0.0100% | 4h | 0.3387 | +0.059% | $924K | $1.1M | 75x | as long as short |
Kraken Futures PF_XTZUSD
Injective XTZ/USDC PERP
Variational Omni XTZ
Binance XTZUSDT
OKX XTZ-USDT-SWAP
Gate XTZ_USDT
KuCoin XTZUSDTM
Bitget XTZUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XTZ-USDT | +0.0100% | 4h | 0.3385 | 0.000% | — | $1.1M | — | as long as short |
| BloFin XTZ-USDT | +0.0156% | 4h | 0.3381 | −0.118% | $281K | $97K | 75x | as long as short |
BingX XTZ-USDT
BloFin XTZ-USDT