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

XTZ

all XTZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.028%
Price spread now: Gate against MEXC0.000%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$130as in the Funding arb table
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$1351.348% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.052%+$5 on $10k
Price spread, last 4 days (all we have)−0.146%−$15 · spread now 0.000%, 7d avg +0.065%
Together, before fees−0.093%−$9 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: Gate is 0.065% cheaper against MEXC than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.065%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC XTZ_USDT0.34460.0100pay 0.0050% / 4h1h 16m$2.1M$651K100x
ShortGate XTZ_USDT0.34460.0100get 0.0100% / 8h5h 16m$639K$171K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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

Funding earned
$0
Price spread: 0.000% → +0.065%
−$6.47
Slippage, 4 orders
−$115.82
Fee MEXC: 2 bp × 2 orders
−$4
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$141.29
Costs to cover
1.348%
Break-even
never at this rate
Slippage from MEXC: live order book, just now; Gate: live order book, 45 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 MEXC live order book, just now1.45 bp3.5 bp −$326.4 bp −$264150.2 bp −$15.0Kdoesn't fit
Sell Gate live order book, 45 min ago2.95 bp64.2 bp −$64178.7 bp −$1,787doesn'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−0.0567%1h0.3446+0.004%$286K$243K50xas long as short
Injective XTZ/USDC PERP+0.0033%1h0.3484+1.103%$62$17K5.5xas long as short
BloFin XTZ-USDT+0.0083%4h0.3436−0.290%$283K$97K75xas long as short
Binance XTZUSDT+0.0100%4h0.3447+0.029%$4.8M$9.6M75xas long as short
Bybit XTZUSDT+0.0100%4h0.3448+0.058%$2.7M$2.8M75xas long as short
OKX XTZ-USDT-SWAP+0.0100%8h0.3447+0.029%$1.2M$1.3M20xas long as short
Gate XTZ_USDTshort+0.0100%8h0.34460.000%$639K$171K75x
MEXC XTZ_USDTlong+0.0100%4h0.3446long leg$2.1M$651K100x
KuCoin XTZUSDTM+0.0100%4h0.3449+0.087%$636K$190K30xas long as short
Bitget XTZUSDT+0.0100%4h0.34460.000%$933K$947K75xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX XTZ-USDT+0.0100%4h0.3445−0.029%$1.1Mas long as short
Variational Omni XTZ+0.0100%4h0.3437−0.251%$87K$331Kas long as short