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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC XTZ_USDT | 0.3446 | 0.0100 | pay 0.0050% / 4h | 1h 16m | $2.1M | $651K | 100x |
| Short | Gate XTZ_USDT | 0.3446 | 0.0100 | get 0.0100% / 8h | 5h 16m | $639K | $171K | 75x |
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 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: 0.000% → +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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, just now | 1.45 bp | 3.5 bp −$3 | 26.4 bp −$264 | 150.2 bp −$15.0K | doesn't fit |
| Sell Gate live order book, 45 min ago | 2.95 bp | 64.2 bp −$64 | 178.7 bp −$1,787 | 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 | −0.0567% | 1h | 0.3446 | +0.004% | $286K | $243K | 50x | as long as short |
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +1.103% | $62 | $17K | 5.5x | as long as short |
| BloFin XTZ-USDT | +0.0083% | 4h | 0.3436 | −0.290% | $283K | $97K | 75x | as long as short |
| Binance XTZUSDT | +0.0100% | 4h | 0.3447 | +0.029% | $4.8M | $9.6M | 75x | as long as short |
| Bybit XTZUSDT | +0.0100% | 4h | 0.3448 | +0.058% | $2.7M | $2.8M | 75x | as long as short |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3447 | +0.029% | $1.2M | $1.3M | 20x | as long as short |
| Gate XTZ_USDTshort | +0.0100% | 8h | 0.3446 | 0.000% | $639K | $171K | 75x | |
| MEXC XTZ_USDTlong | +0.0100% | 4h | 0.3446 | long leg | $2.1M | $651K | 100x | |
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3449 | +0.087% | $636K | $190K | 30x | as long as short |
| Bitget XTZUSDT | +0.0100% | 4h | 0.3446 | 0.000% | $933K | $947K | 75x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XTZ-USDT | +0.0100% | 4h | 0.3445 | −0.029% | — | $1.1M | — | as long as short |
| Variational Omni XTZ | +0.0100% | 4h | 0.3437 | −0.251% | $87K | $331K | — | as long as short |
MEXC XTZ_USDT
Gate XTZ_USDT
Kraken Futures PF_XTZUSD
Injective XTZ/USDC PERP
BloFin XTZ-USDT
Binance XTZUSDT
Bybit XTZUSDT
OKX XTZ-USDT-SWAP
KuCoin XTZUSDTM
Bitget XTZUSDT
BingX XTZ-USDT
Variational Omni XTZ