Funding you earn now, next payment 02:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h +0.008%
Price spread now: Injective against MEXC+2.986%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Injective is 2.986% dearer against MEXC than usual: you sell high and buy low (spread +2.986% now, against zero (this spread has no 7-day history yet)): +$299 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC XTZ_USDT | 0.3383 | 0.0100 | pay 0.0050% / 4h | 2h 50m | $2.0M | $644K | 100x |
| Short | Injective XTZ/USDC PERP | 0.3484 | 0.0033 | get 0.0004% / 1h | 50m 48s | $62 | $17K | 5.5x |
MEXC XTZ_USDT
Injective XTZ/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$14
- Price spread: +2.986% → 0.000%
- $298.55
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $280.53
- Costs to cover
- 0.040%
- Break-even
- from the start
Slippage unknown: MEXC: live order book, 1 min ago; Injective: no order-book sample. Net counts fees only.
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, 1 min ago | 1.48 bp | 3.5 bp −$3 | 24.6 bp −$246 | 123.3 bp −$12.3K | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective XTZ/USDC PERPshort | +0.0033% | 1h | 0.3484 | +2.986% | $62 | $17K | 5.5x | |
| Kraken Futures PF_XTZUSD | +0.0075% | 1h | 0.3381 | −0.055% | $270K | $246K | 50x | as long as short |
| BloFin XTZ-USDT | +0.0087% | 4h | 0.3377 | −0.177% | $280K | $117K | 75x | as long as short |
| Binance XTZUSDT | +0.0100% | 4h | 0.3383 | −0.015% | $4.8M | $10.6M | 75x | as long as short |
| Bybit XTZUSDT | +0.0100% | 4h | 0.3384 | +0.030% | $2.7M | $3.4M | 75x | as long as short |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3384 | +0.030% | $1.2M | $1.5M | 20x | as long as short |
| Gate XTZ_USDT | +0.0100% | 8h | 0.3380 | −0.089% | $625K | $173K | 75x | as long as short |
| MEXC XTZ_USDTlong | +0.0100% | 4h | 0.3383 | long leg | $2.0M | $644K | 100x | |
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3384 | +0.030% | $642K | $237K | 30x | as long as short |
| Bitget XTZUSDT | +0.0100% | 4h | 0.3380 | −0.089% | $913K | $1.1M | 75x | as long as short |
Kraken Futures PF_XTZUSD
BloFin XTZ-USDT
Binance XTZUSDT
Bybit 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 | 0.3384 | +0.030% | — | $1.1M | — | as long as short |
| Variational Omni XTZ | +0.0100% | 4h | 0.3376 | −0.193% | $121K | $296K | — | as long as short |
BingX XTZ-USDT
Variational Omni XTZ