Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.028%
Price spread now: OKX against MEXC−0.299%7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$600.605% of the position
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 7 days+0.279%+$28 · spread now −0.299%, 7d avg +0.025%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.324% cheaper against MEXC than usual: you would sell low and buy high, −$32 on $10k if it goes back to its 7-day average of +0.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC XTZ_USDT | 0.3348 | 0.0100 | pay 0.0050% / 4h | 51m 56s | $2.0M | $726K | 100x |
| Short | OKX XTZ-USDT-SWAP | 0.3338 | 0.0100 | get 0.0100% / 8h | 4h 51m | $1.2M | $1.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.299% → +0.025%
- −$32.4
- Slippage, 4 orders
- −$46.49
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$92.89
- Costs to cover
- 0.605%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; OKX: live order book, 3 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 | 2.98 bp | 6.0 bp −$6 | 27.9 bp −$279 | 128.4 bp −$12.8K | doesn't fit |
| Sell OKX live order book, 3 min ago | 2.98 bp | 27.5 bp −$28 | 192.8 bp −$1,928 | doesn't fit | doesn't fit |
XTZ on 12 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit XTZUSDT | −0.0339% | 4h | 0.3342 | −0.179% | $2.6M | $2.2M | 75x | as long as short |
| Kraken Futures PF_XTZUSD | −0.0262% | 1h | 0.3353 | +0.141% | $270K | $251K | 50x | as long as short |
| Variational Omni XTZ | −0.0121% | 4h | 0.3353 | +0.138% | $101K | $272K | — | as long as short |
| Bitget XTZUSDT | −0.0042% | 4h | 0.3346 | −0.060% | $921K | $697K | 75x | as long as short |
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +4.062% | $62 | $17K | 5.5x | as long as short |
| Binance XTZUSDT | +0.0100% | 4h | 0.3344 | −0.120% | $4.7M | $7.9M | 75x | as long as short |
| OKX XTZ-USDT-SWAPshort | +0.0100% | 8h | 0.3338 | −0.299% | $1.2M | $1.1M | 20x | |
| Gate XTZ_USDT | +0.0100% | 8h | 0.3347 | −0.030% | $605K | $123K | 75x | as long as short |
| MEXC XTZ_USDTlong | +0.0100% | 4h | 0.3348 | long leg | $2.0M | $726K | 100x | |
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3347 | −0.030% | $605K | $159K | 30x | as long as short |
Show all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XTZ-USDT | +0.0100% | 4h | 0.3347 | −0.030% | — | $1.1M | — | as long as short |
| BloFin XTZ-USDT | +0.0154% | 4h | 0.3352 | +0.119% | $282K | $94K | 75x | as long as short |
MEXC XTZ_USDT
OKX XTZ-USDT-SWAP
Bybit XTZUSDT
Kraken Futures PF_XTZUSD
Variational Omni XTZ
Bitget XTZUSDT
Injective XTZ/USDC PERP
Binance XTZUSDT
Gate XTZ_USDT
KuCoin XTZUSDTM
BingX XTZ-USDT
BloFin XTZ-USDT