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

XTZ

all XTZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against OKX+0.208%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$146as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1501.500% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.044%+$4 on $10k
Price spread, last 4 days (all we have)−0.227%−$23 · spread now +0.208%, 7d avg +0.031%
Together, before fees−0.182%−$18 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 0.177% dearer against OKX than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of +0.031%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX XTZ-USDT-SWAP0.33630.0100pay 0.0100% / 8h2h 00m$1.2M$1.2M20x
ShortGate XTZ_USDT0.33700.0100get 0.0100% / 8h2h 00m$618K$168K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against OKX. 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: +0.208% → +0.031%
$17.67
Slippage, 4 orders
−$125.03
Fee OKX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$132.36
Costs to cover
1.500%
Break-even
never at this rate
Slippage from OKX: live order book, 1 min ago; Gate: live order book, 46 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 OKX live order book, 1 min ago1.49 bp27.5 bp −$28doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 46 min ago5.90 bp54.1 bp −$54161.3 bp −$1,613doesn'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−0.0576%1h0.3372+0.259%$279K$268K50xas long as short
Bitget XTZUSDT−0.0198%4h0.3367+0.119%$898K$858K75xas long as short
Bybit XTZUSDT−0.0108%4h0.3366+0.089%$2.7M$2.6M75xas long as short
MEXC XTZ_USDT+0.0016%4h0.3366+0.089%$2.1M$716K100xas long as short
Binance XTZUSDT+0.0016%4h0.3366+0.089%$4.6M$9.6M75xas long as short
Variational Omni XTZ+0.0017%4h0.3367+0.115%$102K$298Kas long as short
BloFin XTZ-USDT+0.0019%4h0.3371+0.238%$275K$95K75xas long as short
Injective XTZ/USDC PERP+0.0033%1h0.3484+3.598%$62$17K5.5xas long as short
OKX XTZ-USDT-SWAPlong+0.0100%8h0.3363long leg$1.2M$1.2M20x
Gate XTZ_USDTshort+0.0100%8h0.3370+0.208%$618K$168K75x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XTZUSDTM+0.0100%4h0.3367+0.119%$621K$189K30xas long as short
BingX XTZ-USDT+0.0100%4h0.3367+0.119%$1.1Mas long as short