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

XTZ

all XTZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against OKX+0.116%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$189as in the Funding arb table
Net, price: spread back to 7d avg − costs−$203as in the Price arb table
costs, in and out, $10k−$2142.145% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.257%+$26 on $10k
Price spread, last 4 days (all we have)−0.188%−$19 · spread now +0.116%, 7d avg +0.003%
Together, before fees+0.069%+$7 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: KuCoin is 0.113% dearer against OKX than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX XTZ-USDT-SWAP0.34440.0100pay 0.0100% / 8h2h 01m$1.2M$1.4M20x
ShortKuCoin XTZUSDTM0.34480.0100get 0.0050% / 4h2h 01m$687K$315K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.116% → +0.003%
$11.29
Slippage, 4 orders
−$192.47
Fee OKX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$203.18
Costs to cover
2.145%
Break-even
never at this rate
Slippage from OKX: live order book, 5 min ago; KuCoin: live order book, 12 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, 5 min ago2.90 bp35.3 bp −$35222.1 bp −$2,221doesn't fitdoesn't fit
Sell KuCoin live order book, 12 min ago7.26 bp77.7 bp −$78395.1 bp −$3,951doesn'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−0.0338%1h0.3451+0.201%$280K$217K50xas long as short
Injective XTZ/USDC PERP+0.0033%1h0.3484+1.161%$62$17K5.5xas long as short
BingX XTZ-USDT+0.0036%4h0.3449+0.145%$1.1Mas long as short
Binance XTZUSDT+0.0100%4h0.3445+0.029%$4.8M$10.1M75xas long as short
Bybit XTZUSDT+0.0100%4h0.34440.000%$2.9M$3.3M75xas long as short
OKX XTZ-USDT-SWAPlong+0.0100%8h0.3444long leg$1.2M$1.4M20x
Gate XTZ_USDT+0.0100%8h0.34440.000%$642K$216K75xas long as short
MEXC XTZ_USDT+0.0100%4h0.3445+0.029%$2.2M$633K100xas long as short
KuCoin XTZUSDTMshort+0.0100%4h0.3448+0.116%$687K$315K30x
Bitget XTZUSDT+0.0100%4h0.3443−0.029%$950K$1.2M75xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni XTZ+0.0100%4h0.3447+0.083%$123K$296Kas long as short
BloFin XTZ-USDT+0.0118%4h0.3445+0.029%$284K$82K75xas long as short