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

XTZ

all XTZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.028%
Price spread now: MEXC against OKX+0.119%7-day average −0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$580.576% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.008%−$1 on $10k
Price spread, last 4 days (all we have)−0.155%−$15 · spread now +0.119%, 7d avg −0.032%
Together, before fees−0.163%−$16 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: MEXC is 0.151% dearer against OKX than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.032%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX XTZ-USDT-SWAP0.33660.0100pay 0.0100% / 8h6h 25m$1.2M$1.4M20x
ShortMEXC XTZ_USDT0.33700.0100get 0.0050% / 4h2h 25m$2.1M$661K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: +0.119% → −0.032%
$15.06
Slippage, 4 orders
−$43.64
Fee OKX: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$42.58
Costs to cover
0.576%
Break-even
never at this rate
Slippage from OKX: live order book, 1 min ago; MEXC: live order book, 1 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 ago1.48 bp31.5 bp −$31doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 1 min ago1.48 bp3.5 bp −$327.7 bp −$277120.5 bp −$12.1Kdoesn't fit

XTZ on 11 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
Injective XTZ/USDC PERP+0.0033%1h0.3484+3.506%$62$17K5.5xas long as short
Kraken Futures PF_XTZUSD+0.0075%1h0.3378+0.361%$270K$246K50xas long as short
Binance XTZUSDT+0.0100%4h0.3365−0.029%$4.7M$10.5M75xas long as short
Bybit XTZUSDT+0.0100%4h0.3364−0.059%$2.7M$3.3M75xas long as short
OKX XTZ-USDT-SWAPlong+0.0100%8h0.3366long leg$1.2M$1.4M20x
Gate XTZ_USDT+0.0100%8h0.3376+0.297%$624K$174K75xas long as short
MEXC XTZ_USDTshort+0.0100%4h0.3370+0.119%$2.1M$661K100x
KuCoin XTZUSDTM+0.0100%4h0.3374+0.238%$634K$226K30xas long as short
Bitget XTZUSDT+0.0100%4h0.3369+0.089%$915K$1.1M75xas long as short
BingX XTZ-USDT+0.0100%4h0.3369+0.089%$1.1Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni XTZ+0.0100%4h0.3373+0.206%$85K$331Kas long as short