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

XTZ

all XTZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.17 per $10,000 · paid last 24h +0.015%
Price spread now: BloFin against Variational Omni−0.136%86s7-day average −0.192% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.073%+$7 on $10k
Price spread, last 3 days (all we have)+0.080%+$8 · spread now −0.136%, 7d avg −0.192%
Together, before fees+0.153%+ Points / potential airdropVariational Omni: Active · farm board+$15 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.056% dearer against Variational Omni than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.192%. The two prices were read 86 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni XTZ0.34350.0100pay 0.0050% / 4h1h 43m$123K$296K
ShortBloFin XTZ-USDT0.34300.0133get 0.0067% / 4h1h 43m$282K$95K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Variational Omni. 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
$6.99
Price spread: −0.136% → −0.192%
$5.6
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
$0.59
Costs to cover
0.120%
Break-even
6.4 days
Slippage unknown: Variational Omni: RFQ quote, 40 min ago; BloFin: live order book, 33 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 40 min ago7.24 bpdoesn't fit126.1 bp −$1,261doesn't fitdoesn't fit
Sell BloFin live order book, 33 min ago1.45 bp19.6 bp −$2047.9 bp −$479doesn'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−0.0589%1h0.3442+0.218%$279K$216K50xas long as short
Injective XTZ/USDC PERP+0.0033%1h0.3484+1.436%$62$17K5.5xas long as short
BingX XTZ-USDT+0.0036%4h0.3449+0.417%$1.1Mas long as short
Binance XTZUSDT+0.0100%4h0.3437+0.060%$4.8M$10.0M75xas long as short
Bybit XTZUSDT+0.0100%4h0.3436+0.039%$2.8M$3.3M75xas long as short
OKX XTZ-USDT-SWAP+0.0100%8h0.3435+0.010%$1.2M$1.4M20xas long as short
Gate XTZ_USDT+0.0100%8h0.3435+0.010%$639K$212K75xas long as short
MEXC XTZ_USDT+0.0100%4h0.3437+0.068%$2.1M$610K100xas long as short
KuCoin XTZUSDTM+0.0100%4h0.3439+0.126%$681K$318K30xas long as short
Bitget XTZUSDT+0.0100%4h0.3437+0.068%$948K$1.2M75xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni XTZlong+0.0100%4h0.3435long leg$123K$296K
BloFin XTZ-USDTshort+0.0133%4h0.3430−0.136%$282K$95K75x