Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.028%
Price spread now: KuCoin against Binance+0.146%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costs−$149as in the Price arb table
costs, in and out, $10k−$1601.599% of the position
Funding, last 7 days+0.277%+$28 on $10k
+Price spread, last 4 days (all we have)−0.140%−$14 · spread now +0.146%, 7d avg +0.033%
=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 Binance than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.033%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance XTZUSDT | 0.3431 | 0.0100 | pay 0.0050% / 4h | 44m 35s | $4.8M | $10.1M | 75x |
| Short | KuCoin XTZUSDTM | 0.3436 | 0.0100 | get 0.0050% / 4h | 44m 35s | $679K | $317K | 30x |
Binance XTZUSDT
KuCoin XTZUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. 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: +0.146% → +0.033%
- $11.32
- Slippage, 4 orders
- −$137.86
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$148.54
- Costs to cover
- 1.599%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; KuCoin: live order book, 19 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 Binance live order book, 10 min ago | 1.46 bp | 17.4 bp −$17 | 67.2 bp −$672 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 19 min ago | 7.33 bp | 61.5 bp −$62 | 383.3 bp −$3,833 | doesn't fit | doesn't fit |
XTZ on 12 venues
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XTZUSD | +0.0015% | 1h | 0.3437 | +0.162% | $278K | $223K | 50x | as long as short |
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +1.545% | $62 | $17K | 5.5x | as long as short |
| BingX XTZ-USDT | +0.0036% | 4h | 0.3432 | +0.029% | — | $1.1M | — | as long as short |
| Binance XTZUSDTlong | +0.0100% | 4h | 0.3431 | long leg | $4.8M | $10.1M | 75x | |
| Bybit XTZUSDT | +0.0100% | 4h | 0.3432 | +0.029% | $2.8M | $3.3M | 75x | as long as short |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3433 | +0.058% | $1.2M | $1.5M | 20x | as long as short |
| Gate XTZ_USDT | +0.0100% | 8h | 0.3434 | +0.087% | $637K | $202K | 75x | as long as short |
| MEXC XTZ_USDT | +0.0100% | 4h | 0.3431 | 0.000% | $2.2M | $625K | 100x | as long as short |
| KuCoin XTZUSDTMshort | +0.0100% | 4h | 0.3436 | +0.146% | $679K | $317K | 30x | |
| Bitget XTZUSDT | +0.0100% | 4h | 0.3434 | +0.087% | $948K | $1.2M | 75x | as long as short |
Kraken Futures PF_XTZUSD
Injective XTZ/USDC PERP
BingX XTZ-USDT
Bybit XTZUSDT
OKX XTZ-USDT-SWAP
Gate XTZ_USDT
MEXC XTZ_USDT
Bitget XTZUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni XTZ | +0.0100% | 4h | 0.3433 | +0.046% | $123K | $296K | — | as long as short |
| BloFin XTZ-USDT | +0.0145% | 4h | 0.3431 | 0.000% | $281K | $98K | 75x | as long as short |
Variational Omni XTZ
BloFin XTZ-USDT