Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.02 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance0.000%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$450.455% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 7 days+0.026%+$3 · spread now 0.000%, 7d avg −0.003%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance XTZUSDT | 0.3356 | 0.0022 | pay 0.0011% / 4h | 1h 48m | $4.6M | $9.6M | 75x |
| Short | MEXC XTZ_USDT | 0.3356 | 0.0018 | get 0.0009% / 4h | 1h 48m | $2.1M | $696K | 100x |
Binance XTZUSDT
MEXC XTZ_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$0.76
- Price spread: 0.000% → −0.003%
- $0.3
- Slippage, 4 orders
- −$31.47
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$45.93
- Costs to cover
- 0.455%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; MEXC: live order book, 4 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, 6 min ago | 1.49 bp | 19.7 bp −$20 | 83.6 bp −$836 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 1.49 bp | 3.7 bp −$4 | 32.3 bp −$323 | 131.4 bp −$13.1K | 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 | −0.0345% | 1h | 0.3362 | +0.179% | $279K | $267K | 50x | as long as short |
| Bitget XTZUSDT | −0.0214% | 4h | 0.3355 | −0.030% | $895K | $854K | 75x | as long as short |
| Bybit XTZUSDT | −0.0091% | 4h | 0.3358 | +0.060% | $2.7M | $2.7M | 75x | as long as short |
| BloFin XTZ-USDT | −0.0027% | 4h | 0.3355 | −0.030% | $276K | $94K | 75x | as long as short |
| MEXC XTZ_USDTshort | +0.0018% | 4h | 0.3356 | 0.000% | $2.1M | $696K | 100x | |
| Variational Omni XTZ | +0.0019% | 4h | 0.3359 | +0.103% | $101K | $298K | — | as long as short |
| Binance XTZUSDTlong | +0.0022% | 4h | 0.3356 | long leg | $4.6M | $9.6M | 75x | |
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +3.814% | $62 | $17K | 5.5x | as long as short |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3356 | 0.000% | $1.2M | $1.2M | 20x | as long as short |
| Gate XTZ_USDT | +0.0100% | 8h | 0.3357 | +0.030% | $616K | $165K | 75x | as long as short |
Kraken Futures PF_XTZUSD
Bitget XTZUSDT
Bybit XTZUSDT
BloFin XTZ-USDT
Variational Omni XTZ
Injective XTZ/USDC PERP
OKX XTZ-USDT-SWAP
Gate XTZ_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3358 | +0.060% | $618K | $189K | 30x | as long as short |
| BingX XTZ-USDT | +0.0100% | 4h | 0.3358 | +0.060% | — | $1.1M | — | as long as short |
KuCoin XTZUSDTM
BingX XTZ-USDT