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: OKX against Bitget+0.237%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$1000.996% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.065%+$6 on $10k
Price spread, last 4 days (all we have)−0.259%−$26 · spread now +0.237%, 7d avg −0.004%
Together, before fees−0.194%−$19 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: OKX is 0.241% dearer against Bitget than usual: you sell high and buy low, +$24 on $10k if it goes back to its 7-day average of −0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget XTZUSDT0.33750.0100pay 0.0050% / 4h3h 33m$907K$1.2M75x
ShortOKX XTZ-USDT-SWAP0.33830.0100get 0.0100% / 8h7h 33m$1.2M$1.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Bitget. 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: +0.237% → −0.004%
$24.13
Slippage, 4 orders
−$77.63
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$75.5
Costs to cover
0.996%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; OKX: live order book, 3 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 Bitget live order book, 3 min ago4.44 bp24.3 bp −$2477.6 bp −$776doesn't fitdoesn't fit
Sell OKX live order book, 3 min ago1.48 bp30.2 bp −$30217.3 bp −$2,173doesn'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−0.0177%1h0.3387+0.345%$268K$241K50xas long as short
Injective XTZ/USDC PERP+0.0033%1h0.3484+3.230%$62$17K5.5xas long as short
Binance XTZUSDT+0.0100%4h0.3382+0.207%$4.8M$10.4M75xas long as short
Bybit XTZUSDT+0.0100%4h0.3381+0.178%$2.7M$3.4M75xas long as short
OKX XTZ-USDT-SWAPshort+0.0100%8h0.3383+0.237%$1.2M$1.4M20x
Gate XTZ_USDT+0.0100%8h0.3380+0.148%$626K$200K75xas long as short
MEXC XTZ_USDT+0.0100%4h0.3378+0.089%$2.0M$640K100xas long as short
KuCoin XTZUSDTM+0.0100%4h0.3380+0.148%$644K$338K30xas long as short
Bitget XTZUSDTlong+0.0100%4h0.3375long leg$907K$1.2M75x
BingX XTZ-USDT+0.0100%4h0.3380+0.148%$1.1Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni XTZ+0.0100%4h0.3382+0.207%$121K$296Kas long as short
BloFin XTZ-USDT+0.0152%4h0.3374−0.030%$279K$97K75xas long as short