XTZ

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.06 per $10,000 · paid last 24h +0.024%

Price spread now: KuCoin against BloFin0.000%65s7-day average +0.037% · you sell dearer than you buy

Net, funding: paid 7d − costs−$127as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1531.531% of the position

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.265%+$27 on $10k

Price spread, last 4 days (all we have)−0.355%−$35 · spread now 0.000%, 7d avg +0.037%

Together, before fees−0.090%−$9 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and KuCoin is 0.037% cheaper against BloFin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.037%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.265%, so the current rate has only just turned against you. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin XTZ-USDT	0.3398	0.0112	pay 0.0056% / 4h	1h 01m	$283K	$96K	75x
Short	KuCoin XTZUSDTM	0.3398	0.0100	get 0.0050% / 4h	1h 01m	$627K	$190K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against BloFin. 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

Position, each leg$Hold fordaysFee BloFinbpFee KuCoinbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$2.46
Price spread: 0.000% → +0.037%: −$3.67
Slippage, 4 orders: −$129.08
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$159.2
Costs to cover: 1.531%
Break-even: never at this rate

Slippage from BloFin: live order book, 37 min ago; KuCoin: live order book, 22 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 BloFin live order book, 37 min ago	1.47 bp	16.7 bp −$17	49.2 bp −$492	doesn't fit	doesn't fit
Sell KuCoin live order book, 22 min ago	4.37 bp	60.8 bp −$61	444.3 bp −$4,443	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	−0.0575%	1h	0.3401	+0.096%	$280K	$251K	50x	as long as short
Injective XTZ/USDC PERP	+0.0033%	1h	0.3484	+2.531%	$62	$17K	5.5x	as long as short
Binance XTZUSDT	+0.0100%	4h	0.3392	−0.177%	$4.7M	$9.7M	75x	as long as short
Bybit XTZUSDT	+0.0100%	4h	0.3393	−0.147%	$2.7M	$2.8M	75x	as long as short
OKX XTZ-USDT-SWAP	+0.0100%	8h	0.3393	−0.147%	$1.2M	$1.3M	20x	as long as short
Gate XTZ_USDT	+0.0100%	8h	0.3396	−0.059%	$629K	$171K	75x	as long as short
MEXC XTZ_USDT	+0.0100%	4h	0.3394	−0.118%	$2.1M	$660K	100x	as long as short
KuCoin XTZUSDTMshort	+0.0100%	4h	0.3398	0.000%	$627K	$190K	30x
Bitget XTZUSDT	+0.0100%	4h	0.3397	−0.029%	$920K	$939K	75x	as long as short
BingX XTZ-USDT	+0.0100%	4h	0.3394	−0.118%	—	$1.1M	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni XTZ	+0.0100%	4h	0.3411	+0.378%	$86K	$331K	—	as long as short
BloFin XTZ-USDTlong	+0.0112%	4h	0.3398	long leg	$283K	$96K	75x