XTZ

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0056%/8h= −6.1% APRnext payment −$0.28 per $10,000 · paid last 24h −0.003%

Price spread now: MEXC against BloFin+0.314%49s7-day average 0.000% · you sell dearer than you buy

Net, funding: paid 7d − costs−$50as 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−$500.496% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.001%$0 on $10k

Price spread, last 3 days (all we have)−0.598%−$60 · spread now +0.314%, 7d avg 0.000%

Together, before fees−0.598%−$60 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.314% dearer against BloFin than usual: you sell high and buy low (spread +0.314% now, against its 7-day average of 0.000%): +$31 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 19 days. At the pace of the last 7 days (−0.001% in total) that is about years. The two prices were read 49 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	0.3498	0.0132	pay 0.0066% / 4h	3h 30m	$287K	$83K	75x
Short	MEXC XTZ_USDT	0.3509	0.0076	get 0.0038% / 4h	3h 30m	$2.2M	$615K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.314%Rate

Funding earned: −$11.68
Price spread: +0.314% → 0.000%: $31.43
Slippage, 4 orders: −$33.63
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$29.87
Costs to cover: 0.496%
Break-even: never at this rate

Slippage from BloFin: live order book, 14 min ago; MEXC: live order book, 2 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, 14 min ago	1.43 bp	19.1 bp −$19	59.5 bp −$595	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	1.43 bp	3.7 bp −$4	34.1 bp −$341	140.6 bp −$14.1K	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
BingX XTZ-USDT	−0.0016%	4h	0.3510	+0.343%	—	$1.1M	—	as long as short
Bitget XTZUSDT	−0.0004%	4h	0.3506	+0.229%	$967K	$1.2M	75x	as long as short
Injective XTZ/USDC PERP	+0.0033%	1h	0.3484	−0.400%	$62	$17K	5.5x	as long as short
MEXC XTZ_USDTshort	+0.0076%	4h	0.3509	+0.314%	$2.2M	$615K	100x
Binance XTZUSDT	+0.0083%	4h	0.3507	+0.257%	$4.9M	$9.8M	75x	as long as short
Bybit XTZUSDT	+0.0100%	4h	0.3510	+0.343%	$2.9M	$3.2M	75x	as long as short
OKX XTZ-USDT-SWAP	+0.0100%	8h	0.3509	+0.314%	$1.3M	$1.5M	20x	as long as short
Gate XTZ_USDT	+0.0100%	8h	0.3507	+0.257%	$643K	$208K	75x	as long as short
KuCoin XTZUSDTM	+0.0100%	4h	0.3508	+0.286%	$705K	$308K	30x	as long as short
Variational Omni XTZ	+0.0100%	4h	0.3502	+0.127%	$195K	$194K	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin XTZ-USDTlong	+0.0132%	4h	0.3498	long leg	$287K	$83K	75x
Kraken Futures PF_XTZUSD	+0.0273%	1h	0.3502	+0.109%	$288K	$229K	50x	as long as short