Settings8H · net · $10k
Funding arb · Price arb /

XTZ

all XTZ markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: Variational Omni against Bybit−0.091%7-day average +0.130% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.061%−$6 on $10k
Price spread, last 4 days (all we have)−0.659%−$66 · spread now −0.091%, 7d avg +0.130%
Together, before fees−0.720%+ Points / potential airdropVariational Omni: Active · farm board−$72 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: Variational Omni is 0.222% cheaper against Bybit than usual: you would sell low and buy high, −$22 on $10k if it goes back to its 7-day average of +0.130%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit XTZUSDT0.33920.0100pay 0.0050% / 4h1h 59m$2.7M$2.9M75x
ShortVariational Omni XTZ0.33890.0100get 0.0050% / 4h1h 59m$85K$331K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Bybit. 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: −0.091% → +0.130%
−$22.16
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$33.16
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 3 min ago; Variational Omni: RFQ quote, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 3 min ago2.95 bp27.9 bp −$2851.0 bp −$510doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 5 min ago7.37 bpdoesn't fit48.6 bp −$486doesn't fitdoesn't fit

XTZ on 11 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
Injective XTZ/USDC PERP+0.0033%1h0.3484+2.712%$62$17K5.5xas long as short
Kraken Futures PF_XTZUSD+0.0075%1h0.3395+0.100%$272K$235K50xas long as short
Binance XTZUSDT+0.0100%4h0.3394+0.069%$4.7M$9.8M75xas long as short
Bybit XTZUSDTlong+0.0100%4h0.3392long leg$2.7M$2.9M75x
OKX XTZ-USDT-SWAP+0.0100%8h0.3393+0.029%$1.2M$1.3M20xas long as short
Gate XTZ_USDT+0.0100%8h0.3395+0.088%$627K$167K75xas long as short
MEXC XTZ_USDT+0.0100%4h0.3393+0.029%$2.1M$634K100xas long as short
KuCoin XTZUSDTM+0.0100%4h0.3396+0.118%$637K$188K30xas long as short
Bitget XTZUSDT+0.0100%4h0.3394+0.059%$918K$966K75xas long as short
BingX XTZ-USDT+0.0100%4h0.3377−0.442%$1.1Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni XTZshort+0.0100%4h0.3389−0.091%$85K$331K