Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.028%
Price spread now: MEXC against Gate−0.148%7-day average −0.062% · you buy dearer than you sell
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1021.021% of the position
Funding, last 7 days−0.052%−$5 on $10k
+Price spread, last 4 days (all we have)+0.294%+$29 · spread now −0.148%, 7d avg −0.062%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.086% cheaper against Gate than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.062%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate XTZ_USDT | 0.3373 | 0.0100 | pay 0.0100% / 8h | 7h 30m | $619K | $155K | 75x |
| Short | MEXC XTZ_USDT | 0.3368 | 0.0100 | get 0.0050% / 4h | 3h 30m | $2.1M | $738K | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Gate. 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
- Price spread: −0.148% → −0.062%
- −$8.61
- Slippage, 4 orders
- −$83.11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$110.73
- Costs to cover
- 1.021%
- Break-even
- never at this rate
Slippage from Gate: live order book, 65 min ago; MEXC: live order book, 6 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 Gate live order book, 65 min ago | 2.98 bp | 32.6 bp −$33 | 136.1 bp −$1,361 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 6 min ago | 2.96 bp | 5.1 bp −$5 | 25.7 bp −$257 | 121.2 bp −$12.1K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit XTZUSDT | −0.0878% | 4h | 0.3369 | −0.119% | $2.7M | $2.6M | 75x | as long as short |
| Variational Omni XTZ | −0.0231% | 4h | 0.3371 | −0.061% | $102K | $297K | — | as long as short |
| Bitget XTZUSDT | −0.0198% | 4h | 0.3373 | 0.000% | $913K | $867K | 75x | as long as short |
| Kraken Futures PF_XTZUSD | −0.0101% | 1h | 0.3374 | +0.021% | $278K | $279K | 50x | as long as short |
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +3.291% | $62 | $17K | 5.5x | as long as short |
| BloFin XTZ-USDT | +0.0082% | 4h | 0.3370 | −0.089% | $280K | $94K | 75x | as long as short |
| Binance XTZUSDT | +0.0100% | 4h | 0.3368 | −0.139% | $4.7M | $9.4M | 75x | as long as short |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3370 | −0.089% | $1.2M | $1.2M | 20x | as long as short |
| Gate XTZ_USDTlong | +0.0100% | 8h | 0.3373 | long leg | $619K | $155K | 75x | |
| MEXC XTZ_USDTshort | +0.0100% | 4h | 0.3368 | −0.148% | $2.1M | $738K | 100x |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3370 | −0.089% | $624K | $203K | 30x | as long as short |
| BingX XTZ-USDT | +0.0100% | 4h | 0.3367 | −0.178% | — | $1.1M | — | as long as short |
Gate XTZ_USDT
MEXC XTZ_USDT
Bybit XTZUSDT
Variational Omni XTZ
Bitget XTZUSDT
Kraken Futures PF_XTZUSD
Injective XTZ/USDC PERP
BloFin XTZ-USDT
Binance XTZUSDT
OKX XTZ-USDT-SWAP
KuCoin XTZUSDTM
BingX XTZ-USDT