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

XTZ

all XTZ markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.242%+$24 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: 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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate XTZ_USDT0.33730.0100pay 0.0100% / 8h7h 30m$619K$155K75x
ShortMEXC XTZ_USDT0.33680.0100get 0.0050% / 4h3h 30m$2.1M$738K100x

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 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: −0.148% → −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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 65 min ago2.98 bp32.6 bp −$33136.1 bp −$1,361doesn't fitdoesn't fit
Sell MEXC live order book, 6 min ago2.96 bp5.1 bp −$525.7 bp −$257121.2 bp −$12.1Kdoesn'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
Bybit XTZUSDT−0.0878%4h0.3369−0.119%$2.7M$2.6M75xas long as short
Variational Omni XTZ−0.0231%4h0.3371−0.061%$102K$297Kas long as short
Bitget XTZUSDT−0.0198%4h0.33730.000%$913K$867K75xas long as short
Kraken Futures PF_XTZUSD−0.0101%1h0.3374+0.021%$278K$279K50xas long as short
Injective XTZ/USDC PERP+0.0033%1h0.3484+3.291%$62$17K5.5xas long as short
BloFin XTZ-USDT+0.0082%4h0.3370−0.089%$280K$94K75xas long as short
Binance XTZUSDT+0.0100%4h0.3368−0.139%$4.7M$9.4M75xas long as short
OKX XTZ-USDT-SWAP+0.0100%8h0.3370−0.089%$1.2M$1.2M20xas long as short
Gate XTZ_USDTlong+0.0100%8h0.3373long leg$619K$155K75x
MEXC XTZ_USDTshort+0.0100%4h0.3368−0.148%$2.1M$738K100x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XTZUSDTM+0.0100%4h0.3370−0.089%$624K$203K30xas long as short
BingX XTZ-USDT+0.0100%4h0.3367−0.178%$1.1Mas long as short