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 00:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%
Price spread now: KuCoin against Injective−1.378%7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. KuCoin is 1.378% cheaper against Injective than usual: you would sell low and buy high (spread −1.378% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$138 on $10k: about 2 months of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective XTZ/USDC PERP0.34840.0033pay 0.0004% / 1h44m 31s$62$17K5.5x
ShortKuCoin XTZUSDTM0.34360.0100get 0.0050% / 4h44m 31s$679K$317K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Injective. 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
$14
Price spread: −1.378% → 0.000%
−$137.77
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$135.79
Costs to cover
0.120%
Break-even
74.9 days
Slippage unknown: Injective: no order-book sample; KuCoin: live order book, 19 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 Injective no order-book sample
Sell KuCoin live order book, 19 min ago7.33 bp61.5 bp −$62383.3 bp −$3,833doesn't fitdoesn't fit
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Kraken Futures PF_XTZUSD+0.0015%1h0.3437−1.361%$278K$223K50xas long as short
Injective XTZ/USDC PERPlong+0.0033%1h0.3484long leg$62$17K5.5x
BingX XTZ-USDT+0.0036%4h0.3432−1.493%$1.1Mas long as short
Binance XTZUSDT+0.0100%4h0.3431−1.521%$4.8M$10.1M75xas long as short
Bybit XTZUSDT+0.0100%4h0.3432−1.493%$2.8M$3.3M75xas long as short
OKX XTZ-USDT-SWAP+0.0100%8h0.3433−1.464%$1.2M$1.5M20xas long as short
Gate XTZ_USDT+0.0100%8h0.3434−1.435%$637K$202K75xas long as short
MEXC XTZ_USDT+0.0100%4h0.3431−1.521%$2.2M$625K100xas long as short
KuCoin XTZUSDTMshort+0.0100%4h0.3436−1.378%$679K$317K30x
Bitget XTZUSDT+0.0100%4h0.3434−1.435%$948K$1.2M75xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni XTZ+0.0100%4h0.3433−1.476%$123K$296Kas long as short
BloFin XTZ-USDT+0.0145%4h0.3431−1.521%$281K$98K75xas long as short