Funding you earn now, next payment 01:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.008%
Price spread now: MEXC against Injective−3.014%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. MEXC is 3.014% cheaper against Injective than usual: you would sell low and buy high (spread −3.014% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$301 on $10k: about 5 months of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective XTZ/USDC PERP | 0.3484 | 0.0033 | pay 0.0004% / 1h | 27m 03s | $62 | $17K | 5.5x |
| Short | MEXC XTZ_USDT | 0.3379 | 0.0100 | get 0.0050% / 4h | 3h 27m | $2.0M | $641K | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Injective. 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
- $14
- Price spread: −3.014% → 0.000%
- −$301.38
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$291.4
- Costs to cover
- 0.040%
- Break-even
- 152.7 days
Slippage unknown: Injective: no order-book sample; MEXC: live order book, 5 min ago. Net counts fees only.
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 Injective no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 5 min ago | 2.95 bp | 6.0 bp −$6 | 37.0 bp −$370 | 129.6 bp −$13.0K | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XTZUSD | −0.0177% | 1h | 0.3385 | −2.848% | $269K | $242K | 50x | as long as short |
| Injective XTZ/USDC PERPlong | +0.0033% | 1h | 0.3484 | long leg | $62 | $17K | 5.5x | |
| Binance XTZUSDT | +0.0100% | 4h | 0.3378 | −3.030% | $4.8M | $10.5M | 75x | as long as short |
| Bybit XTZUSDT | +0.0100% | 4h | 0.3379 | −3.014% | $2.7M | $3.4M | 75x | as long as short |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3380 | −2.985% | $1.2M | $1.4M | 20x | as long as short |
| Gate XTZ_USDT | +0.0100% | 8h | 0.3381 | −2.956% | $626K | $200K | 75x | as long as short |
| MEXC XTZ_USDTshort | +0.0100% | 4h | 0.3379 | −3.014% | $2.0M | $641K | 100x | |
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3381 | −2.956% | $641K | $243K | 30x | as long as short |
| Bitget XTZUSDT | +0.0100% | 4h | 0.3378 | −3.042% | $908K | $1.1M | 75x | as long as short |
| BingX XTZ-USDT | +0.0100% | 4h | 0.3379 | −3.014% | — | $1.1M | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni XTZ | +0.0100% | 4h | 0.3381 | −2.957% | $121K | $296K | — | as long as short |
| BloFin XTZ-USDT | +0.0132% | 4h | 0.3378 | −3.042% | $280K | $97K | 75x | as long as short |
Injective XTZ/USDC PERP
MEXC XTZ_USDT
Kraken Futures PF_XTZUSD
Binance XTZUSDT
Bybit XTZUSDT
OKX XTZ-USDT-SWAP
Gate XTZ_USDT
KuCoin XTZUSDTM
Bitget XTZUSDT
BingX XTZ-USDT
Variational Omni XTZ
BloFin XTZ-USDT