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

XTZ

all XTZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against KuCoin−0.058%7-day average +0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$289as in the Funding arb table
Net, price: spread back to 7d avg − costs−$277as in the Price arb table
costs, in and out, $10k−$2682.680% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.213%−$21 on $10k
Price spread, last 4 days (all we have)−0.015%−$1 · spread now −0.058%, 7d avg +0.031%
Together, before fees−0.228%−$23 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: Gate is 0.089% cheaper against KuCoin than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.031%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin XTZUSDTM0.34400.0100pay 0.0050% / 4h1h 49m$679K$317K30x
ShortGate XTZ_USDT0.34380.0100get 0.0100% / 8h1h 49m$640K$212K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against KuCoin. 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: −0.058% → +0.031%
−$8.94
Slippage, 4 orders
−$241
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$276.94
Costs to cover
2.680%
Break-even
never at this rate
Slippage from KuCoin: live order book, 24 min ago; Gate: live order book, 32 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 KuCoin live order book, 24 min ago7.26 bp72.9 bp −$73doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 32 min ago8.70 bp54.3 bp −$54128.0 bp −$1,280doesn't fitdoesn'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
Kraken Futures PF_XTZUSD−0.0589%1h0.3441+0.036%$279K$216K50xas long as short
Injective XTZ/USDC PERP+0.0033%1h0.3484+1.279%$62$17K5.5xas long as short
BingX XTZ-USDT+0.0036%4h0.3447+0.203%$1.1Mas long as short
Binance XTZUSDT+0.0100%4h0.3436−0.116%$4.8M$10.1M75xas long as short
Bybit XTZUSDT+0.0100%4h0.3435−0.145%$2.8M$3.3M75xas long as short
OKX XTZ-USDT-SWAP+0.0100%8h0.3436−0.116%$1.2M$1.4M20xas long as short
Gate XTZ_USDTshort+0.0100%8h0.3438−0.058%$640K$212K75x
MEXC XTZ_USDT+0.0100%4h0.3437−0.087%$2.2M$605K100xas long as short
KuCoin XTZUSDTMlong+0.0100%4h0.3440long leg$679K$317K30x
Bitget XTZUSDT+0.0100%4h0.3441+0.029%$949K$1.2M75xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni XTZ+0.0100%4h0.3441+0.021%$123K$296Kas long as short
BloFin XTZ-USDT+0.0148%4h0.3437−0.087%$283K$88K75xas long as short