Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.028%
Price spread now: MEXC against KuCoin−0.060%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$165as in the Funding arb table
Net, price: spread back to 7d avg − costs−$140as in the Price arb table
costs, in and out, $10k−$1381.383% of the position
Funding, last 7 days−0.265%−$27 on $10k
+Price spread, last 4 days (all we have)+0.018%+$2 · spread now −0.060%, 7d avg −0.038%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.021% cheaper against KuCoin than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin XTZUSDTM | 0.3353 | 0.0100 | pay 0.0050% / 4h | 9m 28s | $628K | $196K | 30x |
| Short | MEXC XTZ_USDT | 0.3351 | 0.0100 | get 0.0050% / 4h | 9m 28s | $2.1M | $763K | 100x |
KuCoin XTZUSDTM
MEXC XTZ_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against KuCoin. 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: −0.060% → −0.038%
- −$2.12
- Slippage, 4 orders
- −$122.34
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$140.47
- Costs to cover
- 1.383%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 35 min ago; MEXC: live order book, 2 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 KuCoin live order book, 35 min ago | 4.46 bp | 53.5 bp −$54 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 1.49 bp | 3.8 bp −$4 | 27.5 bp −$275 | 127.5 bp −$12.7K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XTZUSD | −0.0354% | 1h | 0.3358 | +0.147% | $276K | $276K | 50x | as long as short |
| Variational Omni XTZ | −0.0173% | 4h | 0.3351 | −0.072% | $101K | $298K | — | as long as short |
| Bybit XTZUSDT | −0.0158% | 4h | 0.3354 | +0.030% | $2.7M | $2.6M | 75x | as long as short |
| Bitget XTZUSDT | −0.0152% | 4h | 0.3352 | −0.030% | $910K | $867K | 75x | as long as short |
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +3.907% | $62 | $17K | 5.5x | as long as short |
| Binance XTZUSDT | +0.0100% | 4h | 0.3351 | −0.060% | $4.6M | $9.5M | 75x | as long as short |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3352 | −0.030% | $1.2M | $1.3M | 20x | as long as short |
| Gate XTZ_USDT | +0.0100% | 8h | 0.3352 | −0.030% | $615K | $167K | 75x | as long as short |
| MEXC XTZ_USDTshort | +0.0100% | 4h | 0.3351 | −0.060% | $2.1M | $763K | 100x | |
| KuCoin XTZUSDTMlong | +0.0100% | 4h | 0.3353 | long leg | $628K | $196K | 30x |
Kraken Futures PF_XTZUSD
Variational Omni XTZ
Bybit XTZUSDT
Bitget XTZUSDT
Injective XTZ/USDC PERP
Binance XTZUSDT
OKX XTZ-USDT-SWAP
Gate XTZ_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XTZ-USDT | +0.0100% | 4h | 0.3353 | 0.000% | — | $1.1M | — | as long as short |
| BloFin XTZ-USDT | +0.0132% | 4h | 0.3347 | −0.179% | $276K | $94K | 75x | as long as short |
BingX XTZ-USDT
BloFin XTZ-USDT