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

XTZ

all XTZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: OKX against KuCoin−0.294%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$210as in the Funding arb table
Net, price: spread back to 7d avg − costs−$213as in the Price arb table
costs, in and out, $10k−$1841.840% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.257%−$26 on $10k
Price spread, last 4 days (all we have)+0.276%+$28 · spread now −0.294%, 7d avg −0.008%
Together, before fees+0.019%+$2 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: OKX is 0.286% cheaper against KuCoin than usual: you would sell low and buy high, −$29 on $10k if it goes back to its 7-day average of −0.008%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin XTZUSDTM0.33990.0100pay 0.0050% / 4h2h 45m$628K$187K30x
ShortOKX XTZ-USDT-SWAP0.33890.0100get 0.0100% / 8h2h 45m$1.2M$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.294% → −0.008%
−$28.62
Slippage, 4 orders
−$162.02
Fee KuCoin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$212.65
Costs to cover
1.840%
Break-even
never at this rate
Slippage from KuCoin: live order book, 14 min ago; OKX: live order book, 1 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, 14 min ago7.34 bp51.9 bp −$52doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 1 min ago2.95 bp28.7 bp −$29330.2 bp −$3,302doesn'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−0.0573%1h0.3392−0.194%$277K$262K50xas long as short
Bitget XTZUSDT−0.0180%4h0.3388−0.324%$912K$869K75xas long as short
Bybit XTZUSDT−0.0108%4h0.3389−0.294%$2.7M$2.6M75xas long as short
BloFin XTZ-USDT−0.0048%4h0.3394−0.147%$280K$95K75xas long as short
Binance XTZUSDT−0.0001%4h0.3388−0.324%$4.7M$9.6M75xas long as short
MEXC XTZ_USDT+0.0002%4h0.3390−0.265%$2.1M$656K100xas long as short
Injective XTZ/USDC PERP+0.0033%1h0.3484+2.501%$62$17K5.5xas long as short
OKX XTZ-USDT-SWAPshort+0.0100%8h0.3389−0.294%$1.2M$1.3M20x
Gate XTZ_USDT+0.0100%8h0.3400+0.029%$628K$161K75xas long as short
KuCoin XTZUSDTMlong+0.0100%4h0.3399long leg$628K$187K30x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX XTZ-USDT+0.0100%4h0.3389−0.294%$1.1Mas long as short
Variational Omni XTZ+0.0100%4h0.3393−0.179%$86K$282Kas long as short