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

XTZ

all XTZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0195%/8h= −21.4% APRnext payment $0.98 per $10,000 · paid last 24h −0.034%
Price spread now: Variational Omni against KuCoin−0.003%7-day average +0.128% · 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)−0.291%−$29 on $10k
Price spread, last 4 days (all we have)−0.127%−$13 · spread now −0.003%, 7d avg +0.128%
Together, before fees−0.418%+ Points / potential airdropVariational Omni: Active · farm board−$42 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Variational Omni is 0.131% cheaper against KuCoin than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.128%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin XTZUSDTM0.33660.0100pay 0.0050% / 4h1h 13m$621K$191K30x
ShortVariational Omni XTZ0.3366−0.0095pay 0.0048% / 4h1h 13m$102K$298K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$41.03
Price spread: −0.003% → +0.128%
−$13.08
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$66.11
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 41 min ago; Variational Omni: RFQ quote, 31 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 KuCoin live order book, 41 min ago4.46 bp64.9 bp −$65doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 31 min ago8.94 bpdoesn't fit116.2 bp −$1,162doesn'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−0.0344%1h0.3371+0.149%$281K$270K50xas long as short
Bitget XTZUSDT−0.0224%4h0.33660.000%$912K$851K75xas long as short
Bybit XTZUSDT−0.0146%4h0.3367+0.030%$2.7M$2.6M75xas long as short
Variational Omni XTZshort−0.0095%4h0.3366−0.003%$102K$298K
BloFin XTZ-USDT+0.0026%4h0.3367+0.030%$276K$95K75xas long as short
Injective XTZ/USDC PERP+0.0033%1h0.3484+3.506%$62$17K5.5xas long as short
MEXC XTZ_USDT+0.0054%4h0.3365−0.030%$2.1M$730K100xas long as short
Binance XTZUSDT+0.0061%4h0.3367+0.030%$4.6M$9.6M75xas long as short
OKX XTZ-USDT-SWAP+0.0100%8h0.33660.000%$1.2M$1.3M20xas long as short
Gate XTZ_USDT+0.0100%8h0.3368+0.059%$618K$166K75xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XTZUSDTMlong+0.0100%4h0.3366long leg$621K$191K30x
BingX XTZ-USDT+0.0100%4h0.3365−0.030%$1.1Mas long as short