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

XTZ

all XTZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.029%
Price spread now: BingX against MEXC+0.088%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$540.542% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.124%+$12 on $10k
Price spread, last 7 days−0.087%−$9 · spread now +0.088%, 7d avg +0.024%
Together, before fees+0.036%+$4 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: BingX is 0.063% dearer against MEXC than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.024%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC XTZ_USDT0.34280.0100pay 0.0050% / 4h15m 19s$2.1M$670K100x
ShortBingX XTZ-USDT0.34310.0100get 0.0050% / 4h15m 19s$1.1M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against MEXC. 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: +0.088% → +0.024%
$6.33
Slippage, 4 orders
−$40.23
Fee MEXC: 2 bp × 2 orders
−$4
Fee BingX: 5 bp × 2 orders
−$10
Net
−$47.9
Costs to cover
0.542%
Break-even
never at this rate
Slippage from MEXC: live order book, 1 min ago; BingX: live order book, 14 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 MEXC live order book, 1 min ago1.46 bp3.7 bp −$426.3 bp −$263143.0 bp −$14.3Kdoesn't fit
Sell BingX live order book, 14 min ago4.39 bp23.1 bp −$2370.5 bp −$705482.0 bp −$48.2Kdoesn'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−0.0159%1h0.3435+0.210%$283K$251K50xas long as short
Bitget XTZUSDT+0.0032%4h0.3430+0.058%$926K$938K75xas long as short
Injective XTZ/USDC PERP+0.0033%1h0.3484+1.634%$62$17K5.5xas long as short
Binance XTZUSDT+0.0100%4h0.3426−0.045%$4.7M$9.7M75xas long as short
Bybit XTZUSDT+0.0100%4h0.3429+0.029%$2.7M$2.8M75xas long as short
OKX XTZ-USDT-SWAP+0.0100%8h0.3430+0.058%$1.2M$1.3M20xas long as short
Gate XTZ_USDT+0.0100%8h0.3432+0.117%$636K$168K75xas long as short
MEXC XTZ_USDTlong+0.0100%4h0.3428long leg$2.1M$670K100x
KuCoin XTZUSDTM+0.0100%4h0.3431+0.088%$628K$192K30xas long as short
BingX XTZ-USDTshort+0.0100%4h0.3431+0.088%$1.1M
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni XTZ+0.0100%4h0.3428+0.012%$86K$331Kas long as short
BloFin XTZ-USDT+0.0138%4h0.3421−0.204%$280K$97K75xas long as short