Funding you earn now, next payment 08:00 UTC+0.0010%/8h= +1.1% APRpaid last 24h +0.028%
Price spread now: Gate against MEXC+0.120%7-day average +0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$980.981% of the position
Funding, last 7 days+0.052%+$5 on $10k
+Price spread, last 4 days (all we have)−0.096%−$10 · spread now +0.120%, 7d avg +0.062%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Gate is 0.057% dearer against MEXC than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.062%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC XTZ_USDT | 0.3338 | 0.0090 | pay 0.0045% / 4h | 18m 23s | $2.0M | $737K | 100x |
| Short | Gate XTZ_USDT | 0.3342 | 0.0100 | get 0.0100% / 8h | 18m 23s | $611K | $166K | 75x |
MEXC XTZ_USDT
Gate XTZ_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against MEXC. 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
- $2.1
- Price spread: +0.120% → +0.062%
- $5.74
- Slippage, 4 orders
- −$79.13
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$90.29
- Costs to cover
- 0.981%
- Break-even
- 308.0 days
Slippage from MEXC: live order book, 3 min ago; Gate: live order book, 18 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 MEXC live order book, 3 min ago | 1.49 bp | 3.5 bp −$4 | 24.9 bp −$249 | 129.6 bp −$13.0K | doesn't fit |
| Sell Gate live order book, 18 min ago | 2.98 bp | 58.0 bp −$58 | 154.9 bp −$1,549 | doesn't fit | 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 | −0.0355% | 1h | 0.3349 | +0.333% | $276K | $276K | 50x | as long as short |
| Bybit XTZUSDT | −0.0244% | 4h | 0.3340 | +0.060% | $2.7M | $2.6M | 75x | as long as short |
| Variational Omni XTZ | −0.0237% | 4h | 0.3351 | +0.387% | $101K | $298K | — | as long as short |
| Bitget XTZUSDT | −0.0186% | 4h | 0.3338 | 0.000% | $909K | $865K | 75x | as long as short |
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +4.374% | $62 | $17K | 5.5x | as long as short |
| MEXC XTZ_USDTlong | +0.0090% | 4h | 0.3338 | long leg | $2.0M | $737K | 100x | |
| Binance XTZUSDT | +0.0092% | 4h | 0.3339 | +0.030% | $4.6M | $9.5M | 75x | as long as short |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3339 | +0.030% | $1.2M | $1.3M | 20x | as long as short |
| Gate XTZ_USDTshort | +0.0100% | 8h | 0.3342 | +0.120% | $611K | $166K | 75x | |
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3344 | +0.180% | $628K | $196K | 30x | as long as short |
Kraken Futures PF_XTZUSD
Bybit XTZUSDT
Variational Omni XTZ
Bitget XTZUSDT
Injective XTZ/USDC PERP
Binance XTZUSDT
OKX XTZ-USDT-SWAP
KuCoin XTZUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XTZ-USDT | +0.0100% | 4h | 0.3340 | +0.060% | — | $1.1M | — | as long as short |
| BloFin XTZ-USDT | +0.0148% | 4h | 0.3355 | +0.509% | $278K | $94K | 75x | as long as short |
BingX XTZ-USDT
BloFin XTZ-USDT