Funding you earn now, next payment 08:00 UTC+0.0128%/8h= +14.0% APRnext payment +$0.64 per $10,000 · paid last 24h +0.028%
Price spread now: KuCoin against MEXC−0.030%7-day average +0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1291.291% of the position
Funding, last 7 days+0.265%+$27 on $10k
+Price spread, last 4 days (all we have)+0.084%+$8 · spread now −0.030%, 7d avg +0.039%
=Funding pays, the price is against you. KuCoin is 0.069% cheaper against MEXC than usual: you would sell low and buy high (spread −0.030% now, against its 7-day average of +0.039%). If the spread goes back, that is −$7 on $10k: about 43 hours of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC XTZ_USDT | 0.3351 | −0.0028 | get 0.0014% / 4h | 2h 24m | $2.0M | $701K | 100x |
| Short | KuCoin XTZUSDTM | 0.3350 | 0.0100 | get 0.0050% / 4h | 2h 24m | $620K | $188K | 30x |
MEXC XTZ_USDT
KuCoin XTZUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $26.88
- Price spread: −0.030% → +0.039%
- −$6.88
- Slippage, 4 orders
- −$113.13
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$109.13
- Costs to cover
- 1.291%
- Break-even
- 35.4 days
Slippage from MEXC: live order book, 3 min ago; KuCoin: live order book, 35 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 | 1.50 bp | 3.8 bp −$4 | 38.7 bp −$387 | 142.5 bp −$14.2K | doesn't fit |
| Sell KuCoin live order book, 35 min ago | 7.34 bp | 69.7 bp −$70 | 567.1 bp −$5,671 | 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 | −0.0579% | 1h | 0.3354 | +0.095% | $276K | $265K | 50x | as long as short |
| Bitget XTZUSDT | −0.0232% | 4h | 0.3347 | −0.119% | $907K | $853K | 75x | as long as short |
| Bybit XTZUSDT | −0.0161% | 4h | 0.3349 | −0.060% | $2.7M | $2.7M | 75x | as long as short |
| Binance XTZUSDT | −0.0030% | 4h | 0.3349 | −0.052% | $4.6M | $9.6M | 75x | as long as short |
| MEXC XTZ_USDTlong | −0.0028% | 4h | 0.3351 | long leg | $2.0M | $701K | 100x | |
| BloFin XTZ-USDT | +0.0012% | 4h | 0.3344 | −0.209% | $276K | $94K | 75x | as long as short |
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +3.969% | $62 | $17K | 5.5x | as long as short |
| Variational Omni XTZ | +0.0049% | 4h | 0.3345 | −0.166% | $101K | $298K | — | as long as short |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3349 | −0.060% | $1.2M | $1.2M | 20x | as long as short |
| Gate XTZ_USDT | +0.0100% | 8h | 0.3348 | −0.090% | $616K | $166K | 75x | as long as short |
Kraken Futures PF_XTZUSD
Bitget XTZUSDT
Bybit XTZUSDT
Binance XTZUSDT
BloFin XTZ-USDT
Injective XTZ/USDC PERP
Variational Omni XTZ
OKX XTZ-USDT-SWAP
Gate XTZ_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XTZUSDTMshort | +0.0100% | 4h | 0.3350 | −0.030% | $620K | $188K | 30x | |
| BingX XTZ-USDT | +0.0100% | 4h | 0.3348 | −0.090% | — | $1.1M | — | as long as short |
BingX XTZ-USDT