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% APRpaid last 24h −0.057%
Price spread now: BingX against OKX+0.088%7-day average −0.002% · 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−$95as in the Price arb table
costs, in and out, $10k−$1041.042% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.116%+$12 on $10k
Price spread, last 7 days−0.113%−$11 · spread now +0.088%, 7d avg −0.002%
Together, before fees+0.002%$0 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 0.090% dearer against OKX than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX XTZ-USDT-SWAP0.34120.0100pay 0.0100% / 8h5h 06m$1.2M$1.3M20x
ShortBingX XTZ-USDT0.34150.0100get 0.0050% / 4h1h 06m$1.1M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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% → −0.002%
$9.02
Slippage, 4 orders
−$84.22
Fee OKX: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$95.2
Costs to cover
1.042%
Break-even
never at this rate
Slippage from OKX: live order book, 5 min ago; BingX: live order book, 4 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 OKX live order book, 5 min ago1.45 bp35.2 bp −$35doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 4 min ago4.36 bp25.8 bp −$2675.5 bp −$755461.7 bp −$46.2Kdoesn'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−0.0572%1h0.3421+0.251%$282K$251K50xas long as short
Injective XTZ/USDC PERP+0.0033%1h0.3484+2.110%$62$17K5.5xas long as short
BloFin XTZ-USDT+0.0079%4h0.3424+0.352%$283K$97K75xas long as short
Binance XTZUSDT+0.0100%4h0.34120.000%$4.7M$9.7M75xas long as short
Bybit XTZUSDT+0.0100%4h0.3415+0.088%$2.7M$2.8M75xas long as short
OKX XTZ-USDT-SWAPlong+0.0100%8h0.3412long leg$1.2M$1.3M20x
Gate XTZ_USDT+0.0100%8h0.3428+0.469%$635K$171K75xas long as short
MEXC XTZ_USDT+0.0100%4h0.3415+0.088%$2.1M$654K100xas long as short
KuCoin XTZUSDTM+0.0100%4h0.3424+0.352%$632K$190K30xas long as short
Bitget XTZUSDT+0.0100%4h0.3423+0.322%$927K$937K75xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX XTZ-USDTshort+0.0100%4h0.3415+0.088%$1.1M
Variational Omni XTZ+0.0100%4h0.3443+0.904%$87K$331Kas long as short