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 −0.028%
Price spread now: MEXC against OKX0.000%7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$650.646% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.008%−$1 on $10k
Price spread, last 4 days (all we have)−0.029%−$3 · spread now 0.000%, 7d avg −0.033%
Together, before fees−0.037%−$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: MEXC is 0.033% dearer against OKX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.033%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX XTZ-USDT-SWAP0.33550.0100pay 0.0100% / 8h7h 00m$1.2M$1.4M20x
ShortMEXC XTZ_USDT0.33550.0100get 0.0050% / 4h3h 00m$2.0M$667K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: 0.000% → −0.033%
$3.25
Slippage, 4 orders
−$50.62
Fee OKX: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$61.36
Costs to cover
0.646%
Break-even
never at this rate
Slippage from OKX: live order book, 1 min ago; MEXC: live order book, 1 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, 1 min ago2.98 bp27.8 bp −$28333.6 bp −$3,336doesn't fitdoesn't fit
Sell MEXC live order book, 1 min ago1.49 bp4.6 bp −$537.1 bp −$371134.4 bp −$13.4Kdoesn'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−0.0178%1h0.3359+0.109%$268K$242K50xas long as short
Injective XTZ/USDC PERP+0.0033%1h0.3484+3.845%$62$17K5.5xas long as short
BloFin XTZ-USDT+0.0087%4h0.3359+0.119%$281K$96K75xas long as short
Binance XTZUSDT+0.0100%4h0.33550.000%$4.7M$10.5M75xas long as short
Bybit XTZUSDT+0.0100%4h0.33550.000%$2.6M$3.4M75xas long as short
OKX XTZ-USDT-SWAPlong+0.0100%8h0.3355long leg$1.2M$1.4M20x
Gate XTZ_USDT+0.0100%8h0.3356+0.030%$621K$201K75xas long as short
MEXC XTZ_USDTshort+0.0100%4h0.33550.000%$2.0M$667K100x
KuCoin XTZUSDTM+0.0100%4h0.3357+0.060%$637K$237K30xas long as short
Bitget XTZUSDT+0.0100%4h0.3356+0.030%$904K$1.1M75xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX XTZ-USDT+0.0100%4h0.3356+0.030%$1.1Mas long as short
Variational Omni XTZ+0.0100%4h0.3355−0.003%$120K$296Kas long as short