Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.028%
Price spread now: KuCoin against Binance+0.030%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$171as in the Price arb table
costs, in and out, $10k−$1701.701% of the position
Funding, last 7 days+0.266%+$27 on $10k
+Price spread, last 4 days (all we have)−0.285%−$29 · spread now +0.030%, 7d avg +0.035%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance XTZUSDT | 0.3380 | 0.0100 | pay 0.0050% / 4h | 3h 41m | $4.7M | $9.4M | 75x |
| Short | KuCoin XTZUSDTM | 0.3381 | 0.0100 | get 0.0050% / 4h | 3h 41m | $626K | $203K | 30x |
Binance XTZUSDT
KuCoin XTZUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. 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
- $0
- Price spread: +0.030% → +0.035%
- −$0.54
- Slippage, 4 orders
- −$148.09
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$170.63
- Costs to cover
- 1.701%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 min ago; KuCoin: live order book, 63 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 Binance live order book, 13 min ago | 2.97 bp | 23.4 bp −$23 | 85.3 bp −$853 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 63 min ago | 4.46 bp | 75.5 bp −$75 | 585.4 bp −$5,854 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit XTZUSDT | −0.0802% | 4h | 0.3380 | 0.000% | $2.7M | $2.6M | 75x | as long as short |
| Variational Omni XTZ | −0.0167% | 4h | 0.3384 | +0.117% | $102K | $297K | — | as long as short |
| Bitget XTZUSDT | −0.0156% | 4h | 0.3382 | +0.059% | $916K | $888K | 75x | as long as short |
| Kraken Futures PF_XTZUSD | −0.0100% | 1h | 0.3384 | +0.117% | $279K | $280K | 50x | as long as short |
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +3.077% | $62 | $17K | 5.5x | as long as short |
| Binance XTZUSDTlong | +0.0100% | 4h | 0.3380 | long leg | $4.7M | $9.4M | 75x | |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3382 | +0.059% | $1.2M | $1.3M | 20x | as long as short |
| Gate XTZ_USDT | +0.0100% | 8h | 0.3380 | 0.000% | $620K | $155K | 75x | as long as short |
| MEXC XTZ_USDT | +0.0100% | 4h | 0.3378 | −0.059% | $2.2M | $738K | 100x | as long as short |
| KuCoin XTZUSDTMshort | +0.0100% | 4h | 0.3381 | +0.030% | $626K | $203K | 30x |
Bybit XTZUSDT
Variational Omni XTZ
Bitget XTZUSDT
Kraken Futures PF_XTZUSD
Injective XTZ/USDC PERP
OKX XTZ-USDT-SWAP
Gate XTZ_USDT
MEXC XTZ_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XTZ-USDT | +0.0100% | 4h | 0.3378 | −0.059% | — | $1.1M | — | as long as short |
| BloFin XTZ-USDT | +0.0138% | 4h | 0.3379 | −0.030% | $278K | $94K | 75x | as long as short |
BingX XTZ-USDT
BloFin XTZ-USDT