Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance−0.014%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$440.439% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 7 days+0.032%+$3 · spread now −0.014%, 7d avg −0.003%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance XTZUSDT | 0.3444 | 0.0100 | pay 0.0050% / 4h | 2h 00m | $4.8M | $10.1M | 75x |
| Short | MEXC XTZ_USDT | 0.3444 | 0.0100 | get 0.0050% / 4h | 2h 00m | $2.2M | $633K | 100x |
Binance XTZUSDT
MEXC XTZ_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.014% → −0.003%
- −$1.1
- Slippage, 4 orders
- −$29.87
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$44.96
- Costs to cover
- 0.439%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 9 min ago | 1.45 bp | 15.8 bp −$16 | 80.4 bp −$804 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 1.45 bp | 3.5 bp −$3 | 29.2 bp −$292 | 121.5 bp −$12.2K | 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 | −0.0338% | 1h | 0.3450 | +0.170% | $280K | $217K | 50x | as long as short |
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +1.148% | $62 | $17K | 5.5x | as long as short |
| BingX XTZ-USDT | +0.0036% | 4h | 0.3448 | +0.103% | — | $1.1M | — | as long as short |
| Binance XTZUSDTlong | +0.0100% | 4h | 0.3444 | long leg | $4.8M | $10.1M | 75x | |
| Bybit XTZUSDT | +0.0100% | 4h | 0.3444 | −0.014% | $2.9M | $3.3M | 75x | as long as short |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3444 | −0.014% | $1.2M | $1.4M | 20x | as long as short |
| Gate XTZ_USDT | +0.0100% | 8h | 0.3444 | −0.014% | $642K | $216K | 75x | as long as short |
| MEXC XTZ_USDTshort | +0.0100% | 4h | 0.3444 | −0.014% | $2.2M | $633K | 100x | |
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3448 | +0.103% | $687K | $315K | 30x | as long as short |
| Bitget XTZUSDT | +0.0100% | 4h | 0.3444 | −0.014% | $950K | $1.2M | 75x | as long as short |
Kraken Futures PF_XTZUSD
Injective XTZ/USDC PERP
BingX XTZ-USDT
Bybit XTZUSDT
OKX XTZ-USDT-SWAP
Gate XTZ_USDT
KuCoin XTZUSDTM
Bitget XTZUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni XTZ | +0.0100% | 4h | 0.3447 | +0.069% | $123K | $296K | — | as long as short |
| BloFin XTZ-USDT | +0.0118% | 4h | 0.3445 | +0.015% | $284K | $82K | 75x | as long as short |
Variational Omni XTZ
BloFin XTZ-USDT