Settings8H · net · $10k
Funding arb · Price arb /

XTZ

all XTZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.007%
Price spread now: Binance against BingX−0.087%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$780.778% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.125%−$12 on $10k
Price spread, last 7 days+0.074%+$7 · spread now −0.087%, 7d avg −0.020%
Together, before fees−0.051%−$5 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: Binance is 0.067% cheaper against BingX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.020%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX XTZ-USDT0.33560.0100pay 0.0050% / 4h10m 23s$1.1M
ShortBinance XTZUSDT0.33530.0100get 0.0050% / 4h10m 23s$4.7M$7.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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: −0.087% → −0.020%
−$6.69
Slippage, 4 orders
−$57.84
Fee BingX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$84.53
Costs to cover
0.778%
Break-even
never at this rate
Slippage from BingX: live order book, 8 min ago; Binance: live order book, 7 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 BingX live order book, 8 min ago4.46 bp19.4 bp −$1964.1 bp −$641doesn't fitdoesn't fit
Sell Binance live order book, 7 min ago1.49 bp17.6 bp −$1858.9 bp −$589doesn't fitdoesn't fit

XTZ on 12 exchanges

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−0.0261%1h0.3361+0.140%$272K$257K50xas long as short
Bybit XTZUSDT−0.0119%4h0.3355−0.030%$2.6M$2.1M75xas long as short
Bitget XTZUSDT+0.0028%4h0.3355−0.030%$909K$706K75xas long as short
Injective XTZ/USDC PERP+0.0033%1h0.3484+3.814%$62$17K5.5xas long as short
Binance XTZUSDTshort+0.0100%4h0.3353−0.087%$4.7M$7.9M75x
OKX XTZ-USDT-SWAP+0.0100%8h0.3353−0.089%$1.2M$1.0M20xas long as short
Gate XTZ_USDT+0.0100%8h0.3355−0.030%$606K$124K75xas long as short
MEXC XTZ_USDT+0.0100%4h0.3354−0.060%$2.0M$741K100xas long as short
KuCoin XTZUSDTM+0.0100%4h0.3358+0.060%$603K$155K30xas long as short
BingX XTZ-USDTlong+0.0100%4h0.3356long leg$1.1M
Show all 12 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni XTZ+0.0100%4h0.3355−0.042%$101K$272Kas long as short
BloFin XTZ-USDT+0.0130%4h0.3354−0.060%$281K$94K75xas long as short