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

XTZ

all XTZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.026%
Price spread now: Bitget against BingX−0.029%7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$890.891% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.209%−$21 on $10k
Price spread, last 7 days+0.103%+$10 · spread now −0.029%, 7d avg +0.018%
Together, before fees−0.106%−$11 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: Bitget is 0.047% cheaper against BingX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.018%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX XTZ-USDT0.34310.0100pay 0.0050% / 4h10m 16s$1.1M
ShortBitget XTZUSDT0.34300.0100get 0.0050% / 4h10m 16s$943K$670K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: −0.029% → +0.018%
−$4.71
Slippage, 4 orders
−$67.1
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$93.81
Costs to cover
0.891%
Break-even
never at this rate
Slippage from BingX: live order book, 12 min ago; Bitget: live order book, 54 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, 12 min ago4.37 bp22.7 bp −$2380.2 bp −$802962.4 bp −$96.2K1394.0 bp −$697.0K
Sell Bitget live order book, 54 min ago2.93 bp23.7 bp −$2457.1 bp −$571doesn'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−0.0111%1h0.3432+0.037%$270K$359K50xas long as short
Injective XTZ/USDC PERP+0.0033%1h0.3419−0.350%$61$49K5.5xas long as short
BloFin XTZ-USDT+0.0045%4h0.3429−0.058%$309K$75K75xas long as short
Binance XTZUSDT+0.0100%4h0.3429−0.058%$4.9M$7.1M75xas long as short
Bybit XTZUSDT+0.0100%4h0.3430−0.029%$2.6M$1.9M75xas long as short
OKX XTZ-USDT-SWAP+0.0100%8h0.34310.000%$1.2M$973K20xas long as short
Gate XTZ_USDT+0.0100%8h0.3432+0.029%$615K$105K75xas long as short
MEXC XTZ_USDT+0.0100%4h0.3429−0.058%$2.1M$783K100xas long as short
KuCoin XTZUSDTM+0.0100%4h0.3430−0.029%$632K$238K30xas long as short
Bitget XTZUSDTshort+0.0100%4h0.3430−0.029%$943K$670K75x
Show all 12 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX XTZ-USDTlong+0.0100%4h0.3431long leg$1.1M
Variational Omni XTZ+0.0100%4h0.3428−0.095%$122K$279Kas long as short