Funding you earn now, next payment 00:00 UTC+0.0064%/8h= +7.0% APRnext payment +$0.32 per $10,000 · paid last 24h +0.034%
Price spread now: MEXC against BingX−0.029%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$540.544% of the position
Funding, last 7 days−0.136%−$14 on $10k
+Price spread, last 7 days+0.029%+$3 · spread now −0.029%, 7d avg −0.027%
=The price spread sits at its 7-day average of −0.027%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.136%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX XTZ-USDT | 0.3411 | 0.0036 | pay 0.0018% / 4h | 1h 15m | — | $1.1M | — |
| Short | MEXC XTZ_USDT | 0.3410 | 0.0100 | get 0.0050% / 4h | 1h 15m | $2.1M | $626K | 100x |
BingX XTZ-USDT
MEXC XTZ_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against BingX. 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
- $13.44
- Price spread: −0.029% → −0.027%
- −$0.26
- Slippage, 4 orders
- −$40.41
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$41.22
- Costs to cover
- 0.544%
- Break-even
- 28.5 days
Slippage from BingX: live order book, 4 min ago; MEXC: live order book, 6 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 BingX live order book, 4 min ago | 4.40 bp | 21.8 bp −$22 | 64.9 bp −$649 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 6 min ago | 1.47 bp | 3.7 bp −$4 | 26.0 bp −$260 | 120.1 bp −$12.0K | 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 | −0.0593% | 1h | 0.3417 | +0.174% | $277K | $219K | 50x | as long as short |
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +2.140% | $62 | $17K | 5.5x | as long as short |
| BingX XTZ-USDTlong | +0.0036% | 4h | 0.3411 | long leg | — | $1.1M | — | |
| Binance XTZUSDT | +0.0100% | 4h | 0.3409 | −0.057% | $4.8M | $10.2M | 75x | as long as short |
| Bybit XTZUSDT | +0.0100% | 4h | 0.3411 | 0.000% | $2.8M | $3.3M | 75x | as long as short |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3411 | 0.000% | $1.2M | $1.4M | 20x | as long as short |
| Gate XTZ_USDT | +0.0100% | 8h | 0.3413 | +0.059% | $634K | $217K | 75x | as long as short |
| MEXC XTZ_USDTshort | +0.0100% | 4h | 0.3410 | −0.029% | $2.1M | $626K | 100x | |
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3414 | +0.088% | $675K | $320K | 30x | as long as short |
| Bitget XTZUSDT | +0.0100% | 4h | 0.3410 | −0.029% | $943K | $1.2M | 75x | as long as short |
Kraken Futures PF_XTZUSD
Injective XTZ/USDC PERP
Binance XTZUSDT
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 | 0.3412 | +0.017% | $122K | $296K | — | as long as short |
| BloFin XTZ-USDT | +0.0150% | 4h | 0.3412 | +0.029% | $281K | $97K | 75x | as long as short |
Variational Omni XTZ
BloFin XTZ-USDT