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

XTZ

all XTZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0064%/8h= +7.0% APRnext payment +$0.32 per $10,000 · paid last 24h +0.022%
Price spread now: Variational Omni against BingX+0.872%7-day average +0.126% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.169%−$17 on $10k
Price spread, last 3 days (all we have)−0.993%−$99 · spread now +0.872%, 7d avg +0.126%
Together, before fees−1.162%+ Points / potential airdropVariational Omni: Active · farm board−$116 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Variational Omni is 0.746% dearer against BingX than usual: you sell high and buy low: +$75 more if the spread goes back to its 7-day average of +0.126%. Mind the row above: over the last 3 days funding on this pair cost −0.169%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX XTZ-USDT0.33870.0036pay 0.0018% / 4h3h 58m$1.1M
ShortVariational Omni XTZ0.34170.0100get 0.0050% / 4h3h 58m$122K$296K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$13.44
Price spread: +0.872% → +0.126%
$74.65
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$78.09
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: BingX: live order book, 6 min ago; Variational Omni: RFQ quote, 15 min ago. Net counts fees only.

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, 6 min ago5.84 bp21.0 bp −$2169.1 bp −$691doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 15 min ago7.33 bpdoesn't fit51.3 bp −$513doesn't fitdoesn't fit

XTZ on 12 venues

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−0.0176%1h0.3392+0.134%$269K$232K50xas long as short
Injective XTZ/USDC PERP+0.0033%1h0.3484+2.864%$62$17K5.5xas long as short
BingX XTZ-USDTlong+0.0036%4h0.3387long leg$1.1M
BloFin XTZ-USDT+0.0094%4h0.3395+0.236%$280K$97K75xas long as short
Variational Omni XTZshort+0.0100%4h0.3417+0.872%$122K$296K
Binance XTZUSDT+0.0100%4h0.3384−0.087%$4.8M$10.2M75xas long as short
Bybit XTZUSDT+0.0100%4h0.3386−0.030%$2.8M$3.3M75xas long as short
OKX XTZ-USDT-SWAP+0.0100%8h0.3386−0.030%$1.2M$1.4M20xas long as short
Gate XTZ_USDT+0.0100%8h0.3389+0.059%$629K$196K75xas long as short
MEXC XTZ_USDT+0.0100%4h0.3386−0.030%$2.1M$614K100xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XTZUSDTM+0.0100%4h0.3388+0.030%$670K$316K30xas long as short
Bitget XTZUSDT+0.0100%4h0.3386−0.030%$928K$1.1M75xas long as short