XTZ

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0232%/8h= +25.4% APRnext payment +$1.16 per $10,000 · paid last 24h +0.018%

Price spread now: MEXC against Bitget0.000%7-day average −0.042% · you sell dearer than you buy

Net, funding: paid 7d − costs−$40as in the Funding arb table

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$470.471% of the position

Long on Bitget Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.076%+$8 on $10k

Price spread, last 7 days+0.046%+$5 · spread now 0.000%, 7d avg −0.042%

Together, before fees+0.122%+$12 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and MEXC is 0.042% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.042%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.076% in total (about 3.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.16 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget XTZUSDT	0.3400	−0.0132	get 0.0066% / 4h	3h 01m	$921K	$837K	75x
Short	MEXC XTZ_USDT	0.3400	0.0100	get 0.0050% / 4h	3h 01m	$2.2M	$758K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Bitget. 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

Position, each leg$Hold fordaysFee BitgetbpFee MEXCbpOrdersPrice spread, now 0.000%Rate

Funding earned: $48.72
Price spread: 0.000% → −0.042%: $4.24
Slippage, 4 orders: −$31.1
Fee Bitget: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: $5.86
Costs to cover: 0.471%
Break-even: 6.2 days

Slippage from Bitget: live order book, 34 min ago; MEXC: live order book, 5 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 Bitget live order book, 34 min ago	1.48 bp	16.1 bp −$16	54.8 bp −$548	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	1.47 bp	3.5 bp −$3	27.1 bp −$271	127.6 bp −$12.8K	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
Bitget XTZUSDTlong	−0.0132%	4h	0.3400	long leg	$921K	$837K	75x
Kraken Futures PF_XTZUSD	−0.0099%	1h	0.3416	+0.479%	$282K	$276K	50x	as long as short
Variational Omni XTZ	−0.0032%	4h	0.3405	+0.160%	$103K	$297K	—	as long as short
Injective XTZ/USDC PERP	+0.0033%	1h	0.3484	+2.471%	$62	$17K	5.5x	as long as short
Binance XTZUSDT	+0.0100%	4h	0.3401	+0.029%	$4.7M	$9.1M	75x	as long as short
Bybit XTZUSDT	+0.0100%	4h	0.3400	0.000%	$2.7M	$2.5M	75x	as long as short
OKX XTZ-USDT-SWAP	+0.0100%	8h	0.3401	+0.029%	$1.2M	$1.2M	20x	as long as short
Gate XTZ_USDT	+0.0100%	8h	0.3404	+0.118%	$624K	$156K	75x	as long as short
MEXC XTZ_USDTshort	+0.0100%	4h	0.3400	0.000%	$2.2M	$758K	100x
KuCoin XTZUSDTM	+0.0100%	4h	0.3406	+0.176%	$629K	$202K	30x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX XTZ-USDT	+0.0100%	4h	0.3404	+0.118%	—	$1.1M	—	as long as short
BloFin XTZ-USDT	+0.0105%	4h	0.3403	+0.088%	$281K	$95K	75x	as long as short