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

XTZ

all XTZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0139%/8h= −15.2% APRnext payment $0.69 per $10,000 · paid last 24h −0.006%
Price spread now: Variational Omni against BloFin−0.224%86s7-day average +0.173% · you buy dearer than you sell
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 4 days (all we have)−0.087%−$9 on $10k
Price spread, last 4 days (all we have)+0.241%+$24 · spread now −0.224%, 7d avg +0.173%
Together, before fees+0.154%+ Points / potential airdropVariational Omni: Active · farm board+$15 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Variational Omni is 0.397% cheaper against BloFin than usual: you would sell low and buy high (−$40 if the spread goes back to its 7-day average of +0.173%). Swap the legs. The two prices were read 86 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin XTZ-USDT0.34050.0131pay 0.0066% / 4h2h 59m$282K$95K75x
ShortVariational Omni XTZ0.3397−0.0007pay 0.0004% / 4h2h 59m$103K$297K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against BloFin. 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
−$29.17
Price spread: −0.224% → +0.173%
−$39.74
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$80.91
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 10 min ago; Variational Omni: RFQ quote, 34 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 BloFin live order book, 10 min ago4.41 bp17.3 bp −$1754.8 bp −$548doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 34 min ago5.93 bpdoesn't fit56.3 bp −$563doesn'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
Bitget XTZUSDT−0.0124%4h0.3397−0.235%$928K$844K75xas long as short
Kraken Futures PF_XTZUSD−0.0100%1h0.3406+0.030%$281K$276K50xas long as short
Variational Omni XTZshort−0.0007%4h0.3397−0.224%$103K$297K
Injective XTZ/USDC PERP+0.0033%1h0.3484+2.320%$62$17K5.5xas long as short
Binance XTZUSDT+0.0100%4h0.3395−0.287%$4.7M$9.1M75xas long as short
Bybit XTZUSDT+0.0100%4h0.3396−0.264%$2.7M$2.5M75xas long as short
OKX XTZ-USDT-SWAP+0.0100%8h0.3396−0.264%$1.2M$1.2M20xas long as short
Gate XTZ_USDT+0.0100%8h0.3398−0.206%$623K$156K75xas long as short
MEXC XTZ_USDT+0.0100%4h0.3395−0.294%$2.2M$740K100xas long as short
KuCoin XTZUSDTM+0.0100%4h0.3398−0.206%$627K$202K30xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX XTZ-USDT+0.0100%4h0.3396−0.264%$1.1Mas long as short
BloFin XTZ-USDTlong+0.0131%4h0.3405long leg$282K$95K75x