Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.006%
Price spread now: MEXC against Bybit0.000%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$560.561% of the position
Funding, last 7 days+0.015%+$2 on $10k
+Price spread, last 7 days+0.043%+$4 · spread now 0.000%, 7d avg −0.010%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit XTZUSDT | 0.3414 | 0.0100 | pay 0.0050% / 4h | 1h 07m | $2.8M | $3.3M | 75x |
| Short | MEXC XTZ_USDT | 0.3414 | 0.0100 | get 0.0050% / 4h | 1h 07m | $2.1M | $627K | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Bybit. 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
- $0
- Price spread: 0.000% → −0.010%
- $1.03
- Slippage, 4 orders
- −$41.15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$55.12
- Costs to cover
- 0.561%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; MEXC: live order book, 4 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 Bybit live order book, 5 min ago | 1.47 bp | 23.3 bp −$23 | 53.9 bp −$539 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 1.47 bp | 4.0 bp −$4 | 21.1 bp −$211 | 118.4 bp −$11.8K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XTZUSD | −0.0593% | 1h | 0.3419 | +0.155% | $278K | $218K | 50x | as long as short |
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +2.050% | $62 | $17K | 5.5x | as long as short |
| BingX XTZ-USDT | +0.0036% | 4h | 0.3413 | −0.029% | — | $1.1M | — | as long as short |
| Binance XTZUSDT | +0.0100% | 4h | 0.3414 | −0.012% | $4.8M | $10.1M | 75x | as long as short |
| Bybit XTZUSDTlong | +0.0100% | 4h | 0.3414 | long leg | $2.8M | $3.3M | 75x | |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3415 | +0.029% | $1.2M | $1.4M | 20x | as long as short |
| Gate XTZ_USDT | +0.0100% | 8h | 0.3415 | +0.029% | $635K | $217K | 75x | as long as short |
| MEXC XTZ_USDTshort | +0.0100% | 4h | 0.3414 | 0.000% | $2.1M | $627K | 100x | |
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3415 | +0.029% | $675K | $317K | 30x | as long as short |
| Bitget XTZUSDT | +0.0100% | 4h | 0.3413 | −0.029% | $944K | $1.2M | 75x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni XTZ | +0.0100% | 4h | 0.3409 | −0.160% | $122K | $296K | — | as long as short |
| BloFin XTZ-USDT | +0.0126% | 4h | 0.3410 | −0.117% | $281K | $97K | 75x | as long as short |
Bybit XTZUSDT
MEXC XTZ_USDT
Kraken Futures PF_XTZUSD
Injective XTZ/USDC PERP
BingX XTZ-USDT
Binance XTZUSDT
OKX XTZ-USDT-SWAP
Gate XTZ_USDT
KuCoin XTZUSDTM
Bitget XTZUSDT
Variational Omni XTZ
BloFin XTZ-USDT