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

XTZ

all XTZ markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.058%+$6 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit XTZUSDT0.34140.0100pay 0.0050% / 4h1h 07m$2.8M$3.3M75x
ShortMEXC XTZ_USDT0.34140.0100get 0.0050% / 4h1h 07m$2.1M$627K100x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 5 min ago1.47 bp23.3 bp −$2353.9 bp −$539doesn't fitdoesn't fit
Sell MEXC live order book, 4 min ago1.47 bp4.0 bp −$421.1 bp −$211118.4 bp −$11.8Kdoesn'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−0.0593%1h0.3419+0.155%$278K$218K50xas long as short
Injective XTZ/USDC PERP+0.0033%1h0.3484+2.050%$62$17K5.5xas long as short
BingX XTZ-USDT+0.0036%4h0.3413−0.029%$1.1Mas long as short
Binance XTZUSDT+0.0100%4h0.3414−0.012%$4.8M$10.1M75xas long as short
Bybit XTZUSDTlong+0.0100%4h0.3414long leg$2.8M$3.3M75x
OKX XTZ-USDT-SWAP+0.0100%8h0.3415+0.029%$1.2M$1.4M20xas long as short
Gate XTZ_USDT+0.0100%8h0.3415+0.029%$635K$217K75xas long as short
MEXC XTZ_USDTshort+0.0100%4h0.34140.000%$2.1M$627K100x
KuCoin XTZUSDTM+0.0100%4h0.3415+0.029%$675K$317K30xas long as short
Bitget XTZUSDT+0.0100%4h0.3413−0.029%$944K$1.2M75xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni XTZ+0.0100%4h0.3409−0.160%$122K$296Kas long as short
BloFin XTZ-USDT+0.0126%4h0.3410−0.117%$281K$97K75xas long as short