Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.028%
Price spread now: MEXC against Gate−0.059%7-day average −0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$1051.050% of the position
Funding, last 7 days−0.052%−$5 on $10k
+Price spread, last 4 days (all we have)+0.038%+$4 · spread now −0.059%, 7d avg −0.067%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate XTZ_USDT | 0.3383 | 0.0100 | pay 0.0100% / 8h | 7h 34m | $626K | $200K | 75x |
| Short | MEXC XTZ_USDT | 0.3381 | 0.0100 | get 0.0050% / 4h | 3h 34m | $2.0M | $640K | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Gate. 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: −0.059% → −0.067%
- $0.79
- Slippage, 4 orders
- −$85.98
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$104.19
- Costs to cover
- 1.050%
- Break-even
- never at this rate
Slippage from Gate: live order book, 37 min ago; MEXC: live order book, 3 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 Gate live order book, 37 min ago | 2.94 bp | 46.3 bp −$46 | 135.5 bp −$1,355 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 1.48 bp | 3.9 bp −$4 | 32.8 bp −$328 | 126.8 bp −$12.7K | 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 | −0.0177% | 1h | 0.3387 | +0.107% | $268K | $241K | 50x | as long as short |
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +2.986% | $62 | $17K | 5.5x | as long as short |
| Binance XTZUSDT | +0.0100% | 4h | 0.3378 | −0.160% | $4.8M | $10.5M | 75x | as long as short |
| Bybit XTZUSDT | +0.0100% | 4h | 0.3377 | −0.177% | $2.7M | $3.4M | 75x | as long as short |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3381 | −0.059% | $1.2M | $1.4M | 20x | as long as short |
| Gate XTZ_USDTlong | +0.0100% | 8h | 0.3383 | long leg | $626K | $200K | 75x | |
| MEXC XTZ_USDTshort | +0.0100% | 4h | 0.3381 | −0.059% | $2.0M | $640K | 100x | |
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3384 | +0.030% | $644K | $338K | 30x | as long as short |
| Bitget XTZUSDT | +0.0100% | 4h | 0.3380 | −0.089% | $909K | $1.2M | 75x | as long as short |
| BingX XTZ-USDT | +0.0100% | 4h | 0.3382 | −0.030% | — | $1.1M | — | 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 | 0.3382 | −0.030% | $121K | $296K | — | as long as short |
| BloFin XTZ-USDT | +0.0152% | 4h | 0.3374 | −0.266% | $279K | $97K | 75x | as long as short |
Gate XTZ_USDT
MEXC XTZ_USDT
Kraken Futures PF_XTZUSD
Injective XTZ/USDC PERP
Binance XTZUSDT
Bybit XTZUSDT
OKX XTZ-USDT-SWAP
KuCoin XTZUSDTM
Bitget XTZUSDT
BingX XTZ-USDT
Variational Omni XTZ
BloFin XTZ-USDT