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

XTZ

all XTZ markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.014%−$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate XTZ_USDT0.33830.0100pay 0.0100% / 8h7h 34m$626K$200K75x
ShortMEXC XTZ_USDT0.33810.0100get 0.0050% / 4h3h 34m$2.0M$640K100x

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 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: −0.059% → −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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 37 min ago2.94 bp46.3 bp −$46135.5 bp −$1,355doesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago1.48 bp3.9 bp −$432.8 bp −$328126.8 bp −$12.7Kdoesn'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−0.0177%1h0.3387+0.107%$268K$241K50xas long as short
Injective XTZ/USDC PERP+0.0033%1h0.3484+2.986%$62$17K5.5xas long as short
Binance XTZUSDT+0.0100%4h0.3378−0.160%$4.8M$10.5M75xas long as short
Bybit XTZUSDT+0.0100%4h0.3377−0.177%$2.7M$3.4M75xas long as short
OKX XTZ-USDT-SWAP+0.0100%8h0.3381−0.059%$1.2M$1.4M20xas long as short
Gate XTZ_USDTlong+0.0100%8h0.3383long leg$626K$200K75x
MEXC XTZ_USDTshort+0.0100%4h0.3381−0.059%$2.0M$640K100x
KuCoin XTZUSDTM+0.0100%4h0.3384+0.030%$644K$338K30xas long as short
Bitget XTZUSDT+0.0100%4h0.3380−0.089%$909K$1.2M75xas long as short
BingX XTZ-USDT+0.0100%4h0.3382−0.030%$1.1Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni XTZ+0.0100%4h0.3382−0.030%$121K$296Kas long as short
BloFin XTZ-USDT+0.0152%4h0.3374−0.266%$279K$97K75xas long as short