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

XTZ

all XTZ markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0037%/8h= +4.0% APRpaid last 24h −0.008%
Price spread now: MEXC against Injective−2.296%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. MEXC is 2.296% cheaper against Injective than usual: you would sell low and buy high (spread −2.296% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$230 on $10k: about 7 months of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective XTZ/USDC PERP0.34840.0033pay 0.0004% / 1h23m 19s$62$17K5.5x
ShortMEXC XTZ_USDT0.34040.0070get 0.0035% / 4h3h 23m$2.1M$679K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Injective. 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
$7.7
Price spread: −2.296% → 0.000%
−$229.62
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$225.94
Costs to cover
0.040%
Break-even
212.4 days
Slippage unknown: Injective: no order-book sample; MEXC: live order book, 4 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 Injective no order-book sample
Sell MEXC live order book, 4 min ago2.94 bp5.8 bp −$627.0 bp −$270123.2 bp −$12.3Kdoesn't fit
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0074%4h0.3405−2.268%$919K$933K75xas long as short
Injective XTZ/USDC PERPlong+0.0033%1h0.3484long leg$62$17K5.5x
MEXC XTZ_USDTshort+0.0070%4h0.3404−2.296%$2.1M$679K100x
Binance XTZUSDT+0.0071%4h0.3404−2.289%$4.7M$9.7M75xas long as short
Bybit XTZUSDT+0.0100%4h0.3404−2.296%$2.7M$2.8M75xas long as short
OKX XTZ-USDT-SWAP+0.0100%8h0.3406−2.239%$1.2M$1.3M20xas long as short
Gate XTZ_USDT+0.0100%8h0.3401−2.382%$629K$165K75xas long as short
KuCoin XTZUSDTM+0.0100%4h0.3405−2.268%$626K$193K30xas long as short
BingX XTZ-USDT+0.0100%4h0.3405−2.268%$1.1Mas long as short
Variational Omni XTZ+0.0100%4h0.3405−2.257%$86K$331Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin XTZ-USDT+0.0110%4h0.3398−2.468%$279K$95K75xas long as short
Kraken Futures PF_XTZUSD+0.0117%1h0.3408−2.180%$276K$264K50xas long as short