Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.028%
Price spread now: Binance against KuCoin−0.030%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$197as in the Funding arb table
Net, price: spread back to 7d avg − costs−$170as in the Price arb table
costs, in and out, $10k−$1711.707% of the position
Funding, last 7 days−0.268%−$27 on $10k
+Price spread, last 4 days (all we have)+0.032%+$3 · spread now −0.030%, 7d avg −0.034%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin XTZUSDTM | 0.3359 | 0.0100 | pay 0.0050% / 4h | 3h 03m | $638K | $237K | 30x |
| Short | Binance XTZUSDT | 0.3358 | 0.0100 | get 0.0050% / 4h | 3h 03m | $4.7M | $10.5M | 75x |
KuCoin XTZUSDTM
Binance XTZUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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: −0.030% → −0.034%
- $0.45
- Slippage, 4 orders
- −$148.66
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$170.22
- Costs to cover
- 1.707%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 50 min ago; Binance: live order book, 7 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 KuCoin live order book, 50 min ago | 4.47 bp | 63.4 bp −$63 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 1.47 bp | 27.0 bp −$27 | 76.4 bp −$764 | 508.6 bp −$50.9K | 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 | −0.0178% | 1h | 0.3364 | +0.154% | $268K | $242K | 50x | as long as short |
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +3.721% | $62 | $17K | 5.5x | as long as short |
| BloFin XTZ-USDT | +0.0072% | 4h | 0.3358 | −0.030% | $278K | $96K | 75x | as long as short |
| Binance XTZUSDTshort | +0.0100% | 4h | 0.3358 | −0.030% | $4.7M | $10.5M | 75x | |
| Bybit XTZUSDT | +0.0100% | 4h | 0.3357 | −0.060% | $2.6M | $3.4M | 75x | as long as short |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3358 | −0.030% | $1.2M | $1.4M | 20x | as long as short |
| Gate XTZ_USDT | +0.0100% | 8h | 0.3364 | +0.149% | $623K | $201K | 75x | as long as short |
| MEXC XTZ_USDT | +0.0100% | 4h | 0.3357 | −0.060% | $2.0M | $667K | 100x | as long as short |
| KuCoin XTZUSDTMlong | +0.0100% | 4h | 0.3359 | long leg | $638K | $237K | 30x | |
| Bitget XTZUSDT | +0.0100% | 4h | 0.3358 | −0.030% | $906K | $1.1M | 75x | as long as short |
Kraken Futures PF_XTZUSD
Injective XTZ/USDC PERP
BloFin XTZ-USDT
Bybit XTZUSDT
OKX XTZ-USDT-SWAP
Gate XTZ_USDT
MEXC XTZ_USDT
Bitget XTZUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XTZ-USDT | +0.0100% | 4h | 0.3354 | −0.149% | — | $1.1M | — | as long as short |
| Variational Omni XTZ | +0.0100% | 4h | 0.3379 | +0.592% | $121K | $296K | — | as long as short |
BingX XTZ-USDT
Variational Omni XTZ