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% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC+0.088%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$500.497% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.002%$0 on $10k
Price spread, last 7 days−0.101%−$10 · spread now +0.088%, 7d avg +0.003%
Together, before fees−0.103%−$10 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.084% dearer against MEXC than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC XTZ_USDT0.34180.0100pay 0.0050% / 4h20m 42s$2.1M$662K100x
ShortBinance XTZUSDT0.34210.0100get 0.0050% / 4h20m 42s$4.7M$9.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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: +0.088% → +0.003%
$8.44
Slippage, 4 orders
−$35.67
Fee MEXC: 2 bp × 2 orders
−$4
Fee Binance: 5 bp × 2 orders
−$10
Net
−$41.22
Costs to cover
0.497%
Break-even
never at this rate
Slippage from MEXC: live order book, 1 min ago; Binance: 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 MEXC live order book, 1 min ago1.47 bp4.5 bp −$531.4 bp −$314143.3 bp −$14.3Kdoesn't fit
Sell Binance live order book, 4 min ago1.47 bp20.3 bp −$2068.0 bp −$680doesn't fitdoesn'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−0.0159%1h0.3425+0.202%$283K$251K50xas long as short
Injective XTZ/USDC PERP+0.0033%1h0.3484+1.931%$62$17K5.5xas long as short
Bitget XTZUSDT+0.0046%4h0.3419+0.029%$923K$938K75xas long as short
Binance XTZUSDTshort+0.0100%4h0.3421+0.088%$4.7M$9.7M75x
Bybit XTZUSDT+0.0100%4h0.3421+0.088%$2.7M$2.8M75xas long as short
OKX XTZ-USDT-SWAP+0.0100%8h0.3423+0.146%$1.2M$1.3M20xas long as short
Gate XTZ_USDT+0.0100%8h0.3419+0.029%$634K$168K75xas long as short
MEXC XTZ_USDTlong+0.0100%4h0.3418long leg$2.1M$662K100x
KuCoin XTZUSDTM+0.0100%4h0.34180.000%$626K$191K30xas long as short
BingX XTZ-USDT+0.0100%4h0.34180.000%$1.1Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni XTZ+0.0100%4h0.3414−0.106%$86K$331Kas long as short
BloFin XTZ-USDT+0.0116%4h0.3413−0.146%$282K$96K75xas long as short