Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.029%
Price spread now: BingX against MEXC−0.030%7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$630.633% of the position
Funding, last 7 days+0.124%+$12 on $10k
+Price spread, last 7 days+0.042%+$4 · spread now −0.030%, 7d avg +0.028%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.058% cheaper against MEXC than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.028%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC XTZ_USDT | 0.3377 | 0.0100 | pay 0.0050% / 4h | 3h 30m | $2.0M | $640K | 100x |
| Short | BingX XTZ-USDT | 0.3376 | 0.0100 | get 0.0050% / 4h | 3h 30m | — | $1.1M | — |
MEXC XTZ_USDT
BingX XTZ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against MEXC. 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% → +0.028%
- −$5.77
- Slippage, 4 orders
- −$49.27
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$69.04
- Costs to cover
- 0.633%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; BingX: live order book, 10 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 MEXC live order book, 2 min ago | 2.95 bp | 5.0 bp −$5 | 28.0 bp −$280 | 127.1 bp −$12.7K | doesn't fit |
| Sell BingX live order book, 10 min ago | 5.90 bp | 24.2 bp −$24 | 68.9 bp −$689 | 411.5 bp −$41.2K | 1159.0 bp −$579.5K |
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 | 0.3384 | +0.194% | $269K | $242K | 50x | as long as short |
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +3.168% | $62 | $17K | 5.5x | as long as short |
| BloFin XTZ-USDT | +0.0072% | 4h | 0.3381 | +0.118% | $280K | $97K | 75x | as long as short |
| Binance XTZUSDT | +0.0100% | 4h | 0.3374 | −0.089% | $4.8M | $10.4M | 75x | as long as short |
| Bybit XTZUSDT | +0.0100% | 4h | 0.3376 | −0.030% | $2.7M | $3.4M | 75x | as long as short |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3376 | −0.030% | $1.2M | $1.4M | 20x | as long as short |
| Gate XTZ_USDT | +0.0100% | 8h | 0.3379 | +0.059% | $625K | $200K | 75x | as long as short |
| MEXC XTZ_USDTlong | +0.0100% | 4h | 0.3377 | long leg | $2.0M | $640K | 100x | |
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3379 | +0.059% | $643K | $247K | 30x | as long as short |
| Bitget XTZUSDT | +0.0100% | 4h | 0.3374 | −0.089% | $907K | $1.1M | 75x | as long as short |
Kraken Futures PF_XTZUSD
Injective XTZ/USDC PERP
BloFin XTZ-USDT
Binance XTZUSDT
Bybit XTZUSDT
OKX XTZ-USDT-SWAP
Gate XTZ_USDT
KuCoin XTZUSDTM
Bitget XTZUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XTZ-USDTshort | +0.0100% | 4h | 0.3376 | −0.030% | — | $1.1M | — | |
| Variational Omni XTZ | +0.0100% | 4h | 0.3381 | +0.118% | $121K | $296K | — | as long as short |
Variational Omni XTZ