Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.008%
Price spread now: Bitget against MEXC+0.232%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$460.465% of the position
Funding, last 7 days−0.053%−$5 on $10k
+Price spread, last 4 days (all we have)−0.177%−$18 · spread now +0.232%, 7d avg +0.034%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.199% dearer against MEXC than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of +0.034%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC XTZ_USDT | 0.3443 | 0.0100 | pay 0.0050% / 4h | 2h 12m | $2.1M | $630K | 100x |
| Short | Bitget XTZUSDT | 0.3451 | 0.0100 | get 0.0050% / 4h | 2h 12m | $952K | $1.2M | 75x |
MEXC XTZ_USDT
Bitget XTZUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: +0.232% → +0.034%
- $19.87
- Slippage, 4 orders
- −$30.48
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$26.61
- Costs to cover
- 0.465%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; Bitget: live order book, 4 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, 4 min ago | 1.45 bp | 3.5 bp −$3 | 27.6 bp −$276 | 146.1 bp −$14.6K | doesn't fit |
| Sell Bitget live order book, 4 min ago | 4.35 bp | 17.5 bp −$17 | 49.7 bp −$497 | doesn't fit | 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 | −0.0338% | 1h | 0.3449 | +0.160% | $280K | $219K | 50x | as long as short |
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +1.191% | $62 | $17K | 5.5x | as long as short |
| BingX XTZ-USDT | +0.0036% | 4h | 0.3446 | +0.087% | — | $1.1M | — | as long as short |
| Binance XTZUSDT | +0.0100% | 4h | 0.3444 | +0.029% | $4.8M | $10.1M | 75x | as long as short |
| Bybit XTZUSDT | +0.0100% | 4h | 0.3445 | +0.058% | $2.9M | $3.3M | 75x | as long as short |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3443 | 0.000% | $1.2M | $1.4M | 20x | as long as short |
| Gate XTZ_USDT | +0.0100% | 8h | 0.3446 | +0.087% | $642K | $215K | 75x | as long as short |
| MEXC XTZ_USDTlong | +0.0100% | 4h | 0.3443 | long leg | $2.1M | $630K | 100x | |
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3450 | +0.203% | $688K | $316K | 30x | as long as short |
| Bitget XTZUSDTshort | +0.0100% | 4h | 0.3451 | +0.232% | $952K | $1.2M | 75x |
Kraken Futures PF_XTZUSD
Injective XTZ/USDC PERP
BingX XTZ-USDT
Binance XTZUSDT
Bybit XTZUSDT
OKX XTZ-USDT-SWAP
Gate XTZ_USDT
KuCoin XTZUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni XTZ | +0.0100% | 4h | 0.3450 | +0.199% | $123K | $296K | — | as long as short |
| BloFin XTZ-USDT | +0.0152% | 4h | 0.3448 | +0.145% | $283K | $82K | 75x | as long as short |
Variational Omni XTZ
BloFin XTZ-USDT