Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.006%
Price spread now: Bybit against MEXC−0.178%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$870.868% of the position
Funding, last 7 days−0.025%−$2 on $10k
+Price spread, last 7 days+0.152%+$15 · spread now −0.178%, 7d avg +0.011%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.189% cheaper against MEXC than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of +0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC XTZ_USDT | 0.3380 | 0.0100 | pay 0.0050% / 4h | 2h 43m | $2.0M | $645K | 100x |
| Short | Bybit XTZUSDT | 0.3374 | 0.0100 | get 0.0050% / 4h | 2h 43m | $2.7M | $3.3M | 75x |
MEXC XTZ_USDT
Bybit XTZUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.178% → +0.011%
- −$18.87
- Slippage, 4 orders
- −$71.84
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$105.7
- Costs to cover
- 0.868%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 9 min ago; Bybit: 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, 9 min ago | 1.48 bp | 3.5 bp −$3 | 24.6 bp −$246 | 123.3 bp −$12.3K | doesn't fit |
| Sell Bybit live order book, 4 min ago | 4.43 bp | 37.4 bp −$37 | 77.1 bp −$771 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +3.077% | $62 | $17K | 5.5x | as long as short |
| Kraken Futures PF_XTZUSD | +0.0075% | 1h | 0.3382 | +0.052% | $269K | $247K | 50x | as long as short |
| Binance XTZUSDT | +0.0100% | 4h | 0.3375 | −0.147% | $4.7M | $10.6M | 75x | as long as short |
| Bybit XTZUSDTshort | +0.0100% | 4h | 0.3374 | −0.178% | $2.7M | $3.3M | 75x | |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3373 | −0.207% | $1.2M | $1.4M | 20x | as long as short |
| Gate XTZ_USDT | +0.0100% | 8h | 0.3381 | +0.030% | $625K | $173K | 75x | as long as short |
| MEXC XTZ_USDTlong | +0.0100% | 4h | 0.3380 | long leg | $2.0M | $645K | 100x | |
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3379 | −0.030% | $641K | $237K | 30x | as long as short |
| Bitget XTZUSDT | +0.0100% | 4h | 0.3375 | −0.148% | $911K | $1.1M | 75x | as long as short |
| BingX XTZ-USDT | +0.0100% | 4h | 0.3375 | −0.148% | — | $1.1M | — | as long as short |
Injective XTZ/USDC PERP
Kraken Futures PF_XTZUSD
Binance XTZUSDT
OKX XTZ-USDT-SWAP
Gate XTZ_USDT
KuCoin XTZUSDTM
Bitget XTZUSDT
BingX XTZ-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni XTZ | +0.0100% | 4h | 0.3377 | −0.075% | $121K | $296K | — | as long as short |
| BloFin XTZ-USDT | +0.0115% | 4h | 0.3385 | +0.148% | $279K | $117K | 75x | as long as short |
Variational Omni XTZ
BloFin XTZ-USDT