Funding you earn now, next payment 08:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.14 per $10,000 · paid last 24h +0.028%
Price spread now: KuCoin against MEXC+0.088%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1371.373% of the position
Funding, last 7 days+0.265%+$27 on $10k
+Price spread, last 4 days (all we have)−0.088%−$9 · spread now +0.088%, 7d avg +0.039%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.049% dearer against MEXC than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.039%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC XTZ_USDT | 0.3412 | 0.0072 | pay 0.0036% / 4h | 3h 15m | $2.1M | $679K | 100x |
| Short | KuCoin XTZUSDTM | 0.3415 | 0.0100 | get 0.0050% / 4h | 3h 15m | $628K | $188K | 30x |
MEXC XTZ_USDT
KuCoin XTZUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $5.88
- Price spread: +0.088% → +0.039%
- $4.85
- Slippage, 4 orders
- −$121.29
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$126.56
- Costs to cover
- 1.373%
- Break-even
- 157.7 days
Slippage from MEXC: live order book, 1 min ago; KuCoin: live order book, 58 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, 1 min ago | 1.47 bp | 3.9 bp −$4 | 23.7 bp −$237 | 138.0 bp −$13.8K | doesn't fit |
| Sell KuCoin live order book, 58 min ago | 2.91 bp | 78.1 bp −$78 | 594.8 bp −$5,948 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget XTZUSDT | −0.0086% | 4h | 0.3414 | +0.059% | $921K | $903K | 75x | as long as short |
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +2.110% | $62 | $17K | 5.5x | as long as short |
| MEXC XTZ_USDTlong | +0.0072% | 4h | 0.3412 | long leg | $2.1M | $679K | 100x | |
| Binance XTZUSDT | +0.0076% | 4h | 0.3413 | +0.029% | $4.7M | $9.7M | 75x | as long as short |
| Bybit XTZUSDT | +0.0100% | 4h | 0.3416 | +0.117% | $2.7M | $2.7M | 75x | as long as short |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3415 | +0.088% | $1.2M | $1.3M | 20x | as long as short |
| Gate XTZ_USDT | +0.0100% | 8h | 0.3414 | +0.059% | $631K | $165K | 75x | as long as short |
| KuCoin XTZUSDTMshort | +0.0100% | 4h | 0.3415 | +0.088% | $628K | $188K | 30x | |
| BingX XTZ-USDT | +0.0100% | 4h | 0.3416 | +0.117% | — | $1.1M | — | as long as short |
| Variational Omni XTZ | +0.0100% | 4h | 0.3413 | +0.041% | $86K | $282K | — | as long as short |
Bitget XTZUSDT
Injective XTZ/USDC PERP
Binance XTZUSDT
Bybit XTZUSDT
OKX XTZ-USDT-SWAP
Gate XTZ_USDT
BingX XTZ-USDT
Variational Omni XTZShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin XTZ-USDT | +0.0115% | 4h | 0.3415 | +0.088% | $281K | $96K | 75x | as long as short |
| Kraken Futures PF_XTZUSD | +0.0116% | 1h | 0.3417 | +0.160% | $277K | $264K | 50x | as long as short |
BloFin XTZ-USDT
Kraken Futures PF_XTZUSD