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% APRpaid last 24h −0.028%
Price spread now: MEXC against OKX0.000%7-day average −0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$630.632% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.008%−$1 on $10k
Price spread, last 7 days−0.031%−$3 · spread now 0.000%, 7d avg −0.027%
Together, before fees−0.039%−$4 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: MEXC is 0.027% dearer against OKX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.027%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX XTZ-USDT-SWAP0.34240.0100pay 0.0100% / 8h5h 29m$1.2M$1.3M20x
ShortMEXC XTZ_USDT0.34240.0100get 0.0050% / 4h1h 29m$2.1M$642K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against OKX. 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: 0.000% → −0.027%
$2.68
Slippage, 4 orders
−$49.2
Fee OKX: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$60.52
Costs to cover
0.632%
Break-even
never at this rate
Slippage from OKX: live order book, 2 min ago; MEXC: live order book, 2 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 OKX live order book, 2 min ago2.92 bp32.0 bp −$32doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago1.46 bp3.5 bp −$328.5 bp −$285128.0 bp −$12.8Kdoesn'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−0.0570%1h0.3431+0.208%$285K$242K50xas long as short
Injective XTZ/USDC PERP+0.0033%1h0.3484+1.752%$62$17K5.5xas long as short
Binance XTZUSDT+0.0100%4h0.3424+0.003%$4.8M$9.7M75xas long as short
Bybit XTZUSDT+0.0100%4h0.3426+0.058%$2.7M$2.9M75xas long as short
OKX XTZ-USDT-SWAPlong+0.0100%8h0.3424long leg$1.2M$1.3M20x
Gate XTZ_USDT+0.0100%8h0.3427+0.088%$635K$171K75xas long as short
MEXC XTZ_USDTshort+0.0100%4h0.34240.000%$2.1M$642K100x
KuCoin XTZUSDTM+0.0100%4h0.3430+0.175%$640K$189K30xas long as short
Bitget XTZUSDT+0.0100%4h0.3423−0.029%$923K$939K75xas long as short
BingX XTZ-USDT+0.0100%4h0.3420−0.117%$1.1Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni XTZ+0.0100%4h0.3424+0.009%$86K$331Kas long as short
BloFin XTZ-USDT+0.0144%4h0.3410−0.409%$281K$96K75xas long as short