Settings8H · net · $10k
Funding arb · Price arb /

XTZ

all XTZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0014%/8h= −1.5% APRnext payment $0.07 per $10,000 · paid last 24h +0.004%
Price spread now: Bitget against Variational Omni−0.055%7-day average −0.153% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.181%+$18 on $10k
Price spread, last 3 days (all we have)+0.285%+$29 · spread now −0.055%, 7d avg −0.153%
Together, before fees+0.466%+ Points / potential airdropVariational Omni: Active · farm board+$47 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.098% dearer against Variational Omni than usual: you sell high and buy low (spread −0.055% now, against its 7-day average of −0.153%): +$10 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 23 days. Mind the row above: over the last 3 days funding on this pair paid +0.181%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni XTZ0.34460.0100pay 0.0050% / 4h2h 31m$123K$296K
ShortBitget XTZUSDT0.34440.0086get 0.0043% / 4h2h 31m$948K$1.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Variational Omni. 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
−$2.94
Price spread: −0.055% → −0.153%
$9.85
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$5.09
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 57 min ago; Bitget: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 57 min ago7.13 bpdoesn't fit55.6 bp −$556doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago7.26 bp22.4 bp −$2265.0 bp −$650doesn't fitdoesn'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−0.0338%1h0.3450+0.130%$280K$219K50xas long as short
Injective XTZ/USDC PERP+0.0033%1h0.3484+1.106%$62$17K5.5xas long as short
BingX XTZ-USDT+0.0036%4h0.3444−0.055%$1.1Mas long as short
Bitget XTZUSDTshort+0.0086%4h0.3444−0.055%$948K$1.2M75x
Binance XTZUSDT+0.0100%4h0.3442−0.113%$4.8M$10.0M75xas long as short
Bybit XTZUSDT+0.0100%4h0.3443−0.084%$2.9M$3.3M75xas long as short
OKX XTZ-USDT-SWAP+0.0100%8h0.3444−0.055%$1.2M$1.4M20xas long as short
Gate XTZ_USDT+0.0100%8h0.3445−0.026%$642K$214K75xas long as short
MEXC XTZ_USDT+0.0100%4h0.3443−0.084%$2.1M$628K100xas long as short
KuCoin XTZUSDTM+0.0100%4h0.3449+0.091%$686K$315K30xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni XTZlong+0.0100%4h0.3446long leg$123K$296K
BloFin XTZ-USDT+0.0158%4h0.3447+0.033%$283K$82K75xas long as short