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

ZRX

all ZRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance−0.042%7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$1021.020% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.004%$0 on $10k
Price spread, last 4 days (all we have)−0.137%−$14 · spread now −0.042%, 7d avg −0.053%
Together, before fees−0.133%−$13 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ZRXUSDT0.11920.0100pay 0.0050% / 4h1h 49m$1.8M$1.2M50x
ShortBitget ZRXUSDT0.11920.0100get 0.0050% / 4h1h 49m$579K$127K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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: −0.042% → −0.053%
$1.1
Slippage, 4 orders
−$80.01
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$100.92
Costs to cover
1.020%
Break-even
never at this rate
Slippage from Binance: live order book, 14 min ago; Bitget: live order book, 30 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 Binance live order book, 14 min ago4.20 bp27.3 bp −$27193.8 bp −$1,938doesn't fitdoesn't fit
Sell Bitget live order book, 30 min ago8.38 bp22.5 bp −$2269.0 bp −$690doesn't fitdoesn't fit

ZRX on 11 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
Bybit ZRXUSDT−0.0143%8h0.1193+0.025%$1.4M$328K25xas long as short
KuCoin ZRXUSDTM−0.0010%4h0.1190−0.210%$330K$57K30xas long as short
Kraken Futures PF_ZRXUSD+0.0035%1h0.1195+0.179%$40K$2K10xas long as short
Binance ZRXUSDTlong+0.0100%4h0.1192long leg$1.8M$1.2M50x
OKX ZRX-USDT-SWAP+0.0100%4h0.1193+0.034%$531K$239K20xas long as short
Gate ZRX_USDT+0.0100%8h0.1193+0.067%$146K$40K75xas long as short
MEXC ZRX_USDT+0.0100%4h0.1193+0.042%$885K$161K50xas long as short
Bitget ZRXUSDTshort+0.0100%4h0.1192−0.042%$579K$127K50x
BingX ZRX-USDT+0.0100%4h0.1193+0.042%$2.3Mas long as short
Variational Omni ZRX+0.0100%8h0.1193+0.050%$29K$35Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin ZRX-USDT+0.0119%4h0.1194+0.126%$95K$19K50xas long as short