Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against Binance−0.039%7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$365as in the Funding arb table
Net, price: spread back to 7d avg − costs−$363as in the Price arb table
costs, in and out, $10k−$3643.639% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 4 days (all we have)−0.058%−$6 · spread now −0.039%, 7d avg −0.050%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZRXUSDT | 0.1196 | 0.0100 | pay 0.0050% / 4h | 33m 36s | $1.8M | $1.2M | 50x |
| Short | Gate ZRX_USDT | 0.1196 | 0.0100 | get 0.0100% / 8h | 33m 36s | $146K | $41K | 75x |
Binance ZRXUSDT
Gate ZRX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Binance. 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: −0.039% → −0.050%
- $1.08
- Slippage, 4 orders
- −$338.91
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$362.83
- Costs to cover
- 3.639%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; Gate: live order book, 37 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 Binance live order book, 15 min ago | 4.17 bp | 25.6 bp −$26 | 192.7 bp −$1,927 | doesn't fit | doesn't fit |
| Sell Gate live order book, 37 min ago | 5.45 bp | 175.6 bp −$176 | doesn't fit | doesn't fit | doesn't fit |
ZRX on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZRXUSDTM | −0.0230% | 4h | 0.1194 | −0.198% | $328K | $59K | 30x | as long as short |
| Bybit ZRXUSDT | −0.0002% | 8h | 0.1197 | +0.061% | $1.4M | $341K | 25x | as long as short |
| Binance ZRXUSDTlong | +0.0100% | 4h | 0.1196 | long leg | $1.8M | $1.2M | 50x | |
| OKX ZRX-USDT-SWAP | +0.0100% | 4h | 0.1196 | −0.014% | $531K | $263K | 20x | as long as short |
| Gate ZRX_USDTshort | +0.0100% | 8h | 0.1196 | −0.039% | $146K | $41K | 75x | |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1196 | −0.031% | $908K | $158K | 50x | as long as short |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1198 | +0.137% | $581K | $120K | 50x | as long as short |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1197 | +0.053% | — | $2.3M | — | as long as short |
| Variational Omni ZRX | +0.0100% | 8h | 0.1196 | −0.063% | $23K | $41K | — | as long as short |
| BloFin ZRX-USDT | +0.0134% | 4h | 0.1198 | +0.137% | $95K | $19K | 50x | as long as short |
KuCoin ZRXUSDTM
Bybit ZRXUSDT
OKX ZRX-USDT-SWAP
MEXC ZRX_USDT
Bitget ZRXUSDT
BingX ZRX-USDT
Variational Omni ZRX
BloFin ZRX-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZRXUSD | +0.1200% | 1h | 0.1198 | +0.173% | $39K | $4K | 10x | as long as short |
Kraken Futures PF_ZRXUSD