Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Binance−0.051%7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1341.344% of the position
Funding, last 7 days−0.030%−$3 on $10k
+Price spread, last 4 days (all we have)+0.033%+$3 · spread now −0.051%, 7d avg −0.041%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZRXUSDT | 0.1186 | 0.0100 | pay 0.0050% / 4h | 1h 36m | $1.7M | $1.4M | 50x |
| Short | OKX ZRX-USDT-SWAP | 0.1185 | 0.0100 | get 0.0050% / 4h | 1h 36m | $521K | $361K | 20x |
Binance ZRXUSDT
OKX ZRX-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.051% → −0.041%
- −$0.99
- Slippage, 4 orders
- −$114.36
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$135.36
- Costs to cover
- 1.344%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; OKX: live order book, 5 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, 12 min ago | 4.20 bp | 27.4 bp −$27 | 193.1 bp −$1,931 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 10.95 bp | 38.2 bp −$38 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ZRX-USDT | +0.0072% | 4h | 0.1186 | 0.000% | $92K | $23K | 50x | as long as short |
| Binance ZRXUSDTlong | +0.0100% | 4h | 0.1186 | long leg | $1.7M | $1.4M | 50x | |
| Bybit ZRXUSDT | +0.0100% | 8h | 0.1188 | +0.143% | $1.4M | $336K | 25x | as long as short |
| OKX ZRX-USDT-SWAPshort | +0.0100% | 4h | 0.1185 | −0.051% | $521K | $361K | 20x | |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1185 | −0.110% | $142K | $39K | 75x | as long as short |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1187 | +0.084% | $890K | $163K | 50x | as long as short |
| KuCoin ZRXUSDTM | +0.0100% | 4h | 0.1186 | 0.000% | $297K | $58K | 30x | as long as short |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1187 | +0.084% | $598K | $138K | 50x | as long as short |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1186 | 0.000% | — | $2.3M | — | as long as short |
| Variational Omni ZRX | +0.0100% | 8h | 0.1190 | +0.307% | $23K | $13K | — | as long as short |
BloFin ZRX-USDT
Bybit ZRXUSDT
Gate ZRX_USDT
MEXC ZRX_USDT
KuCoin ZRXUSDTM
Bitget ZRXUSDT
BingX ZRX-USDT
Variational Omni ZRXShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZRXUSD | +0.2101% | 1h | 0.1189 | +0.267% | $38K | $5K | 10x | as long as short |
Kraken Futures PF_ZRXUSD