Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against BingX−0.157%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$433as in the Funding arb table
Net, price: spread back to 7d avg − costs−$439as in the Price arb table
costs, in and out, $10k−$4274.274% of the position
Funding, last 7 days−0.051%−$5 on $10k
+Price spread, last 4 days (all we have)+0.266%+$27 · spread now −0.157%, 7d avg −0.043%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.114% cheaper against BingX than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.043%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZRX-USDT | 0.1208 | 0.0100 | pay 0.0050% / 4h | 31m 15s | — | $2.3M | — |
| Short | Gate ZRX_USDT | 0.1206 | 0.0100 | get 0.0100% / 8h | 4h 31m | $146K | $42K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BingX. 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: −0.157% → −0.043%
- −$11.39
- Slippage, 4 orders
- −$402.44
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$438.83
- Costs to cover
- 4.274%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; Gate: live order book, 19 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 BingX live order book, 2 min ago | 8.28 bp | 31.9 bp −$32 | 122.2 bp −$1,222 | 947.9 bp −$94.8K | 1372.9 bp −$686.4K |
| Sell Gate live order book, 19 min ago | 9.16 bp | 261.1 bp −$261 | 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 | +0.0018% | 4h | 0.1206 | −0.166% | $321K | $46K | 30x | as long as short |
| Binance ZRXUSDT | +0.0100% | 4h | 0.1208 | +0.040% | $1.8M | $1.3M | 50x | as long as short |
| Bybit ZRXUSDT | +0.0100% | 8h | 0.1207 | −0.041% | $1.4M | $342K | 25x | as long as short |
| OKX ZRX-USDT-SWAP | +0.0100% | 4h | 0.1207 | −0.116% | $530K | $348K | 20x | as long as short |
| Gate ZRX_USDTshort | +0.0100% | 8h | 0.1206 | −0.157% | $146K | $42K | 75x | |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1209 | +0.083% | $914K | $169K | 50x | as long as short |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1207 | −0.083% | $580K | $121K | 50x | as long as short |
| BingX ZRX-USDTlong | +0.0100% | 4h | 0.1208 | long leg | — | $2.3M | — | |
| Variational Omni ZRX | +0.0100% | 8h | 0.1202 | −0.485% | $23K | $18K | — | as long as short |
| BloFin ZRX-USDT | +0.0142% | 4h | 0.1206 | −0.166% | $94K | $23K | 50x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZRXUSD | +0.0967% | 1h | 0.1211 | +0.283% | $39K | $4K | 10x | as long as short |
BingX ZRX-USDT
Gate ZRX_USDT
KuCoin ZRXUSDTM
Binance ZRXUSDT
Bybit ZRXUSDT
OKX ZRX-USDT-SWAP
MEXC ZRX_USDT
Bitget ZRXUSDT
Variational Omni ZRX
BloFin ZRX-USDT
Kraken Futures PF_ZRXUSD