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

ZRX

all ZRX markets
SwapBacktest
Alert: funding
Alert: spread
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: MEXC against BingX−0.168%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$840.840% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.032%−$3 on $10k
Price spread, last 7 days+0.183%+$18 · spread now −0.168%, 7d avg −0.012%
Together, before fees+0.151%+$15 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.156% cheaper against BingX than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of −0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ZRX-USDT0.11920.0100pay 0.0050% / 4h3h 08m$2.3M
ShortMEXC ZRX_USDT0.11900.0100get 0.0050% / 4h3h 08m$892K$169K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against BingX. 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: −0.168% → −0.012%
−$15.56
Slippage, 4 orders
−$70.02
Fee BingX: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$99.58
Costs to cover
0.840%
Break-even
never at this rate
Slippage from BingX: live order book, 10 min ago; MEXC: live order book, 38 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 BingX live order book, 10 min ago12.56 bp24.8 bp −$2589.0 bp −$890738.9 bp −$73.9K1135.8 bp −$567.9K
Sell MEXC live order book, 38 min ago4.16 bp8.7 bp −$956.8 bp −$568198.0 bp −$19.8Kdoesn'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
Binance ZRXUSDT+0.0100%4h0.1189−0.252%$1.7M$1.4M50xas long as short
Bybit ZRXUSDT+0.0100%8h0.1189−0.227%$1.4M$335K25xas long as short
OKX ZRX-USDT-SWAP+0.0100%4h0.1189−0.243%$524K$347K20xas long as short
Gate ZRX_USDT+0.0100%8h0.1190−0.176%$144K$40K75xas long as short
MEXC ZRX_USDTshort+0.0100%4h0.1190−0.168%$892K$169K50x
KuCoin ZRXUSDTM+0.0100%4h0.1188−0.336%$301K$54K30xas long as short
Bitget ZRXUSDT+0.0100%4h0.1188−0.336%$593K$130K50xas long as short
BingX ZRX-USDTlong+0.0100%4h0.1192long leg$2.3M
Variational Omni ZRX+0.0100%8h0.1191−0.065%$23K$15Kas long as short
BloFin ZRX-USDT+0.0137%4h0.1191−0.084%$93K$23K50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZRXUSD+0.1196%1h0.1192+0.026%$38K$5K10xas long as short