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: OKX against BingX−0.067%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$1381.379% of the position
Funding, last 7 days−0.075%−$8 on $10k
+Price spread, last 4 days (all we have)+0.232%+$23 · spread now −0.067%, 7d avg −0.037%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.030% cheaper against BingX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.037%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZRX-USDT | 0.1198 | 0.0100 | pay 0.0050% / 4h | 54m 00s | — | $2.3M | — |
| Short | OKX ZRX-USDT-SWAP | 0.1197 | 0.0100 | get 0.0050% / 4h | 54m 00s | $532K | $262K | 20x |
BingX ZRX-USDT
OKX ZRX-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.067% → −0.037%
- −$2.99
- Slippage, 4 orders
- −$117.89
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$140.88
- Costs to cover
- 1.379%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; OKX: live order book, 22 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, 4 min ago | 12.53 bp | 32.6 bp −$33 | 94.8 bp −$948 | 739.8 bp −$74.0K | 1200.8 bp −$600.4K |
| Sell OKX live order book, 22 min ago | 5.03 bp | 30.6 bp −$31 | 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 | −0.0252% | 4h | 0.1196 | −0.167% | $328K | $59K | 30x | as long as short |
| Bybit ZRXUSDT | −0.0031% | 8h | 0.1198 | +0.033% | $1.4M | $341K | 25x | as long as short |
| Binance ZRXUSDT | +0.0100% | 4h | 0.1198 | 0.000% | $1.8M | $1.2M | 50x | as long as short |
| OKX ZRX-USDT-SWAPshort | +0.0100% | 4h | 0.1197 | −0.067% | $532K | $262K | 20x | |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1197 | −0.050% | $146K | $41K | 75x | as long as short |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1197 | −0.083% | $909K | $157K | 50x | as long as short |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1198 | 0.000% | $582K | $122K | 50x | as long as short |
| BingX ZRX-USDTlong | +0.0100% | 4h | 0.1198 | long leg | — | $2.3M | — | |
| Variational Omni ZRX | +0.0100% | 8h | 0.1196 | −0.126% | $23K | $41K | — | as long as short |
| BloFin ZRX-USDT | +0.0124% | 4h | 0.1196 | −0.167% | $95K | $19K | 50x | as long as short |
KuCoin ZRXUSDTM
Bybit ZRXUSDT
Binance ZRXUSDT
Gate ZRX_USDT
MEXC ZRX_USDT
Bitget ZRXUSDT
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 | +0.1198% | 1h | 0.1201 | +0.269% | $39K | $4K | 10x | as long as short |
Kraken Futures PF_ZRXUSD