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% APRpaid last 24h 0.000%
Price spread now: Gate against Bitget+0.017%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$487as in the Funding arb table
Net, price: spread back to 7d avg − costs−$486as in the Price arb table
costs, in and out, $10k−$4884.884% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.010%+$1 on $10k
Price spread, last 4 days (all we have)+0.042%+$4 · spread now +0.017%, 7d avg −0.003%
Together, before fees+0.052%+$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ZRXUSDT0.11850.0100pay 0.0050% / 4h2h 32m$594K$135K50x
ShortGate ZRX_USDT0.11850.0100get 0.0100% / 8h2h 32m$142K$40K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bitget. 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: +0.017% → −0.003%
$1.98
Slippage, 4 orders
−$461.37
Fee Bitget: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$486.39
Costs to cover
4.884%
Break-even
never at this rate
Slippage from Bitget: live order book, 13 min ago; Gate: live order book, 8 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 Bitget live order book, 13 min ago8.40 bp39.1 bp −$39168.0 bp −$1,680doesn't fitdoesn't fit
Sell Gate live order book, 8 min ago8.01 bp310.4 bp −$310doesn't fitdoesn't fitdoesn'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%4h0.1186+0.050%$1.7M$1.4M50xas long as short
Bybit ZRXUSDT+0.0100%8h0.1184−0.084%$1.4M$335K25xas long as short
OKX ZRX-USDT-SWAP+0.0100%4h0.1184−0.084%$519K$355K20xas long as short
Gate ZRX_USDTshort+0.0100%8h0.1185+0.017%$142K$40K75x
MEXC ZRX_USDT+0.0100%4h0.1186+0.084%$889K$165K50xas long as short
KuCoin ZRXUSDTM+0.0100%4h0.1186+0.084%$299K$57K30xas long as short
Bitget ZRXUSDTlong+0.0100%4h0.1185long leg$594K$135K50x
BingX ZRX-USDT+0.0100%4h0.1186+0.084%$2.3Mas long as short
Variational Omni ZRX+0.0100%8h0.1186+0.107%$23K$13Kas long as short
BloFin ZRX-USDT+0.0128%4h0.11850.000%$93K$23K50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZRXUSD+0.0990%1h0.1188+0.240%$38K$5K10xas long as short