Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bitget+0.025%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1281.279% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.100%+$10 · spread now +0.025%, 7d avg +0.006%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ZRXUSDT | 0.1207 | 0.0100 | pay 0.0050% / 4h | 3h 15m | $583K | $114K | 50x |
| Short | OKX ZRX-USDT-SWAP | 0.1207 | 0.0100 | get 0.0050% / 4h | 3h 15m | $535K | $273K | 20x |
Bitget ZRXUSDT
OKX ZRX-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Bitget. 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: +0.025% → +0.006%
- $1.91
- Slippage, 4 orders
- −$105.88
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$125.97
- Costs to cover
- 1.279%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 54 min ago; OKX: live order book, 55 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 Bitget live order book, 54 min ago | 8.40 bp | 27.7 bp −$28 | 145.1 bp −$1,451 | doesn't fit | doesn't fit |
| Sell OKX live order book, 55 min ago | 1.68 bp | 32.7 bp −$33 | 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 | +0.0040% | 4h | 0.1205 | −0.166% | $330K | $57K | 30x | as long as short |
| BloFin ZRX-USDT | +0.0060% | 4h | 0.1200 | −0.580% | $94K | $19K | 50x | as long as short |
| Binance ZRXUSDT | +0.0100% | 4h | 0.1208 | +0.046% | $1.8M | $1.2M | 50x | as long as short |
| Bybit ZRXUSDT | +0.0100% | 8h | 0.1208 | +0.075% | $1.5M | $358K | 25x | as long as short |
| OKX ZRX-USDT-SWAPshort | +0.0100% | 4h | 0.1207 | +0.025% | $535K | $273K | 20x | |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1208 | +0.075% | $145K | $43K | 75x | as long as short |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1207 | 0.000% | $905K | $159K | 50x | as long as short |
| Bitget ZRXUSDTlong | +0.0100% | 4h | 0.1207 | long leg | $583K | $114K | 50x | |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1206 | −0.083% | — | $2.3M | — | as long as short |
| Variational Omni ZRX | +0.0100% | 8h | 0.1207 | −0.003% | $23K | $41K | — | as long as short |
KuCoin ZRXUSDTM
BloFin ZRX-USDT
Binance ZRXUSDT
Bybit ZRXUSDT
Gate ZRX_USDT
MEXC ZRX_USDT
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 | +0.0627% | 1h | 0.1211 | +0.297% | $39K | $4K | 10x | as long as short |
Kraken Futures PF_ZRXUSD