Funding you earn now, next payment 00:00 UTC−0.0043%/8h= −4.7% APRpaid last 24h +0.001%
Price spread now: Gate against BloFin+0.369%108s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Gate is 0.369% dearer against BloFin than usual: you sell high and buy low (spread +0.369% now, against zero (this spread has no 7-day history yet)): +$37 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 29 days. The two prices were read 108 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ZRX-USDT | 0.1192 | 0.0143 | pay 0.0071% / 4h | 1h 43m | $95K | $19K | 50x |
| Short | Gate ZRX_USDT | 0.1196 | 0.0100 | get 0.0100% / 8h | 1h 43m | $147K | $40K | 75x |
BloFin ZRX-USDT
Gate ZRX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BloFin. 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
- −$9.02
- Price spread: +0.369% → 0.000%
- $36.91
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $0.89
- Costs to cover
- 0.270%
- Break-even
- from the start
Slippage unknown: BloFin: no order-book sample; Gate: live order book, 32 min ago. Net counts fees only.
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 BloFin no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 32 min ago | 6.70 bp | 261.0 bp −$261 | doesn't fit | doesn't fit | doesn't fit |
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZRXUSDT | −0.0151% | 8h | 0.1197 | +0.411% | $1.4M | $333K | 25x | as long as short |
| KuCoin ZRXUSDTM | −0.0056% | 4h | 0.1195 | +0.252% | $331K | $57K | 30x | as long as short |
| Kraken Futures PF_ZRXUSD | +0.0034% | 1h | 0.1202 | +0.820% | $40K | $2K | 10x | as long as short |
| Binance ZRXUSDT | +0.0100% | 4h | 0.1197 | +0.378% | $1.8M | $1.2M | 50x | as long as short |
| OKX ZRX-USDT-SWAP | +0.0100% | 4h | 0.1196 | +0.310% | $533K | $241K | 20x | as long as short |
| Gate ZRX_USDTshort | +0.0100% | 8h | 0.1196 | +0.369% | $147K | $40K | 75x | |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1197 | +0.419% | $913K | $164K | 50x | as long as short |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1196 | +0.336% | $582K | $128K | 50x | as long as short |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1197 | +0.419% | — | $2.3M | — | as long as short |
| Variational Omni ZRX | +0.0100% | 8h | 0.1192 | +0.020% | $29K | $35K | — | as long as short |
Bybit ZRXUSDT
KuCoin ZRXUSDTM
Kraken Futures PF_ZRXUSD
Binance ZRXUSDT
OKX ZRX-USDT-SWAP
MEXC ZRX_USDT
Bitget ZRXUSDT
BingX ZRX-USDT
Variational Omni ZRXShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ZRX-USDTlong | +0.0143% | 4h | 0.1192 | long leg | $95K | $19K | 50x |