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

ZRX

all ZRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0059%/8h= +6.5% APRnext payment +$0.30 per $10,000 · paid last 24h +0.002%
Price spread now: MEXC against BloFin−0.084%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.010%+$1 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. MEXC is 0.084% cheaper against BloFin than usual: you would sell low and buy high (spread −0.084% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 4.7 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.010% in total) that is about 57 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ZRX-USDT0.11970.0041pay 0.0020% / 4h3h 37m$94K$19K50x
ShortMEXC ZRX_USDT0.11960.0100get 0.0050% / 4h3h 37m$896K$158K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against BloFin. 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
$12.44
Price spread: −0.084% → 0.000%
−$8.35
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$11.92
Costs to cover
0.160%
Break-even
13.7 days
Slippage unknown: BloFin: no order-book sample; MEXC: live order book, 29 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin no order-book sample
Sell MEXC live order book, 29 min ago8.39 bp12.3 bp −$1256.9 bp −$569197.2 bp −$19.7Kdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ZRXUSDTM−0.0026%4h0.1195−0.167%$327K$59K30xas long as short
BloFin ZRX-USDTlong+0.0041%4h0.1197long leg$94K$19K50x
Binance ZRXUSDT+0.0100%4h0.1196−0.084%$1.8M$1.2M50xas long as short
Bybit ZRXUSDT+0.0100%8h0.1195−0.134%$1.4M$337K25xas long as short
OKX ZRX-USDT-SWAP+0.0100%4h0.1196−0.058%$532K$268K20xas long as short
Gate ZRX_USDT+0.0100%8h0.1196−0.067%$146K$41K75xas long as short
MEXC ZRX_USDTshort+0.0100%4h0.1196−0.084%$896K$158K50x
Bitget ZRXUSDT+0.0100%4h0.1195−0.167%$580K$118K50xas long as short
BingX ZRX-USDT+0.0100%4h0.11970.000%$2.3Mas long as short
Variational Omni ZRX+0.0100%8h0.1199+0.147%$23K$41Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZRXUSD+0.0633%1h0.1199+0.166%$39K$4K10xas long as short