Funding you earn now, next payment 08:00 UTC−0.0017%/8h= −1.9% APRnext payment −$0.09 per $10,000 · paid last 24h +0.001%
Price spread now: OKX against BloFin−0.076%73s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.022%−$2 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and OKX is 0.076% cheaper against BloFin than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 73 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 | 0.1188 | 0.0117 | pay 0.0059% / 4h | 39m 55s | $92K | $23K | 50x |
| Short | OKX ZRX-USDT-SWAP | 0.1187 | 0.0100 | get 0.0050% / 4h | 39m 55s | $521K | $362K | 20x |
BloFin ZRX-USDT
OKX ZRX-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$3.66
- Price spread: −0.076% → 0.000%
- −$7.58
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$33.24
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; OKX: live order book, 61 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 OKX live order book, 61 min ago | 10.95 bp | 38.2 bp −$38 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ZRXUSDT | +0.0100% | 4h | 0.1188 | 0.000% | $1.7M | $1.4M | 50x | as long as short |
| Bybit ZRXUSDT | +0.0100% | 8h | 0.1188 | 0.000% | $1.4M | $339K | 25x | as long as short |
| OKX ZRX-USDT-SWAPshort | +0.0100% | 4h | 0.1187 | −0.076% | $521K | $362K | 20x | |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1187 | −0.101% | $142K | $37K | 75x | as long as short |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1187 | −0.084% | $891K | $167K | 50x | as long as short |
| KuCoin ZRXUSDTM | +0.0100% | 4h | 0.1189 | +0.084% | $298K | $58K | 30x | as long as short |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1189 | +0.084% | $593K | $138K | 50x | as long as short |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1188 | 0.000% | — | $2.3M | — | as long as short |
| Variational Omni ZRX | +0.0100% | 8h | 0.1189 | +0.090% | $23K | $13K | — | as long as short |
| BloFin ZRX-USDTlong | +0.0117% | 4h | 0.1188 | long leg | $92K | $23K | 50x |
Binance ZRXUSDT
Bybit ZRXUSDT
Gate ZRX_USDT
MEXC ZRX_USDT
KuCoin ZRXUSDTM
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZRXUSD | +0.0626% | 1h | 0.1190 | +0.145% | $38K | $5K | 10x | as long as short |
Kraken Futures PF_ZRXUSD