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: Binance against Gate+0.067%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$393as in the Funding arb table
Net, price: spread back to 7d avg − costs−$394as in the Price arb table
costs, in and out, $10k−$3963.955% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.020%+$2 on $10k
Price spread, last 4 days (all we have)+0.007%+$1 · spread now +0.067%, 7d avg +0.056%
Together, before fees+0.027%+$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ZRX_USDT0.11870.0100pay 0.0100% / 8h59m 03s$142K$37K75x
ShortBinance ZRXUSDT0.11880.0100get 0.0050% / 4h59m 03s$1.7M$1.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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: +0.067% → +0.056%
$1.14
Slippage, 4 orders
−$370.52
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
−$394.38
Costs to cover
3.955%
Break-even
never at this rate
Slippage from Gate: live order book, 36 min ago; Binance: live order book, 4 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 Gate live order book, 36 min ago10.56 bp98.8 bp −$99doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 4 min ago4.21 bp27.9 bp −$2885.2 bp −$852doesn'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
BloFin ZRX-USDT+0.0099%4h0.1188+0.067%$92K$23K50xas long as short
Binance ZRXUSDTshort+0.0100%4h0.1188+0.067%$1.7M$1.4M50x
Bybit ZRXUSDT+0.0100%8h0.1188+0.059%$1.4M$338K25xas long as short
OKX ZRX-USDT-SWAP+0.0100%4h0.1187−0.059%$520K$362K20xas long as short
Gate ZRX_USDTlong+0.0100%8h0.1187long leg$142K$37K75x
MEXC ZRX_USDT+0.0100%4h0.1187−0.017%$891K$162K50xas long as short
KuCoin ZRXUSDTM+0.0100%4h0.1189+0.152%$298K$58K30xas long as short
Bitget ZRXUSDT+0.0100%4h0.1189+0.152%$597K$138K50xas long as short
BingX ZRX-USDT+0.0100%4h0.1189+0.152%$2.3Mas long as short
Variational Omni ZRX+0.0100%8h0.1188+0.033%$23K$13Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZRXUSD+0.0625%1h0.1190+0.217%$38K$5K10xas long as short