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: BingX against Gate+0.033%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$452as in the Funding arb table
Net, price: spread back to 7d avg − costs−$458as in the Price arb table
costs, in and out, $10k−$4574.567% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.051%+$5 on $10k
Price spread, last 4 days (all we have)−0.095%−$9 · spread now +0.033%, 7d avg +0.047%
Together, before fees−0.044%−$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ZRX_USDT0.11950.0100pay 0.0100% / 8h3h 13m$144K$40K75x
ShortBingX ZRX-USDT0.11950.0100get 0.0050% / 4h3h 13m$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: +0.033% → +0.047%
−$1.38
Slippage, 4 orders
−$431.65
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BingX: 5 bp × 2 orders
−$10
Net
−$458.04
Costs to cover
4.567%
Break-even
never at this rate
Slippage from Gate: live order book, 33 min ago; BingX: live order book, 5 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, 33 min ago7.92 bp120.2 bp −$120doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 5 min ago12.56 bp41.8 bp −$4285.5 bp −$855330.6 bp −$33.1K912.3 bp −$456.2K

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+0.0069%4h0.1193−0.134%$93K$23K50xas long as short
Binance ZRXUSDT+0.0100%4h0.1195+0.033%$1.8M$1.4M50xas long as short
Bybit ZRXUSDT+0.0100%8h0.1194−0.017%$1.4M$335K25xas long as short
OKX ZRX-USDT-SWAP+0.0100%4h0.1194−0.050%$525K$343K20xas long as short
Gate ZRX_USDTlong+0.0100%8h0.1195long leg$144K$40K75x
MEXC ZRX_USDT+0.0100%4h0.1195+0.033%$896K$169K50xas long as short
KuCoin ZRXUSDTM+0.0100%4h0.1196+0.117%$303K$54K30xas long as short
Bitget ZRXUSDT+0.0100%4h0.1194−0.050%$596K$130K50xas long as short
BingX ZRX-USDTshort+0.0100%4h0.1195+0.033%$2.3M
Variational Omni ZRX+0.0100%8h0.1195+0.012%$23K$15Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZRXUSD+0.1193%1h0.1195+0.065%$38K$5K10xas long as short