Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: OKX against Gate+0.084%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$378as in the Funding arb table
Net, price: spread back to 7d avg − costs−$370as in the Price arb table
costs, in and out, $10k−$3783.783% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.020%+$2 · spread now +0.084%, 7d avg −0.001%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.084% dearer against Gate than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ZRX_USDT | 0.1197 | 0.0100 | pay 0.0100% / 8h | 55m 45s | $146K | $41K | 75x |
| Short | OKX ZRX-USDT-SWAP | 0.1198 | 0.0100 | get 0.0050% / 4h | 55m 45s | $533K | $261K | 20x |
Gate ZRX_USDT
OKX ZRX-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Gate. 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
- $0
- Price spread: +0.084% → −0.001%
- $8.4
- Slippage, 4 orders
- −$353.32
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$369.92
- Costs to cover
- 3.783%
- Break-even
- never at this rate
Slippage from Gate: live order book, 15 min ago; OKX: live order book, 20 min ago.
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 Gate live order book, 15 min ago | 5.45 bp | 133.2 bp −$133 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 20 min ago | 5.03 bp | 30.6 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZRXUSDTM | −0.0256% | 4h | 0.1194 | −0.259% | $328K | $59K | 30x | as long as short |
| Bybit ZRXUSDT | −0.0033% | 8h | 0.1198 | +0.092% | $1.4M | $341K | 25x | as long as short |
| Binance ZRXUSDT | +0.0100% | 4h | 0.1198 | +0.075% | $1.8M | $1.2M | 50x | as long as short |
| OKX ZRX-USDT-SWAPshort | +0.0100% | 4h | 0.1198 | +0.084% | $533K | $261K | 20x | |
| Gate ZRX_USDTlong | +0.0100% | 8h | 0.1197 | long leg | $146K | $41K | 75x | |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1197 | −0.008% | $909K | $157K | 50x | as long as short |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1198 | +0.075% | $582K | $122K | 50x | as long as short |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1198 | +0.075% | — | $2.3M | — | as long as short |
| Variational Omni ZRX | +0.0100% | 8h | 0.1194 | −0.243% | $23K | $41K | — | as long as short |
| BloFin ZRX-USDT | +0.0134% | 4h | 0.1200 | +0.242% | $95K | $19K | 50x | as long as short |
KuCoin ZRXUSDTM
Bybit ZRXUSDT
Binance ZRXUSDT
MEXC ZRX_USDT
Bitget ZRXUSDT
BingX ZRX-USDT
Variational Omni ZRX
BloFin ZRX-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZRXUSD | +0.1199% | 1h | 0.1200 | +0.236% | $39K | $4K | 10x | as long as short |
Kraken Futures PF_ZRXUSD