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% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against MEXC−0.101%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1041.038% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.029%−$3 on $10k
Price spread, last 4 days (all we have)+0.255%+$25 · spread now −0.101%, 7d avg −0.023%
Together, before fees+0.226%+$23 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.078% cheaper against MEXC than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.023%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ZRX_USDT0.11880.0100pay 0.0050% / 4h2h 12m$891K$166K50x
ShortOKX ZRX-USDT-SWAP0.11870.0100get 0.0050% / 4h2h 12m$522K$360K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against MEXC. 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: −0.101% → −0.023%
−$7.76
Slippage, 4 orders
−$89.84
Fee MEXC: 2 bp × 2 orders
−$4
Fee OKX: 5 bp × 2 orders
−$10
Net
−$111.6
Costs to cover
1.038%
Break-even
never at this rate
Slippage from MEXC: live order book, 28 min ago; OKX: live order book, 33 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 MEXC live order book, 28 min ago8.43 bp10.4 bp −$1054.0 bp −$540222.6 bp −$22.3Kdoesn't fit
Sell OKX live order book, 33 min ago6.30 bp43.9 bp −$44doesn't fitdoesn'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+0.0078%4h0.1187−0.084%$91K$23K50xas long as short
Binance ZRXUSDT+0.0100%4h0.11880.000%$1.7M$1.4M50xas long as short
Bybit ZRXUSDT+0.0100%8h0.1188−0.008%$1.4M$339K25xas long as short
OKX ZRX-USDT-SWAPshort+0.0100%4h0.1187−0.101%$522K$360K20x
Gate ZRX_USDT+0.0100%8h0.1185−0.227%$142K$40K75xas long as short
MEXC ZRX_USDTlong+0.0100%4h0.1188long leg$891K$166K50x
KuCoin ZRXUSDTM+0.0100%4h0.1187−0.084%$298K$58K30xas long as short
Bitget ZRXUSDT+0.0100%4h0.1187−0.084%$597K$137K50xas long as short
BingX ZRX-USDT+0.0100%4h0.11880.000%$2.3Mas long as short
Variational Omni ZRX+0.0100%8h0.1184−0.315%$22K$13Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZRXUSD+0.0988%1h0.1190+0.150%$38K$5K10xas long as short