Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against OKX+0.067%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$130as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1381.379% of the position
Funding, last 7 days+0.075%+$8 on $10k
+Price spread, last 4 days (all we have)−0.232%−$23 · spread now +0.067%, 7d avg +0.037%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.030% dearer against OKX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.037%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ZRX-USDT-SWAP | 0.1197 | 0.0100 | pay 0.0050% / 4h | 54m 19s | $533K | $262K | 20x |
| Short | BingX ZRX-USDT | 0.1198 | 0.0100 | get 0.0050% / 4h | 54m 19s | — | $2.3M | — |
OKX ZRX-USDT-SWAP
BingX ZRX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against OKX. 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: +0.067% → +0.037%
- $3
- Slippage, 4 orders
- −$117.89
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$134.89
- Costs to cover
- 1.379%
- Break-even
- never at this rate
Slippage from OKX: live order book, 21 min ago; BingX: live order book, 4 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 OKX live order book, 21 min ago | 5.03 bp | 38.9 bp −$39 | 5439.7 bp −$54.4K | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 12.53 bp | 35.8 bp −$36 | 78.1 bp −$781 | 386.1 bp −$38.6K | 889.0 bp −$444.5K |
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 | −0.0252% | 4h | 0.1196 | −0.100% | $328K | $59K | 30x | as long as short |
| Bybit ZRXUSDT | −0.0031% | 8h | 0.1198 | +0.100% | $1.4M | $341K | 25x | as long as short |
| Binance ZRXUSDT | +0.0100% | 4h | 0.1197 | +0.025% | $1.8M | $1.2M | 50x | as long as short |
| OKX ZRX-USDT-SWAPlong | +0.0100% | 4h | 0.1197 | long leg | $533K | $262K | 20x | |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1197 | +0.017% | $146K | $41K | 75x | as long as short |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1197 | −0.017% | $909K | $157K | 50x | as long as short |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1198 | +0.067% | $582K | $122K | 50x | as long as short |
| BingX ZRX-USDTshort | +0.0100% | 4h | 0.1198 | +0.067% | — | $2.3M | — | |
| Variational Omni ZRX | +0.0100% | 8h | 0.1196 | −0.059% | $23K | $41K | — | as long as short |
| BloFin ZRX-USDT | +0.0124% | 4h | 0.1196 | −0.100% | $95K | $19K | 50x | as long as short |
KuCoin ZRXUSDTM
Bybit ZRXUSDT
Binance ZRXUSDT
Gate ZRX_USDT
MEXC ZRX_USDT
Bitget ZRXUSDT
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 | +0.1198% | 1h | 0.1201 | +0.336% | $39K | $4K | 10x | as long as short |
Kraken Futures PF_ZRXUSD