Funding you earn now, next payment 12:00 UTC−0.0022%/8h= −2.4% APRnext payment −$0.11 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against OKX−0.060%83s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.040%+$4 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.060% cheaper against OKX than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 83 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ZRX-USDT-SWAP | 0.1164 | 0.0100 | pay 0.0050% / 4h | 51m 53s | $512K | $347K | 20x |
| Short | BloFin ZRX-USDT | 0.1163 | 0.0078 | get 0.0039% / 4h | 51m 53s | $90K | $23K | 50x |
OKX ZRX-USDT-SWAP
BloFin ZRX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$4.58
- Price spread: −0.060% → 0.000%
- −$6.02
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$32.6
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 52 min ago; BloFin: no order-book sample. Net counts fees only.
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, 52 min ago | 3.82 bp | 43.5 bp −$44 | 5334.6 bp −$53.3K | doesn't fit | doesn't fit |
| Sell BloFin no order-book sample | — | — | — | — | — |
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ZRX on 11 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ZRX_USDT | −0.0174% | 8h | 0.1163 | −0.086% | $138K | $35K | 75x | as long as short |
| Bybit ZRXUSDT | +0.0018% | 8h | 0.1165 | +0.120% | $1.4M | $342K | 25x | as long as short |
| BloFin ZRX-USDTshort | +0.0078% | 4h | 0.1163 | −0.060% | $90K | $23K | 50x | |
| Binance ZRXUSDT | +0.0100% | 4h | 0.1163 | −0.053% | $1.7M | $1.4M | 50x | as long as short |
| OKX ZRX-USDT-SWAPlong | +0.0100% | 4h | 0.1164 | long leg | $512K | $347K | 20x | |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1163 | −0.060% | $861K | $127K | 50x | as long as short |
| KuCoin ZRXUSDTM | +0.0100% | 4h | 0.1164 | +0.026% | $283K | $59K | 30x | as long as short |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1165 | +0.112% | $572K | $136K | 50x | as long as short |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1165 | +0.112% | — | $2.3M | — | as long as short |
| Variational Omni ZRX | +0.0100% | 8h | 0.1164 | +0.064% | $22K | $13K | — | as long as short |
Gate ZRX_USDT
Bybit ZRXUSDT
Binance ZRXUSDT
MEXC ZRX_USDT
KuCoin ZRXUSDTM
Bitget ZRXUSDT
BingX ZRX-USDT
Variational Omni ZRXShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZRXUSD | +0.0875% | 1h | 0.1165 | +0.154% | $37K | $6K | 10x | as long as short |
Kraken Futures PF_ZRXUSD