Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against OKX−0.259%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$354as in the Funding arb table
Net, price: spread back to 7d avg − costs−$380as in the Price arb table
costs, in and out, $10k−$3543.537% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.121%+$12 · spread now −0.259%, 7d avg +0.001%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.260% cheaper against OKX than usual: you would sell low and buy high, −$26 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 | OKX ZRX-USDT-SWAP | 0.1196 | 0.0100 | pay 0.0050% / 4h | 2h 35m | $532K | $240K | 20x |
| Short | Gate ZRX_USDT | 0.1193 | 0.0100 | get 0.0100% / 8h | 2h 35m | $146K | $40K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.259% → +0.001%
- −$26.01
- Slippage, 4 orders
- −$328.73
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$379.74
- Costs to cover
- 3.537%
- Break-even
- never at this rate
Slippage from OKX: live order book, 50 min ago; Gate: live order book, 47 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, 50 min ago | 5.04 bp | 47.9 bp −$48 | 6247.9 bp −$62.5K | doesn't fit | doesn't fit |
| Sell Gate live order book, 47 min ago | 7.15 bp | 171.7 bp −$172 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZRXUSDT | −0.0032% | 8h | 0.1195 | −0.134% | $1.4M | $373K | 25x | as long as short |
| Binance ZRXUSDT | +0.0100% | 4h | 0.1196 | −0.050% | $1.8M | $1.2M | 50x | as long as short |
| OKX ZRX-USDT-SWAPlong | +0.0100% | 4h | 0.1196 | long leg | $532K | $240K | 20x | |
| Gate ZRX_USDTshort | +0.0100% | 8h | 0.1193 | −0.259% | $146K | $40K | 75x | |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1195 | −0.092% | $887K | $162K | 50x | as long as short |
| KuCoin ZRXUSDTM | +0.0100% | 4h | 0.1194 | −0.176% | $331K | $57K | 30x | as long as short |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1195 | −0.092% | $580K | $186K | 50x | as long as short |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1195 | −0.092% | — | $2.3M | — | as long as short |
| Variational Omni ZRX | +0.0100% | 8h | 0.1190 | −0.530% | $29K | $35K | — | as long as short |
| BloFin ZRX-USDT | +0.0102% | 4h | 0.1193 | −0.259% | $95K | $19K | 50x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZRXUSD | +0.0362% | 1h | 0.1198 | +0.148% | $40K | $3K | 10x | as long as short |
OKX ZRX-USDT-SWAP
Gate ZRX_USDT
Bybit ZRXUSDT
Binance ZRXUSDT
MEXC ZRX_USDT
KuCoin ZRXUSDTM
Bitget ZRXUSDT
BingX ZRX-USDT
Variational Omni ZRX
BloFin ZRX-USDT
Kraken Futures PF_ZRXUSD