Settings8H · net · $10k
Funding arb · Price arb /

ZRX

all ZRX markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.123%+$12 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: 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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ZRX-USDT-SWAP0.11960.0100pay 0.0050% / 4h2h 35m$532K$240K20x
ShortGate ZRX_USDT0.11930.0100get 0.0100% / 8h2h 35m$146K$40K75x

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 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: −0.259% → +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
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 50 min ago5.04 bp47.9 bp −$486247.9 bp −$62.5Kdoesn't fitdoesn't fit
Sell Gate live order book, 47 min ago7.15 bp171.7 bp −$172doesn'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
Bybit ZRXUSDT−0.0032%8h0.1195−0.134%$1.4M$373K25xas long as short
Binance ZRXUSDT+0.0100%4h0.1196−0.050%$1.8M$1.2M50xas long as short
OKX ZRX-USDT-SWAPlong+0.0100%4h0.1196long leg$532K$240K20x
Gate ZRX_USDTshort+0.0100%8h0.1193−0.259%$146K$40K75x
MEXC ZRX_USDT+0.0100%4h0.1195−0.092%$887K$162K50xas long as short
KuCoin ZRXUSDTM+0.0100%4h0.1194−0.176%$331K$57K30xas long as short
Bitget ZRXUSDT+0.0100%4h0.1195−0.092%$580K$186K50xas long as short
BingX ZRX-USDT+0.0100%4h0.1195−0.092%$2.3Mas long as short
Variational Omni ZRX+0.0100%8h0.1190−0.530%$29K$35Kas long as short
BloFin ZRX-USDT+0.0102%4h0.1193−0.259%$95K$19K50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZRXUSD+0.0362%1h0.1198+0.148%$40K$3K10xas long as short