Funding you earn now, next payment 04:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.002%
Price spread now: BloFin against Variational Omni−0.577%116s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.577% cheaper against Variational Omni than usual: you would sell low and buy high (−$58 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 116 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 | Variational Omni ZRX | 0.1207 | 0.0100 | pay 0.0100% / 8h | 7h 15m | $23K | $41K | — |
| Short | BloFin ZRX-USDT | 0.1200 | 0.0060 | get 0.0030% / 4h | 3h 15m | $94K | $19K | 50x |
Variational Omni ZRX
BloFin ZRX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Variational Omni. 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
- −$8.39
- Price spread: −0.577% → 0.000%
- −$57.69
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$78.08
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: no order-book sample; 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 Variational Omni no order-book sample | — | — | — | — | — |
| Sell BloFin no order-book sample | — | — | — | — | — |
Variational Omni and 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 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 | +0.0040% | 4h | 0.1205 | −0.163% | $330K | $57K | 30x | as long as short |
| BloFin ZRX-USDTshort | +0.0060% | 4h | 0.1200 | −0.577% | $94K | $19K | 50x | |
| Binance ZRXUSDT | +0.0100% | 4h | 0.1208 | +0.059% | $1.8M | $1.2M | 50x | as long as short |
| Bybit ZRXUSDT | +0.0100% | 8h | 0.1208 | +0.086% | $1.5M | $358K | 25x | as long as short |
| OKX ZRX-USDT-SWAP | +0.0100% | 4h | 0.1207 | +0.028% | $535K | $273K | 20x | as long as short |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1208 | +0.078% | $145K | $43K | 75x | as long as short |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1207 | +0.003% | $905K | $159K | 50x | as long as short |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1208 | +0.086% | $582K | $114K | 50x | as long as short |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1207 | +0.003% | — | $2.3M | — | as long as short |
| Variational Omni ZRXlong | +0.0100% | 8h | 0.1207 | long leg | $23K | $41K | — |
KuCoin ZRXUSDTM
Binance ZRXUSDT
Bybit ZRXUSDT
OKX ZRX-USDT-SWAP
Gate ZRX_USDT
MEXC ZRX_USDT
Bitget ZRXUSDT
BingX ZRX-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZRXUSD | +0.0626% | 1h | 0.1213 | +0.484% | $39K | $4K | 10x | as long as short |
Kraken Futures PF_ZRXUSD