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

ZRX

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0244%/8h= −26.7% APRpaid last 24h −0.027%
Price spread now: KuCoin against Variational Omni−0.121%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno 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 −$7 a day on $10k at the current rate, and KuCoin is 0.121% cheaper against Variational Omni than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ZRX0.11930.0100pay 0.0100% / 8h0m 58s$23K$41K
ShortKuCoin ZRXUSDTM0.1192−0.0144pay 0.0072% / 4h0m 58s$327K$60K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$51.24
Price spread: −0.121% → 0.000%
−$12.06
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$75.3
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; KuCoin: live order book, 60 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni no order-book sample
Sell KuCoin live order book, 60 min ago16.75 bp298.8 bp −$299doesn't fitdoesn't fitdoesn't fit
Variational Omni: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ZRXUSDTMshort−0.0144%4h0.1192−0.121%$327K$60K30x
Bybit ZRXUSDT+0.0045%8h0.1194+0.039%$1.4M$339K25xas long as short
BloFin ZRX-USDT+0.0092%4h0.1194+0.047%$94K$19K50xas long as short
Binance ZRXUSDT+0.0100%4h0.1194+0.025%$1.8M$1.2M50xas long as short
OKX ZRX-USDT-SWAP+0.0100%4h0.1192−0.087%$530K$266K20xas long as short
Gate ZRX_USDT+0.0100%8h0.1192−0.112%$145K$41K75xas long as short
MEXC ZRX_USDT+0.0100%4h0.1193−0.037%$894K$162K50xas long as short
Bitget ZRXUSDT+0.0100%4h0.1193−0.037%$579K$118K50xas long as short
BingX ZRX-USDT+0.0100%4h0.1193−0.037%$2.3Mas long as short
Variational Omni ZRXlong+0.0100%8h0.1193long leg$23K$41K
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZRXUSD+0.1203%1h0.1196+0.209%$39K$4K10xas long as short