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

ZRX

all ZRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Binance+0.020%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1311.305% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.030%+$3 on $10k
Price spread, last 7 days−0.004%$0 · spread now +0.020%, 7d avg +0.001%
Together, before fees+0.026%+$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ZRXUSDT0.11950.0100pay 0.0050% / 4h3h 25m$1.8M$1.4M50x
ShortBingX ZRX-USDT0.11950.0100get 0.0050% / 4h3h 25m$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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: +0.020% → +0.001%
$1.85
Slippage, 4 orders
−$110.55
Fee Binance: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$128.7
Costs to cover
1.305%
Break-even
never at this rate
Slippage from Binance: live order book, 8 min ago; BingX: live order book, 8 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 Binance live order book, 8 min ago4.19 bp28.4 bp −$28194.5 bp −$1,945doesn't fitdoesn't fit
Sell BingX live order book, 8 min ago8.39 bp29.4 bp −$2974.8 bp −$748308.7 bp −$30.9K956.3 bp −$478.1K

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
Binance ZRXUSDTlong+0.0100%4h0.1195long leg$1.8M$1.4M50x
Bybit ZRXUSDT+0.0100%8h0.1194−0.039%$1.4M$332K25xas long as short
OKX ZRX-USDT-SWAP+0.0100%4h0.1194−0.047%$525K$344K20xas long as short
Gate ZRX_USDT+0.0100%8h0.1193−0.173%$144K$40K75xas long as short
MEXC ZRX_USDT+0.0100%4h0.1195+0.020%$896K$168K50xas long as short
KuCoin ZRXUSDTM+0.0100%4h0.1194−0.064%$303K$56K30xas long as short
Bitget ZRXUSDT+0.0100%4h0.1195+0.020%$597K$130K50xas long as short
BingX ZRX-USDTshort+0.0100%4h0.1195+0.020%$2.3M
Variational Omni ZRX+0.0100%8h0.1194−0.099%$23K$15Kas long as short
BloFin ZRX-USDT+0.0101%4h0.1195+0.020%$94K$23K50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZRXUSD+0.1191%1h0.1197+0.161%$38K$5K10xas long as short