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

ZRX

all ZRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0034%/8h= −3.8% APRnext payment $0.17 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against Binance+0.009%7-day average · you sell dearer than you buy
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 7 days−0.008%−$1 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ZRXUSDT0.11950.0100pay 0.0050% / 4h2h 49m$1.8M$1.4M50x
ShortBloFin ZRX-USDT0.11950.0066get 0.0033% / 4h2h 49m$93K$23K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$7.2
Price spread: +0.009% → 0.000%
$0.87
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$28.33
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 15 min ago; 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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 15 min ago4.21 bp30.2 bp −$30203.1 bp −$2,031doesn't fitdoesn't fit
Sell BloFin no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin ZRX-USDTshort+0.0066%4h0.1195+0.009%$93K$23K50x
Binance ZRXUSDTlong+0.0100%4h0.1195long leg$1.8M$1.4M50x
Bybit ZRXUSDT+0.0100%8h0.1195+0.009%$1.4M$331K25xas long as short
OKX ZRX-USDT-SWAP+0.0100%4h0.1193−0.117%$523K$349K20xas long as short
Gate ZRX_USDT+0.0100%8h0.1193−0.175%$144K$39K75xas long as short
MEXC ZRX_USDT+0.0100%4h0.1194−0.075%$895K$164K50xas long as short
KuCoin ZRXUSDTM+0.0100%4h0.1195+0.009%$302K$55K30xas long as short
Bitget ZRXUSDT+0.0100%4h0.1193−0.159%$594K$130K50xas long as short
BingX ZRX-USDT+0.0100%4h0.1194−0.075%$2.3Mas long as short
Variational Omni ZRX+0.0100%8h0.1193−0.134%$23K$13Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZRXUSD+0.0983%1h0.1196+0.103%$38K$5K10xas long as short