Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against BingX−0.126%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$486as in the Funding arb table
Net, price: spread back to 7d avg − costs−$488as in the Price arb table
costs, in and out, $10k−$4814.806% of the position
Funding, last 7 days−0.051%−$5 on $10k
+Price spread, last 4 days (all we have)+0.163%+$16 · spread now −0.126%, 7d avg −0.048%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.078% cheaper against BingX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.048%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZRX-USDT | 0.1188 | 0.0100 | pay 0.0050% / 4h | 2h 11m | — | $2.3M | — |
| Short | Gate ZRX_USDT | 0.1187 | 0.0100 | get 0.0100% / 8h | 2h 11m | $142K | $40K | 75x |
BingX ZRX-USDT
Gate ZRX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BingX. 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
- $0
- Price spread: −0.126% → −0.048%
- −$7.78
- Slippage, 4 orders
- −$455.59
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$488.37
- Costs to cover
- 4.806%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; Gate: live order book, 29 min ago.
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 BingX live order book, 7 min ago | 12.64 bp | 33.3 bp −$33 | 91.8 bp −$918 | 739.5 bp −$73.9K | 1266.8 bp −$633.4K |
| Sell Gate live order book, 29 min ago | 8.01 bp | 310.4 bp −$310 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ZRX-USDT | +0.0078% | 4h | 0.1187 | −0.084% | $91K | $23K | 50x | as long as short |
| Binance ZRXUSDT | +0.0100% | 4h | 0.1189 | +0.107% | $1.7M | $1.4M | 50x | as long as short |
| Bybit ZRXUSDT | +0.0100% | 8h | 0.1188 | +0.017% | $1.4M | $339K | 25x | as long as short |
| OKX ZRX-USDT-SWAP | +0.0100% | 4h | 0.1188 | +0.025% | $523K | $361K | 20x | as long as short |
| Gate ZRX_USDTshort | +0.0100% | 8h | 0.1187 | −0.126% | $142K | $40K | 75x | |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1189 | +0.084% | $892K | $166K | 50x | as long as short |
| KuCoin ZRXUSDTM | +0.0100% | 4h | 0.1188 | 0.000% | $298K | $58K | 30x | as long as short |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1189 | +0.084% | $598K | $137K | 50x | as long as short |
| BingX ZRX-USDTlong | +0.0100% | 4h | 0.1188 | long leg | — | $2.3M | — | |
| Variational Omni ZRX | +0.0100% | 8h | 0.1184 | −0.315% | $22K | $13K | — | as long as short |
BloFin ZRX-USDT
Binance ZRXUSDT
Bybit ZRXUSDT
OKX ZRX-USDT-SWAP
MEXC ZRX_USDT
KuCoin ZRXUSDTM
Bitget ZRXUSDT
Variational Omni ZRXShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZRXUSD | +0.0988% | 1h | 0.1190 | +0.186% | $38K | $5K | 10x | as long as short |
Kraken Futures PF_ZRXUSD