Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against BingX+0.175%7-day average −0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$147as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1411.409% of the position
Funding, last 7 days−0.065%−$6 on $10k
+Price spread, last 4 days (all we have)−0.103%−$10 · spread now +0.175%, 7d avg −0.036%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.211% dearer against BingX than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of −0.036%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZRX-USDT | 0.1197 | 0.0100 | pay 0.0050% / 4h | 3h 26m | — | $2.3M | — |
| Short | OKX ZRX-USDT-SWAP | 0.1199 | 0.0100 | get 0.0050% / 4h | 3h 26m | $533K | $268K | 20x |
BingX ZRX-USDT
OKX ZRX-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.175% → −0.036%
- $21.1
- Slippage, 4 orders
- −$120.92
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$119.82
- Costs to cover
- 1.409%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; OKX: live order book, 44 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 | 12.54 bp | 32.2 bp −$32 | 83.8 bp −$838 | 600.6 bp −$60.1K | 1008.7 bp −$504.4K |
| Sell OKX live order book, 44 min ago | 1.68 bp | 32.7 bp −$33 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZRXUSDTM | +0.0028% | 4h | 0.1195 | −0.167% | $327K | $59K | 30x | as long as short |
| Binance ZRXUSDT | +0.0100% | 4h | 0.1198 | +0.109% | $1.8M | $1.2M | 50x | as long as short |
| Bybit ZRXUSDT | +0.0100% | 8h | 0.1197 | +0.017% | $1.4M | $335K | 25x | as long as short |
| OKX ZRX-USDT-SWAPshort | +0.0100% | 4h | 0.1199 | +0.175% | $533K | $268K | 20x | |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1197 | 0.000% | $146K | $41K | 75x | as long as short |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1197 | 0.000% | $897K | $159K | 50x | as long as short |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1197 | 0.000% | $581K | $112K | 50x | as long as short |
| BingX ZRX-USDTlong | +0.0100% | 4h | 0.1197 | long leg | — | $2.3M | — | |
| Variational Omni ZRX | +0.0100% | 8h | 0.1196 | −0.057% | $23K | $41K | — | as long as short |
| BloFin ZRX-USDT | +0.0128% | 4h | 0.1196 | −0.084% | $94K | $19K | 50x | as long as short |
KuCoin ZRXUSDTM
Binance ZRXUSDT
Bybit ZRXUSDT
Gate ZRX_USDT
MEXC ZRX_USDT
Bitget ZRXUSDT
Variational Omni ZRX
BloFin ZRX-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZRXUSD | +0.0632% | 1h | 0.1201 | +0.344% | $39K | $4K | 10x | as long as short |
Kraken Futures PF_ZRXUSD