Funding you earn now, next payment 04:00 UTC−0.0013%/8h= −1.5% APRpaid last 24h +0.002%
Price spread now: Gate against BloFin−0.083%528s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Gate is 0.083% cheaper against BloFin than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 528 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ZRX-USDT | 0.1201 | 0.0113 | pay 0.0057% / 4h | 2h 40m | $95K | $19K | 50x |
| Short | Gate ZRX_USDT | 0.1200 | 0.0100 | get 0.0100% / 8h | 6h 40m | $144K | $44K | 75x |
BloFin ZRX-USDT
Gate ZRX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BloFin. 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
- −$2.79
- Price spread: −0.083% → 0.000%
- −$8.33
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$38.12
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; Gate: live order book, 20 min ago. Net counts fees only.
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 BloFin no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 20 min ago | 12.07 bp | 227.6 bp −$228 | doesn't fit | doesn't fit | doesn't fit |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ZRXUSDT | +0.0100% | 4h | 0.1197 | −0.333% | $1.8M | $1.3M | 50x | as long as short |
| Bybit ZRXUSDT | +0.0100% | 8h | 0.1198 | −0.258% | $1.4M | $376K | 25x | as long as short |
| OKX ZRX-USDT-SWAP | +0.0100% | 4h | 0.1198 | −0.275% | $528K | $303K | 20x | as long as short |
| Gate ZRX_USDTshort | +0.0100% | 8h | 0.1200 | −0.083% | $144K | $44K | 75x | |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1198 | −0.250% | $918K | $166K | 50x | as long as short |
| KuCoin ZRXUSDTM | +0.0100% | 4h | 0.1202 | +0.083% | $324K | $48K | 30x | as long as short |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1199 | −0.167% | $576K | $119K | 50x | as long as short |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1199 | −0.167% | — | $2.3M | — | as long as short |
| Variational Omni ZRX | +0.0100% | 8h | 0.1202 | +0.101% | $23K | $41K | — | as long as short |
| BloFin ZRX-USDTlong | +0.0113% | 4h | 0.1201 | long leg | $95K | $19K | 50x |
Binance ZRXUSDT
Bybit ZRXUSDT
OKX ZRX-USDT-SWAP
MEXC ZRX_USDT
KuCoin ZRXUSDTM
Bitget ZRXUSDT
BingX ZRX-USDT
Variational Omni ZRXShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZRXUSD | +0.1944% | 1h | 0.1207 | +0.517% | $39K | $4K | 10x | as long as short |
Kraken Futures PF_ZRXUSD