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

ZRX

all ZRX markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.1052%/8h= +115.2% APRpaid last 24h +0.142%
Price spread now: Kraken Futures against BloFin−0.045%7-day average · you buy dearer than you sell
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Kraken Futures is 0.045% cheaper against BloFin than usual: you would sell low and buy high (spread −0.045% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 3 hours of funding at the current rate (+$32 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ZRX-USDT0.12100.0127pay 0.0063% / 4h3h 44m$95K$23K50x
ShortKraken Futures PF_ZRXUSD0.12090.1179get 0.0147% / 1h44m 29s$38K$5K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against BloFin. 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
$220.91
Price spread: −0.045% → 0.000%
−$4.48
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$194.43
Costs to cover
0.220%
Break-even
0.8 days
Slippage unknown: BloFin: no order-book sample; Kraken Futures: 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 BloFin no order-book sample
Sell Kraken Futures no order-book sample
BloFin and Kraken Futures: 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
KuCoin ZRXUSDTM+0.0058%4h0.1193−1.405%$319K$54K30xas long as short
Binance ZRXUSDT+0.0100%4h0.1197−1.052%$1.8M$1.4M50xas long as short
Bybit ZRXUSDT+0.0100%8h0.1197−1.050%$1.4M$336K25xas long as short
OKX ZRX-USDT-SWAP+0.0100%4h0.1197−1.091%$526K$353K20xas long as short
Gate ZRX_USDT+0.0100%8h0.1194−1.306%$145K$39K75xas long as short
MEXC ZRX_USDT+0.0100%4h0.1197−1.074%$905K$166K50xas long as short
Bitget ZRXUSDT+0.0100%4h0.1194−1.322%$598K$138K50xas long as short
BingX ZRX-USDT+0.0100%4h0.1198−0.992%$2.3Mas long as short
Variational Omni ZRX+0.0100%8h0.1202−0.645%$23K$15Kas long as short
BloFin ZRX-USDTlong+0.0127%4h0.1210long leg$95K$23K50x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZRXUSDshort+0.1179%1h0.1209−0.045%$38K$5K10x