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

ZRX

all ZRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.033%
Price spread now: MEXC against Bybit−0.066%7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1301.303% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.316%+$32 on $10k
Price spread, last 7 days+0.053%+$5 · spread now −0.066%, 7d avg −0.053%
Together, before fees+0.369%+$37 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ZRXUSDT0.12040.0100pay 0.0100% / 8h7h 01m$1.4M$360K25x
ShortMEXC ZRX_USDT0.12030.0100get 0.0050% / 4h3h 01m$902K$160K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Bybit. 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
$0
Price spread: −0.066% → −0.053%
−$1.33
Slippage, 4 orders
−$115.27
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$131.61
Costs to cover
1.303%
Break-even
never at this rate
Slippage from Bybit: live order book, 4 min ago; MEXC: live order book, 64 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 4 min ago4.13 bp52.9 bp −$53179.9 bp −$1,799doesn't fitdoesn't fit
Sell MEXC live order book, 64 min ago8.39 bp12.3 bp −$1256.9 bp −$569197.2 bp −$19.7Kdoesn't fit

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
Binance ZRXUSDT+0.0100%4h0.1205+0.062%$1.8M$1.2M50xas long as short
Bybit ZRXUSDTlong+0.0100%8h0.1204long leg$1.4M$360K25x
OKX ZRX-USDT-SWAP+0.0100%4h0.1202−0.141%$534K$279K20xas long as short
Gate ZRX_USDT+0.0100%8h0.1206+0.208%$144K$43K75xas long as short
MEXC ZRX_USDTshort+0.0100%4h0.1203−0.066%$902K$160K50x
KuCoin ZRXUSDTM+0.0100%4h0.1202−0.150%$329K$58K30xas long as short
Bitget ZRXUSDT+0.0100%4h0.1206+0.183%$581K$113K50xas long as short
BingX ZRX-USDT+0.0100%4h0.1204+0.017%$2.3Mas long as short
Variational Omni ZRX+0.0100%8h0.1209+0.451%$23K$41Kas long as short
BloFin ZRX-USDT+0.0149%4h0.1205+0.100%$95K$19K50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZRXUSD+0.0628%1h0.1209+0.438%$39K$4K10xas long as short