Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: OKX against Gate+0.059%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$491as in the Funding arb table
Net, price: spread back to 7d avg − costs−$485as in the Price arb table
costs, in and out, $10k−$4904.897% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 4 days (all we have)+0.045%+$4 · spread now +0.059%, 7d avg +0.014%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.045% dearer against Gate than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ZRX_USDT | 0.1191 | 0.0100 | pay 0.0100% / 8h | 3h 21m | $144K | $40K | 75x |
| Short | OKX ZRX-USDT-SWAP | 0.1192 | 0.0100 | get 0.0050% / 4h | 3h 21m | $524K | $344K | 20x |
Gate ZRX_USDT
OKX ZRX-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Gate. 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: +0.059% → +0.014%
- $4.46
- Slippage, 4 orders
- −$464.66
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$485.2
- Costs to cover
- 4.897%
- Break-even
- never at this rate
Slippage from Gate: live order book, 24 min ago; OKX: 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 Gate live order book, 24 min ago | 7.92 bp | 120.2 bp −$120 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 29 min ago | 2.89 bp | 45.6 bp −$46 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ZRXUSDT | +0.0100% | 4h | 0.1192 | +0.096% | $1.8M | $1.4M | 50x | as long as short |
| Bybit ZRXUSDT | +0.0100% | 8h | 0.1192 | +0.109% | $1.4M | $333K | 25x | as long as short |
| OKX ZRX-USDT-SWAPshort | +0.0100% | 4h | 0.1192 | +0.059% | $524K | $344K | 20x | |
| Gate ZRX_USDTlong | +0.0100% | 8h | 0.1191 | long leg | $144K | $40K | 75x | |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1192 | +0.067% | $894K | $169K | 50x | as long as short |
| KuCoin ZRXUSDTM | +0.0100% | 4h | 0.1193 | +0.151% | $303K | $55K | 30x | as long as short |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1192 | +0.067% | $595K | $130K | 50x | as long as short |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1193 | +0.151% | — | $2.3M | — | as long as short |
| Variational Omni ZRX | +0.0100% | 8h | 0.1194 | +0.200% | $23K | $15K | — | as long as short |
| BloFin ZRX-USDT | +0.0156% | 4h | 0.1195 | +0.319% | $93K | $23K | 50x | as long as short |
Binance ZRXUSDT
Bybit ZRXUSDT
MEXC ZRX_USDT
KuCoin ZRXUSDTM
Bitget ZRXUSDT
BingX ZRX-USDT
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 | +0.1194% | 1h | 0.1194 | +0.245% | $38K | $5K | 10x | as long as short |
Kraken Futures PF_ZRXUSD