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

ZRX

all ZRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0020%/8h= −2.2% APRnext payment $0.10 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against MEXC0.000%79s7-day average · you sell dearer than you buy
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 7 days−0.009%−$1 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 79 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ZRX_USDT0.11940.0100pay 0.0050% / 4h1h 23m$907K$166K50x
ShortBloFin ZRX-USDT0.11940.0080get 0.0040% / 4h1h 23m$95K$19K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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
−$4.3
Price spread: 0.000% → 0.000%
$0
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$20.3
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: MEXC: live order book, 52 min ago; BloFin: 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 MEXC live order book, 52 min ago4.19 bp8.2 bp −$840.4 bp −$404212.7 bp −$21.3Kdoesn't fit
Sell BloFin no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ZRXUSDTM−0.0218%4h0.1190−0.335%$324K$59K30xas long as short
Bybit ZRXUSDT−0.0105%8h0.1193−0.059%$1.4M$343K25xas long as short
Kraken Futures PF_ZRXUSD+0.0034%1h0.1197+0.239%$39K$4K10xas long as short
BloFin ZRX-USDTshort+0.0080%4h0.11940.000%$95K$19K50x
Binance ZRXUSDT+0.0100%4h0.1194+0.015%$1.8M$1.2M50xas long as short
OKX ZRX-USDT-SWAP+0.0100%4h0.1193−0.050%$532K$253K20xas long as short
Gate ZRX_USDT+0.0100%8h0.1192−0.142%$146K$41K75xas long as short
MEXC ZRX_USDTlong+0.0100%4h0.1194long leg$907K$166K50x
Bitget ZRXUSDT+0.0100%4h0.11940.000%$581K$126K50xas long as short
BingX ZRX-USDT+0.0100%4h0.1195+0.084%$2.3Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZRX+0.0100%8h0.1194+0.029%$23K$41Kas long as short