Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against OKX−0.135%7-day average +0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costs−$155as in the Price arb table
costs, in and out, $10k−$1381.380% of the position
Funding, last 7 days+0.060%+$6 on $10k
+Price spread, last 4 days (all we have)+0.071%+$7 · spread now −0.135%, 7d avg +0.034%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.168% cheaper against OKX than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of +0.034%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ZRX-USDT-SWAP | 0.1188 | 0.0100 | pay 0.0050% / 4h | 11m 41s | $521K | $357K | 20x |
| Short | BingX ZRX-USDT | 0.1186 | 0.0100 | get 0.0050% / 4h | 11m 41s | — | $2.3M | — |
OKX ZRX-USDT-SWAP
BingX ZRX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against OKX. 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: −0.135% → +0.034%
- −$16.84
- Slippage, 4 orders
- −$117.96
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$154.8
- Costs to cover
- 1.380%
- Break-even
- never at this rate
Slippage from OKX: live order book, 24 min ago; BingX: live order book, 2 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 OKX live order book, 24 min ago | 7.17 bp | 36.0 bp −$36 | 5060.7 bp −$50.6K | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 8.43 bp | 30.4 bp −$30 | 75.5 bp −$755 | 342.3 bp −$34.2K | 907.2 bp −$453.6K |
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ZRX-USDT | +0.0082% | 4h | 0.1185 | −0.219% | $92K | $23K | 50x | as long as short |
| Binance ZRXUSDT | +0.0100% | 4h | 0.1186 | −0.135% | $1.7M | $1.4M | 50x | as long as short |
| Bybit ZRXUSDT | +0.0100% | 8h | 0.1187 | −0.059% | $1.4M | $336K | 25x | as long as short |
| OKX ZRX-USDT-SWAPlong | +0.0100% | 4h | 0.1188 | long leg | $521K | $357K | 20x | |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1184 | −0.286% | $141K | $37K | 75x | as long as short |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1186 | −0.135% | $890K | $169K | 50x | as long as short |
| KuCoin ZRXUSDTM | +0.0100% | 4h | 0.1187 | −0.051% | $294K | $59K | 30x | as long as short |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1186 | −0.135% | $591K | $128K | 50x | as long as short |
| BingX ZRX-USDTshort | +0.0100% | 4h | 0.1186 | −0.135% | — | $2.3M | — | |
| Variational Omni ZRX | +0.0100% | 8h | 0.1186 | −0.125% | $22K | $13K | — | as long as short |
BloFin ZRX-USDT
Binance ZRXUSDT
Bybit ZRXUSDT
Gate ZRX_USDT
MEXC ZRX_USDT
KuCoin ZRXUSDTM
Bitget ZRXUSDT
Variational Omni ZRXShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZRXUSD | +0.0627% | 1h | 0.1188 | +0.007% | $38K | $6K | 10x | as long as short |
Kraken Futures PF_ZRXUSD