Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.033%
Price spread now: Bybit against OKX+0.067%7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$242as in the Funding arb table
Net, price: spread back to 7d avg − costs−$211as in the Price arb table
costs, in and out, $10k−$2132.126% of the position
Funding, last 7 days−0.289%−$29 on $10k
+Price spread, last 4 days (all we have)−0.013%−$1 · spread now +0.067%, 7d avg +0.049%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ZRX-USDT-SWAP | 0.1190 | 0.0100 | pay 0.0050% / 4h | 1h 50m | $523K | $360K | 20x |
| Short | Bybit ZRXUSDT | 0.1191 | 0.0100 | get 0.0100% / 8h | 1h 50m | $1.4M | $339K | 25x |
OKX ZRX-USDT-SWAP
Bybit ZRXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.067% → +0.049%
- $1.82
- Slippage, 4 orders
- −$191.65
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$210.83
- Costs to cover
- 2.126%
- Break-even
- never at this rate
Slippage from OKX: live order book, 56 min ago; Bybit: live order book, 1 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, 56 min ago | 6.30 bp | 37.3 bp −$37 | 4345.1 bp −$43.5K | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 3.78 bp | 60.4 bp −$60 | 214.8 bp −$2,148 | 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 | +0.190% | $1.7M | $1.4M | 50x | as long as short |
| Bybit ZRXUSDTshort | +0.0100% | 8h | 0.1191 | +0.067% | $1.4M | $339K | 25x | |
| OKX ZRX-USDT-SWAPlong | +0.0100% | 4h | 0.1190 | long leg | $523K | $360K | 20x | |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1191 | +0.126% | $143K | $39K | 75x | as long as short |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1191 | +0.109% | $893K | $162K | 50x | as long as short |
| KuCoin ZRXUSDTM | +0.0100% | 4h | 0.1192 | +0.193% | $299K | $58K | 30x | as long as short |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1191 | +0.109% | $600K | $138K | 50x | as long as short |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1190 | +0.025% | — | $2.3M | — | as long as short |
| Variational Omni ZRX | +0.0100% | 8h | 0.1189 | −0.029% | $23K | $13K | — | as long as short |
| BloFin ZRX-USDT | +0.0111% | 4h | 0.1192 | +0.193% | $92K | $23K | 50x | as long as short |
Binance ZRXUSDT
Gate ZRX_USDT
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 | +0.2094% | 1h | 0.1194 | +0.320% | $38K | $5K | 10x | as long as short |
Kraken Futures PF_ZRXUSD