Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against OKX−0.058%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$407as in the Funding arb table
Net, price: spread back to 7d avg − costs−$414as in the Price arb table
costs, in and out, $10k−$4094.088% of the position
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 4 days (all we have)+0.024%+$2 · spread now −0.058%, 7d avg −0.003%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.055% cheaper against OKX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ZRX-USDT-SWAP | 0.1203 | 0.0100 | pay 0.0050% / 4h | 2h 42m | $531K | $304K | 20x |
| Short | Gate ZRX_USDT | 0.1203 | 0.0100 | get 0.0100% / 8h | 6h 42m | $145K | $44K | 75x |
OKX ZRX-USDT-SWAP
Gate ZRX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.058% → −0.003%
- −$5.49
- Slippage, 4 orders
- −$383.76
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$414.25
- Costs to cover
- 4.088%
- Break-even
- never at this rate
Slippage from OKX: live order book, 23 min ago; Gate: live order book, 18 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, 23 min ago | 4.55 bp | 34.5 bp −$34 | 5199.2 bp −$52.0K | doesn't fit | doesn't fit |
| Sell Gate live order book, 18 min ago | 12.07 bp | 227.6 bp −$228 | 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 | 0.1203 | −0.025% | $1.8M | $1.3M | 50x | as long as short |
| Bybit ZRXUSDT | +0.0100% | 8h | 0.1204 | +0.042% | $1.4M | $376K | 25x | as long as short |
| OKX ZRX-USDT-SWAPlong | +0.0100% | 4h | 0.1203 | long leg | $531K | $304K | 20x | |
| Gate ZRX_USDTshort | +0.0100% | 8h | 0.1203 | −0.058% | $145K | $44K | 75x | |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1202 | −0.108% | $921K | $166K | 50x | as long as short |
| KuCoin ZRXUSDTM | +0.0100% | 4h | 0.1202 | −0.108% | $324K | $47K | 30x | as long as short |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1203 | −0.025% | $579K | $117K | 50x | as long as short |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1203 | −0.025% | — | $2.3M | — | as long as short |
| Variational Omni ZRX | +0.0100% | 8h | 0.1197 | −0.522% | $23K | $41K | — | as long as short |
| BloFin ZRX-USDT | +0.0113% | 4h | 0.1201 | −0.191% | $95K | $19K | 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 | +0.1941% | 1h | 0.1209 | +0.467% | $39K | $4K | 10x | as long as short |
Kraken Futures PF_ZRXUSD