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

ZRX

all ZRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.012%
Price spread now: KuCoin against OKX0.000%7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$990as in the Funding arb table
Net, price: spread back to 7d avg − costs−$983as in the Price arb table
costs, in and out, $10k−$9869.863% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.038%−$4 on $10k
Price spread, last 4 days (all we have)−0.165%−$16 · spread now 0.000%, 7d avg −0.033%
Together, before fees−0.202%−$20 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.033% dearer against OKX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.033%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ZRX-USDT-SWAP0.11900.0100pay 0.0050% / 4h46m 09s$522K$362K20x
ShortKuCoin ZRXUSDTM0.11900.0100get 0.0050% / 4h46m 09s$298K$58K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against OKX. 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
$0
Price spread: 0.000% → −0.033%
$3.31
Slippage, 4 orders
−$964.27
Fee OKX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$982.96
Costs to cover
9.863%
Break-even
never at this rate
Slippage from OKX: live order book, 55 min ago; KuCoin: live order book, 56 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 55 min ago10.95 bp42.9 bp −$435230.3 bp −$52.3Kdoesn't fitdoesn't fit
Sell KuCoin live order book, 56 min ago25.19 bp618.0 bp −$618doesn't fitdoesn't fitdoesn't fit

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
BloFin ZRX-USDT+0.0069%4h0.11900.000%$92K$23K50xas long as short
Binance ZRXUSDT+0.0100%4h0.11900.000%$1.7M$1.4M50xas long as short
Bybit ZRXUSDT+0.0100%8h0.1190+0.017%$1.4M$338K25xas long as short
OKX ZRX-USDT-SWAPlong+0.0100%4h0.1190long leg$522K$362K20x
Gate ZRX_USDT+0.0100%8h0.1188−0.126%$142K$37K75xas long as short
MEXC ZRX_USDT+0.0100%4h0.11900.000%$894K$163K50xas long as short
KuCoin ZRXUSDTMshort+0.0100%4h0.11900.000%$298K$58K30x
Bitget ZRXUSDT+0.0100%4h0.1189−0.084%$597K$138K50xas long as short
BingX ZRX-USDT+0.0100%4h0.11900.000%$2.3Mas long as short
Variational Omni ZRX+0.0100%8h0.1186−0.368%$22K$13Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZRXUSD+0.0623%1h0.1195+0.387%$38K$5K10xas long as short