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

ZRX

all ZRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.027%
Price spread now: Bybit against Variational Omni+0.083%7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.083% dearer against Variational Omni than usual: you sell high and buy low, +$8 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ZRX0.11970.0100pay 0.0100% / 8h7h 02m$23K$13K
ShortBybit ZRXUSDT0.11980.0100get 0.0100% / 8h7h 02m$1.4M$339K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Variational Omni. 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: +0.083% → 0.000%
$8.33
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$2.67
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; Bybit: live order book, 4 min ago. 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 Variational Omni no order-book sample
Sell Bybit live order book, 4 min ago6.26 bp64.1 bp −$64185.8 bp −$1,858doesn't fitdoesn't fit
Variational Omni: 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
BloFin ZRX-USDT+0.0048%4h0.1199+0.150%$92K$23K50xas long as short
Binance ZRXUSDT+0.0100%4h0.1199+0.150%$1.8M$1.4M50xas long as short
Bybit ZRXUSDTshort+0.0100%8h0.1198+0.083%$1.4M$339K25x
OKX ZRX-USDT-SWAP+0.0100%4h0.1197−0.025%$525K$345K20xas long as short
Gate ZRX_USDT+0.0100%8h0.1198+0.033%$144K$37K75xas long as short
MEXC ZRX_USDT+0.0100%4h0.1199+0.150%$900K$170K50xas long as short
KuCoin ZRXUSDTM+0.0100%4h0.1198+0.067%$300K$57K30xas long as short
Bitget ZRXUSDT+0.0100%4h0.1198+0.067%$586K$130K50xas long as short
BingX ZRX-USDT+0.0100%4h0.1198+0.067%$2.3Mas long as short
Variational Omni ZRXlong+0.0100%8h0.1197long leg$23K$13K
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZRXUSD+0.0749%1h0.1200+0.206%$38K$6K10xas long as short