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

ZS

RWAall ZS 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 0.000%
Price spread now: SunX against Binance−0.005%46s7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$236as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2402.404% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.043%+$4 on $10k
Price spread, last 2 days (all we have)+0.083%+$8 · spread now −0.005%, 7d avg +0.013%
Together, before fees+0.125%+$13 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ZSUSDT207.970get 0.0000% / 8h3h 03m$143K$526K20x
ShortSunX ZS-USDT207.960get 0.0000% / 8h3h 03m$689K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Binance. 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: −0.005% → +0.013%
−$1.75
Slippage, 4 orders
−$222.4
Fee Binance: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$242.16
Costs to cover
2.404%
Break-even
never at this rate
Slippage from Binance: live order book, 43 min ago; SunX: live order book, 8 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 Binance live order book, 43 min ago3.61 bp24.9 bp −$25102.9 bp −$1,029doesn't fitdoesn't fit
Sell SunX live order book, 8 min ago76.05 bp95.1 bp −$95doesn't fitdoesn't fitdoesn't fit

ZS on 6 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
Binance ZSUSDTlong0.0000%8h207.97long leg$143K$526K20x
Bybit ZSUSDT0.0000%8h207.23−0.356%$27K$67K25xas long as short
Gate ZS_USDT0.0000%8h207.82−0.072%$47K$5K20xas long as short
Bitget ZSUSDT0.0000%8h207.62−0.168%$181K$1.6M20xas long as short
SunX ZS-USDTshort0.0000%8h207.96−0.005%$689K10x
HTX ZS-USDT0.0000%8h207.970.000%$7K$387K20xas long as short