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: OKX against Binance+0.027%7-day average −0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$146as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1431.426% of the position
Funding, last 7 days−0.030%−$3 on $10k
+Price spread, last 4 days (all we have)−0.049%−$5 · spread now +0.027%, 7d avg −0.041%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.068% dearer against Binance than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.041%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZRXUSDT | 0.1185 | 0.0100 | pay 0.0050% / 4h | 16m 52s | $1.7M | $1.4M | 50x |
| Short | OKX ZRX-USDT-SWAP | 0.1185 | 0.0100 | get 0.0050% / 4h | 16m 52s | $520K | $358K | 20x |
Binance ZRXUSDT
OKX ZRX-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Binance. 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: +0.027% → −0.041%
- $6.77
- Slippage, 4 orders
- −$122.57
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$135.8
- Costs to cover
- 1.426%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; OKX: live order book, 19 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 Binance live order book, 2 min ago | 8.45 bp | 30.4 bp −$30 | 213.0 bp −$2,130 | doesn't fit | doesn't fit |
| Sell OKX live order book, 19 min ago | 7.17 bp | 45.2 bp −$45 | 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 ZRXUSDTlong | +0.0100% | 4h | 0.1185 | long leg | $1.7M | $1.4M | 50x | |
| Bybit ZRXUSDT | +0.0100% | 8h | 0.1186 | +0.043% | $1.4M | $336K | 25x | as long as short |
| OKX ZRX-USDT-SWAPshort | +0.0100% | 4h | 0.1185 | +0.027% | $520K | $358K | 20x | |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1182 | −0.269% | $141K | $37K | 75x | as long as short |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1185 | −0.007% | $889K | $169K | 50x | as long as short |
| KuCoin ZRXUSDTM | +0.0100% | 4h | 0.1184 | −0.092% | $291K | $58K | 30x | as long as short |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1185 | −0.007% | $591K | $140K | 50x | as long as short |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1184 | −0.092% | — | $2.3M | — | as long as short |
| Variational Omni ZRX | +0.0100% | 8h | 0.1183 | −0.181% | $22K | $13K | — | as long as short |
| BloFin ZRX-USDT | +0.0104% | 4h | 0.1186 | +0.077% | $92K | $23K | 50x | as long as short |
Bybit 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 | +0.0627% | 1h | 0.1187 | +0.129% | $38K | $5K | 10x | as long as short |
Kraken Futures PF_ZRXUSD