data as of
Settings8H · net · $10k
Price arb /

ZRX

all ZRX markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$166
spread now−0.136%7d average+0.064%fees + slippage, in and out−$146spread needed1.463%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ZRXUSDT0.11750.0100pay 0.0050% / 4h2h 36m$571K$191K50x
ShortBybit ZRXUSDT0.11730.0077get 0.0077% / 8h6h 36m$1.4M$365K25x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$13.62
Funding while held
−$0.7
Slippage, 4 orders
−$123.35
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$160.67
Spread needed to break even
1.463%
Slippage from Bitget: live order book, 63 min ago; Bybit: live order book, 1 min ago.

Cost of waiting

funding view
Funding /8h
−0.0023%
Per $10,000 a day
$0.70
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 63 min ago4.20 bp30.2 bp −$30125.9 bp −$1,259doesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago5.11 bp42.9 bp −$43doesn't fitdoesn't fitdoesn't fit

ZRX price on every exchange

against the cheapest. Click to use as the short leg.

ZRX on 11 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bybit ZRXUSDTshort−0.136%+0.0077%8h$1.4M$365K25x
OKX ZRX-USDT-SWAP−0.085%+0.0100%4h$530K$234K20xas long as short
BingX ZRX-USDT−0.085%+0.0100%4h$2.3Mas long as short
Binance ZRXUSDT−0.052%+0.0100%4h$1.7M$1.1M50xas long as short
MEXC ZRX_USDT0.000%+0.0100%4h$868K$156K50xas long as short
KuCoin ZRXUSDTM0.000%+0.0100%4h$332K$59K30xas long as short
Bitget ZRXUSDTlong0.000%+0.0100%4h$571K$191K50x
Variational Omni ZRX+0.197%+0.0100%8h$35K$29Kas long as short
BloFin ZRX-USDT+0.255%+0.0063%4h$99K$16K50xas long as short
Gate ZRX_USDT+0.298%+0.0100%8h$145K$41K75xas long as short
Show all 11 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_ZRXUSD+0.308%+0.0653%1h$40K$3K10xas long as short