Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against Bitget−0.209%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$331as in the Funding arb table
Net, price: spread back to 7d avg − costs−$351as in the Price arb table
costs, in and out, $10k−$3303.295% of the position
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 4 days (all we have)+0.275%+$27 · spread now −0.209%, 7d avg +0.003%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.212% cheaper against Bitget than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of +0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ZRXUSDT | 0.1197 | 0.0100 | pay 0.0050% / 4h | 2h 28m | $583K | $182K | 50x |
| Short | Gate ZRX_USDT | 0.1195 | 0.0100 | get 0.0100% / 8h | 2h 28m | $146K | $40K | 75x |
Bitget ZRXUSDT
Gate ZRX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. 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: −0.209% → +0.003%
- −$21.15
- Slippage, 4 orders
- −$302.53
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$350.69
- Costs to cover
- 3.295%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 56 min ago; Gate: live order book, 54 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 Bitget live order book, 56 min ago | 4.20 bp | 31.9 bp −$32 | 140.4 bp −$1,404 | doesn't fit | doesn't fit |
| Sell Gate live order book, 54 min ago | 7.15 bp | 171.7 bp −$172 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZRXUSDT | −0.0032% | 8h | 0.1194 | −0.234% | $1.4M | $373K | 25x | as long as short |
| BloFin ZRX-USDT | +0.0054% | 4h | 0.1196 | −0.084% | $95K | $19K | 50x | as long as short |
| Binance ZRXUSDT | +0.0100% | 4h | 0.1196 | −0.084% | $1.8M | $1.2M | 50x | as long as short |
| OKX ZRX-USDT-SWAP | +0.0100% | 4h | 0.1196 | −0.092% | $532K | $239K | 20x | as long as short |
| Gate ZRX_USDTshort | +0.0100% | 8h | 0.1195 | −0.209% | $146K | $40K | 75x | |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1195 | −0.167% | $887K | $162K | 50x | as long as short |
| KuCoin ZRXUSDTM | +0.0100% | 4h | 0.1195 | −0.167% | $331K | $57K | 30x | as long as short |
| Bitget ZRXUSDTlong | +0.0100% | 4h | 0.1197 | long leg | $583K | $182K | 50x | |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1195 | −0.167% | — | $2.3M | — | as long as short |
| Variational Omni ZRX | +0.0100% | 8h | 0.1194 | −0.230% | $29K | $35K | — | as long as short |
Bybit ZRXUSDT
BloFin ZRX-USDT
Binance ZRXUSDT
OKX ZRX-USDT-SWAP
MEXC ZRX_USDT
KuCoin ZRXUSDTM
BingX ZRX-USDT
Variational Omni ZRXShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZRXUSD | +0.0362% | 1h | 0.1198 | +0.069% | $40K | $3K | 10x | as long as short |
Kraken Futures PF_ZRXUSD