Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bitget−0.245%7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$160as in the Price arb table
costs, in and out, $10k−$1351.349% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.557%+$56 · spread now −0.245%, 7d avg +0.010%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.255% cheaper against Bitget than usual: you would sell low and buy high, −$25 on $10k if it goes back to its 7-day average of +0.010%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ZRXUSDT | 0.1184 | 0.0100 | pay 0.0050% / 4h | 3h 34m | $590K | $124K | 50x |
| Short | OKX ZRX-USDT-SWAP | 0.1181 | 0.0100 | get 0.0050% / 4h | 3h 34m | $518K | $357K | 20x |
Bitget ZRXUSDT
OKX ZRX-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.245% → +0.010%
- −$25.46
- Slippage, 4 orders
- −$112.92
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$160.38
- Costs to cover
- 1.349%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 61 min ago; OKX: live order book, 61 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, 61 min ago | 8.44 bp | 33.0 bp −$33 | 196.6 bp −$1,966 | doesn't fit | doesn't fit |
| Sell OKX live order book, 61 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZRXUSDT | +0.0042% | 8h | 0.1182 | −0.160% | $1.4M | $341K | 25x | as long as short |
| BloFin ZRX-USDT | +0.0067% | 4h | 0.1184 | 0.000% | $91K | $23K | 50x | as long as short |
| Binance ZRXUSDT | +0.0100% | 4h | 0.1182 | −0.211% | $1.7M | $1.4M | 50x | as long as short |
| OKX ZRX-USDT-SWAPshort | +0.0100% | 4h | 0.1181 | −0.245% | $518K | $357K | 20x | |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1180 | −0.304% | $142K | $37K | 75x | as long as short |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1182 | −0.169% | $887K | $168K | 50x | as long as short |
| KuCoin ZRXUSDTM | +0.0100% | 4h | 0.1181 | −0.253% | $293K | $58K | 30x | as long as short |
| Bitget ZRXUSDTlong | +0.0100% | 4h | 0.1184 | long leg | $590K | $124K | 50x | |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1183 | −0.084% | — | $2.3M | — | as long as short |
| Variational Omni ZRX | +0.0100% | 8h | 0.1183 | −0.114% | $22K | $13K | — | as long as short |
Bybit ZRXUSDT
BloFin ZRX-USDT
Binance ZRXUSDT
Gate ZRX_USDT
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 | +0.0759% | 1h | 0.1184 | −0.037% | $38K | $6K | 10x | as long as short |
Kraken Futures PF_ZRXUSD