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

ZRX

all ZRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.05 per $10,000 · paid last 24h +0.002%
Price spread now: BingX against BloFin+0.339%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.021%+$2 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BingX is 0.339% dearer against BloFin than usual: you sell high and buy low: +$34 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ZRX-USDT0.11790.0089pay 0.0045% / 4h3h 24m$91K$23K50x
ShortBingX ZRX-USDT0.11830.0100get 0.0050% / 4h3h 24m$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against BloFin. 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
$2.24
Price spread: +0.339% → 0.000%
$33.93
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
$14.17
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: BloFin: no order-book sample; BingX: live order book, 8 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin no order-book sample
Sell BingX live order book, 8 min ago12.71 bp41.5 bp −$4179.3 bp −$793305.9 bp −$30.6K851.4 bp −$425.7K
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ZRX on 11 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
Bybit ZRXUSDT−0.0185%8h0.1185+0.509%$1.4M$343K25xas long as short
Gate ZRX_USDT+0.0078%8h0.1179+0.025%$141K$37K75xas long as short
BloFin ZRX-USDTlong+0.0089%4h0.1179long leg$91K$23K50x
Binance ZRXUSDT+0.0100%4h0.1185+0.509%$1.7M$1.4M50xas long as short
OKX ZRX-USDT-SWAP+0.0100%4h0.1183+0.322%$519K$360K20xas long as short
MEXC ZRX_USDT+0.0100%4h0.1185+0.509%$889K$168K50xas long as short
KuCoin ZRXUSDTM+0.0100%4h0.1182+0.254%$293K$58K30xas long as short
Bitget ZRXUSDT+0.0100%4h0.1184+0.424%$590K$126K50xas long as short
BingX ZRX-USDTshort+0.0100%4h0.1183+0.339%$2.3M
Variational Omni ZRX+0.0100%8h0.1180+0.087%$22K$13Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZRXUSD+0.0757%1h0.1187+0.687%$38K$6K10xas long as short