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

ZRX

all ZRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0011%/8h= +1.3% APRpaid last 24h +0.001%
Price spread now: Gate against BloFin+0.109%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+0.003%$0 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 Gate is 0.109% dearer against BloFin than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ZRX-USDT0.11920.0089pay 0.0044% / 4h2h 05m$96K$19K50x
ShortGate ZRX_USDT0.11930.0100get 0.0100% / 8h2h 05m$146K$41K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$2.41
Price spread: +0.109% → 0.000%
$10.91
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$13.68
Costs to cover
0.270%
Break-even
46.7 days
Slippage unknown: BloFin: no order-book sample; Gate: live order book, 10 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 Gate live order book, 10 min ago6.70 bp261.0 bp −$261doesn't fitdoesn't fitdoesn't fit
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−0.0081%8h0.1192+0.008%$1.4M$339K25xas long as short
BloFin ZRX-USDTlong+0.0089%4h0.1192long leg$96K$19K50x
Binance ZRXUSDT+0.0100%4h0.11920.000%$1.8M$1.2M50xas long as short
OKX ZRX-USDT-SWAP+0.0100%4h0.1193+0.092%$530K$236K20xas long as short
Gate ZRX_USDTshort+0.0100%8h0.1193+0.109%$146K$41K75x
MEXC ZRX_USDT+0.0100%4h0.11920.000%$884K$163K50xas long as short
KuCoin ZRXUSDTM+0.0100%4h0.11920.000%$331K$57K30xas long as short
Bitget ZRXUSDT+0.0100%4h0.1191−0.084%$579K$155K50xas long as short
BingX ZRX-USDT+0.0100%4h0.1193+0.084%$2.3Mas long as short
Variational Omni ZRX+0.0100%8h0.1192−0.004%$29K$35Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZRXUSD+0.0364%1h0.1194+0.168%$40K$2K10xas long as short