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

ZRX

all ZRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0003%/8h= −0.3% APRnext payment $0.02 per $10,000 · paid last 24h −0.036%
Price spread now: KuCoin against BloFin−0.083%7-day average · you buy dearer than you sell
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−0.054%−$5 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.083% cheaper against BloFin than usual: you would sell low and buy high, −$8 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ZRX-USDT0.12040.0071pay 0.0036% / 4h1h 01m$96K$23K50x
ShortKuCoin ZRXUSDTM0.12030.0068get 0.0034% / 4h1h 01m$324K$47K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$0.65
Price spread: −0.083% → 0.000%
−$8.31
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$32.95
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; KuCoin: live order book, 20 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 KuCoin live order book, 20 min ago24.75 bp428.4 bp −$428doesn'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
KuCoin ZRXUSDTMshort+0.0068%4h0.1203−0.083%$324K$47K30x
BloFin ZRX-USDTlong+0.0071%4h0.1204long leg$96K$23K50x
Binance ZRXUSDT+0.0100%4h0.1204+0.031%$1.8M$1.3M50xas long as short
Bybit ZRXUSDT+0.0100%8h0.1205+0.042%$1.4M$348K25xas long as short
OKX ZRX-USDT-SWAP+0.0100%4h0.1205+0.091%$531K$332K20xas long as short
Gate ZRX_USDT+0.0100%8h0.1202−0.141%$146K$44K75xas long as short
MEXC ZRX_USDT+0.0100%4h0.12040.000%$910K$172K50xas long as short
Bitget ZRXUSDT+0.0100%4h0.12040.000%$579K$121K50xas long as short
BingX ZRX-USDT+0.0100%4h0.1205+0.083%$2.3Mas long as short
Variational Omni ZRX+0.0100%8h0.1208+0.300%$23K$24Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZRXUSD+0.1655%1h0.1210+0.499%$39K$4K10xas long as short