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+0.0030%/8h= +3.3% APRpaid last 24h +0.002%
Price spread now: Variational Omni against BloFin+0.064%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Variational Omni is 0.064% dearer against BloFin than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ZRX-USDT0.11790.0070pay 0.0035% / 4h3h 27m$91K$23K50x
ShortVariational Omni ZRX0.11800.0100get 0.0100% / 8h7h 27m$22K$13K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$6.29
Price spread: +0.064% → 0.000%
$6.41
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$0.69
Costs to cover
0.120%
Break-even
6.2 days
Slippage unknown: BloFin: no order-book sample; Variational Omni: no order-book sample. 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 Variational Omni no order-book sample
BloFin and Variational Omni: 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−0.0281%8h0.1181+0.187%$1.4M$341K25xas long as short
Gate ZRX_USDT−0.0003%8h0.1178−0.119%$141K$37K75xas long as short
BloFin ZRX-USDTlong+0.0070%4h0.1179long leg$91K$23K50x
Binance ZRXUSDT+0.0100%4h0.1181+0.170%$1.7M$1.4M50xas long as short
OKX ZRX-USDT-SWAP+0.0100%4h0.1182+0.237%$518K$359K20xas long as short
MEXC ZRX_USDT+0.0100%4h0.1181+0.170%$886K$168K50xas long as short
KuCoin ZRXUSDTM+0.0100%4h0.1180+0.085%$292K$58K30xas long as short
Bitget ZRXUSDT+0.0100%4h0.1181+0.170%$589K$124K50xas long as short
BingX ZRX-USDT+0.0100%4h0.1182+0.254%$2.3Mas long as short
Variational Omni ZRXshort+0.0100%8h0.1180+0.064%$22K$13K
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZRXUSD+0.0758%1h0.1184+0.434%$38K$6K10xas long as short