data as of
Settings8H · net · $10k
Price arb /

ZRX

all ZRX markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$158
spread now+0.076%7d average−0.050%fees + slippage, in and out−$171spread needed1.708%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ZRXUSDT0.1183−0.0127get 0.0127% / 8h4m 21s$1.4M$375K25x
ShortBingX ZRX-USDT0.11840.0100get 0.0050% / 4h4m 21s$2.3M

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$7.61
Funding while held
$6.82
Slippage, 4 orders
−$149.78
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$156.36
Spread needed to break even
1.708%
Slippage from Bybit: live order book, 3 min ago; BingX: live order book, 5 min ago.

Cost of waiting

funding view
Funding /8h
+0.0227%
Per $10,000 a day
+$6.82
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 3 min ago5.49 bp52.2 bp −$52doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 5 min ago12.69 bp36.5 bp −$3676.5 bp −$765343.6 bp −$34.4K795.8 bp −$397.9K

ZRX price on every exchange

against the cheapest. Click to use as the short leg.

ZRX on 11 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Gate ZRX_USDT−0.118%+0.0100%8h$146K$43K75xas long as short
Bitget ZRXUSDT−0.093%+0.0100%4h$574K$195K50xas long as short
MEXC ZRX_USDT−0.008%+0.0100%4h$874K$165K50xas long as short
Binance ZRXUSDT0.000%+0.0100%4h$1.8M$1.2M50xas long as short
Bybit ZRXUSDTlong0.000%−0.0127%8h$1.4M$375K25x
OKX ZRX-USDT-SWAP+0.008%+0.0100%4h$534K$259K20xas long as short
Variational Omni ZRX+0.072%+0.0100%8h$35K$29Kas long as short
KuCoin ZRXUSDTM+0.076%+0.0100%4h$337K$65K30xas long as short
BingX ZRX-USDTshort+0.076%+0.0100%4h$2.3M
BloFin ZRX-USDT+0.076%+0.0087%4h$101K$16K50xas long as short
Show all 11 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_ZRXUSD+0.253%+0.1214%1h$40K$3K10xas long as short