Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.033%
Price spread now: OKX against Bybit+0.008%7-day average −0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$218as in the Funding arb table
Net, price: spread back to 7d avg − costs−$241as in the Price arb table
costs, in and out, $10k−$2472.470% of the position
Funding, last 7 days+0.289%+$29 on $10k
+Price spread, last 4 days (all we have)−0.063%−$6 · spread now +0.008%, 7d avg −0.049%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.057% dearer against Bybit than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.049%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ZRXUSDT | 0.1195 | 0.0100 | pay 0.0100% / 8h | 2h 48m | $1.4M | $331K | 25x |
| Short | OKX ZRX-USDT-SWAP | 0.1195 | 0.0100 | get 0.0050% / 4h | 2h 48m | $524K | $349K | 20x |
Bybit ZRXUSDT
OKX ZRX-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.008% → −0.049%
- $5.74
- Slippage, 4 orders
- −$225.98
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$241.23
- Costs to cover
- 2.470%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; OKX: live order book, 62 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 3 min ago | 7.96 bp | 72.9 bp −$73 | 196.8 bp −$1,968 | doesn't fit | doesn't fit |
| Sell OKX live order book, 62 min ago | 2.89 bp | 45.6 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
ZRX on 11 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ZRX-USDT | +0.0066% | 4h | 0.1195 | +0.008% | $93K | $23K | 50x | as long as short |
| Binance ZRXUSDT | +0.0100% | 4h | 0.1196 | +0.092% | $1.8M | $1.4M | 50x | as long as short |
| Bybit ZRXUSDTlong | +0.0100% | 8h | 0.1195 | long leg | $1.4M | $331K | 25x | |
| OKX ZRX-USDT-SWAPshort | +0.0100% | 4h | 0.1195 | +0.008% | $524K | $349K | 20x | |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1193 | −0.142% | $144K | $39K | 75x | as long as short |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1196 | +0.092% | $897K | $164K | 50x | as long as short |
| KuCoin ZRXUSDTM | +0.0100% | 4h | 0.1194 | −0.075% | $302K | $55K | 30x | as long as short |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1194 | −0.075% | $595K | $130K | 50x | as long as short |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1195 | +0.008% | — | $2.3M | — | as long as short |
| Variational Omni ZRX | +0.0100% | 8h | 0.1193 | −0.135% | $23K | $13K | — | as long as short |
BloFin ZRX-USDT
Binance ZRXUSDT
Gate ZRX_USDT
MEXC ZRX_USDT
KuCoin ZRXUSDTM
Bitget ZRXUSDT
BingX ZRX-USDT
Variational Omni ZRXShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZRXUSD | +0.0983% | 1h | 0.1196 | +0.102% | $38K | $5K | 10x | as long as short |
Kraken Futures PF_ZRXUSD