Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Binance against Gate+0.140%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$391as in the Funding arb table
Net, price: spread back to 7d avg − costs−$384as in the Price arb table
costs, in and out, $10k−$3933.929% of the position
Funding, last 7 days+0.018%+$2 on $10k
+Price spread, last 4 days (all we have)+0.187%+$19 · spread now +0.140%, 7d avg +0.051%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.089% dearer against Gate than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.051%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ZRX_USDT | 0.1213 | 0.0100 | pay 0.0100% / 8h | 5h 31m | $146K | $43K | 75x |
| Short | Binance ZRXUSDT | 0.1215 | 0.0100 | get 0.0050% / 4h | 1h 31m | $1.8M | $1.3M | 50x |
Gate ZRX_USDT
Binance ZRXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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: +0.140% → +0.051%
- $8.92
- Slippage, 4 orders
- −$367.9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$383.98
- Costs to cover
- 3.929%
- Break-even
- never at this rate
Slippage from Gate: live order book, 24 min ago; Binance: live order book, 2 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 Gate live order book, 24 min ago | 9.07 bp | 119.0 bp −$119 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 4.11 bp | 30.8 bp −$31 | 83.4 bp −$834 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ZRXUSDTshort | +0.0100% | 4h | 0.1215 | +0.140% | $1.8M | $1.3M | 50x | |
| Bybit ZRXUSDT | +0.0100% | 8h | 0.1215 | +0.173% | $1.5M | $380K | 25x | as long as short |
| OKX ZRX-USDT-SWAP | +0.0100% | 4h | 0.1215 | +0.173% | $536K | $334K | 20x | as long as short |
| Gate ZRX_USDTlong | +0.0100% | 8h | 0.1213 | long leg | $146K | $43K | 75x | |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1214 | +0.066% | $918K | $169K | 50x | as long as short |
| KuCoin ZRXUSDTM | +0.0100% | 4h | 0.1213 | −0.016% | $326K | $47K | 30x | as long as short |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1214 | +0.066% | $583K | $123K | 50x | as long as short |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1214 | +0.066% | — | $2.3M | — | as long as short |
| Variational Omni ZRX | +0.0100% | 8h | 0.1213 | −0.024% | $23K | $41K | — | as long as short |
| BloFin ZRX-USDT | +0.0115% | 4h | 0.1218 | +0.396% | $96K | $23K | 50x | as long as short |
Bybit ZRXUSDT
OKX ZRX-USDT-SWAP
MEXC ZRX_USDT
KuCoin ZRXUSDTM
Bitget ZRXUSDT
BingX ZRX-USDT
Variational Omni ZRX
BloFin ZRX-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZRXUSD | +0.1646% | 1h | 0.1216 | +0.271% | $40K | $4K | 10x | as long as short |
Kraken Futures PF_ZRXUSD