Funding you earn now, next payment 00:00 UTC−0.0006%/8h= −0.6% APRpaid last 24h −0.001%
Price spread now: BloFin against Gate−0.025%63s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.025% cheaper against Gate than usual: you would sell low and buy high, −$3 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ZRX_USDT | 0.1192 | 0.0100 | pay 0.0100% / 8h | 1h 15m | $146K | $41K | 75x |
| Short | BloFin ZRX-USDT | 0.1192 | 0.0094 | get 0.0047% / 4h | 1h 15m | $95K | $19K | 50x |
Gate ZRX_USDT
BloFin ZRX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$1.21
- Price spread: −0.025% → 0.000%
- −$2.52
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$30.72
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 60 min ago; BloFin: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 60 min ago | 6.70 bp | 166.3 bp −$166 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin no order-book sample | — | — | — | — | — |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZRXUSDTM | −0.0188% | 4h | 0.1190 | −0.193% | $324K | $59K | 30x | as long as short |
| Bybit ZRXUSDT | −0.0081% | 8h | 0.1193 | +0.075% | $1.4M | $343K | 25x | as long as short |
| Kraken Futures PF_ZRXUSD | +0.0035% | 1h | 0.1195 | +0.219% | $39K | $4K | 10x | as long as short |
| BloFin ZRX-USDTshort | +0.0094% | 4h | 0.1192 | −0.025% | $95K | $19K | 50x | |
| Binance ZRXUSDT | +0.0100% | 4h | 0.1192 | +0.016% | $1.8M | $1.2M | 50x | as long as short |
| OKX ZRX-USDT-SWAP | +0.0100% | 4h | 0.1194 | +0.159% | $532K | $253K | 20x | as long as short |
| Gate ZRX_USDTlong | +0.0100% | 8h | 0.1192 | long leg | $146K | $41K | 75x | |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1193 | +0.059% | $906K | $166K | 50x | as long as short |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1193 | +0.059% | $581K | $125K | 50x | as long as short |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1194 | +0.143% | — | $2.3M | — | as long as short |
KuCoin ZRXUSDTM
Bybit ZRXUSDT
Kraken Futures PF_ZRXUSD
Binance ZRXUSDT
OKX ZRX-USDT-SWAP
MEXC ZRX_USDT
Bitget ZRXUSDT
BingX ZRX-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ZRX | +0.0100% | 8h | 0.1193 | +0.080% | $23K | $41K | — | as long as short |
Variational Omni ZRX