Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: OKX against Gate+0.133%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$452as in the Funding arb table
Net, price: spread back to 7d avg − costs−$438as in the Price arb table
costs, in and out, $10k−$4504.503% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 4 days (all we have)+0.005%+$1 · spread now +0.133%, 7d avg +0.010%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.123% dearer against Gate than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.010%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ZRX_USDT | 0.1205 | 0.0100 | pay 0.0100% / 8h | 4h 18m | $145K | $42K | 75x |
| Short | OKX ZRX-USDT-SWAP | 0.1206 | 0.0100 | get 0.0050% / 4h | 18m 52s | $530K | $349K | 20x |
Gate ZRX_USDT
OKX ZRX-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.133% → +0.010%
- $12.33
- Slippage, 4 orders
- −$425.28
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$437.95
- Costs to cover
- 4.503%
- Break-even
- never at this rate
Slippage from Gate: live order book, 32 min ago; OKX: live order book, 37 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, 32 min ago | 9.16 bp | 98.6 bp −$99 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 37 min ago | 3.73 bp | 37.2 bp −$37 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZRXUSDTM | +0.0046% | 4h | 0.1206 | +0.108% | $325K | $49K | 30x | as long as short |
| Binance ZRXUSDT | +0.0100% | 4h | 0.1206 | +0.145% | $1.8M | $1.4M | 50x | as long as short |
| Bybit ZRXUSDT | +0.0100% | 8h | 0.1206 | +0.100% | $1.4M | $342K | 25x | as long as short |
| OKX ZRX-USDT-SWAPshort | +0.0100% | 4h | 0.1206 | +0.133% | $530K | $349K | 20x | |
| Gate ZRX_USDTlong | +0.0100% | 8h | 0.1205 | long leg | $145K | $42K | 75x | |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1206 | +0.108% | $912K | $169K | 50x | as long as short |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1205 | +0.025% | $579K | $121K | 50x | as long as short |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1206 | +0.108% | — | $2.3M | — | as long as short |
| Variational Omni ZRX | +0.0100% | 8h | 0.1205 | +0.048% | $23K | $15K | — | as long as short |
| BloFin ZRX-USDT | +0.0156% | 4h | 0.1208 | +0.274% | $95K | $23K | 50x | as long as short |
KuCoin ZRXUSDTM
Binance ZRXUSDT
Bybit ZRXUSDT
MEXC ZRX_USDT
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 | +0.0970% | 1h | 0.1208 | +0.250% | $39K | $4K | 10x | as long as short |
Kraken Futures PF_ZRXUSD