Settings8H · net · $10k
Funding arb · Price arb /

ZRX

all ZRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0633%/8h= +69.3% APRnext payment +$6.33 per $10,000 · paid last 24h 0.000%
Price spread now: Variational Omni against Gate+0.045%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Variational Omni is 0.045% dearer against Gate than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ZRX_USDT0.1169−0.0533get 0.0533% / 8h5h 30m$139K$36K75x
ShortVariational Omni ZRX0.11690.0100get 0.0100% / 8h5h 30m$22K$13K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Gate. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$132.93
Price spread: +0.045% → 0.000%
$4.49
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$122.42
Costs to cover
0.150%
Break-even
0.6 days
Slippage unknown: Gate: live order book, 9 min ago; Variational Omni: 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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 9 min ago9.37 bp137.0 bp −$137doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni no order-book sample
Variational Omni: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ZRX_USDTlong−0.0533%8h0.1169long leg$139K$36K75x
Bybit ZRXUSDT−0.0168%8h0.1171+0.197%$1.4M$355K25xas long as short
BloFin ZRX-USDT+0.0082%4h0.1169+0.034%$91K$23K50xas long as short
Binance ZRXUSDT+0.0100%4h0.1171+0.232%$1.7M$1.4M50xas long as short
OKX ZRX-USDT-SWAP+0.0100%4h0.1170+0.111%$514K$351K20xas long as short
MEXC ZRX_USDT+0.0100%4h0.1170+0.120%$866K$136K50xas long as short
KuCoin ZRXUSDTM+0.0100%4h0.1169+0.034%$284K$57K30xas long as short
Bitget ZRXUSDT+0.0100%4h0.1172+0.291%$579K$141K50xas long as short
BingX ZRX-USDT+0.0100%4h0.1172+0.291%$2.3Mas long as short
Variational Omni ZRXshort+0.0100%8h0.1169+0.045%$22K$13K
Show all 11 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZRXUSD+0.0456%1h0.1175+0.564%$37K$6K10xas long as short