data as of
Settings8H · net · $10k
Price arb /

ZRX

all ZRX markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)−0.221%
7d averageif it closes, per $10,000$22funding while held, a day−$16.70
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_ZRXUSD0.11730.0657pay 0.0082% / 1h11m 56s$39K$3K10x
ShortBingX ZRX-USDT0.11700.0100get 0.0050% / 4h2h 11m$2.3M

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$22.1
Funding while held
−$16.7
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$58.79
Spread needed to break even
0.200%
Slippage unknown: Kraken Futures: no order-book sample; BingX: live order book, 13 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
−0.0557%
Per $10,000 a day
$16.70
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures no order-book sample
Sell BingX live order book, 13 min ago8.53 bp29.8 bp −$3072.3 bp −$723286.5 bp −$28.6K725.3 bp −$362.7K
Kraken Futures: 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 price on every exchange

against the cheapest. Click to use as the short leg.

ZRX on 11 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
OKX ZRX-USDT-SWAP−0.289%+0.0100%4h$528K$234K20xas long as short
Bybit ZRXUSDT−0.264%+0.0100%8h$1.4M$368K25xas long as short
Gate ZRX_USDT−0.247%−0.0173%8h$144K$42K75xas long as short
BingX ZRX-USDTshort−0.221%+0.0100%4h$2.3M
Binance ZRXUSDT−0.136%+0.0100%4h$1.7M$1.1M50xas long as short
MEXC ZRX_USDT−0.136%+0.0100%4h$863K$158K50xas long as short
KuCoin ZRXUSDTM−0.136%+0.0100%4h$331K$59K30xas long as short
BloFin ZRX-USDT−0.136%+0.0066%4h$98K$16K50xas long as short
Bitget ZRXUSDT−0.050%+0.0100%4h$570K$192K50xas long as short
Kraken Futures PF_ZRXUSDlong0.000%+0.0657%1h$39K$3K10x
Show all 11 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Variational Omni ZRX+0.001%+0.0100%8h$35K$29Kas long as short