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

ZRX

all ZRX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.06 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against MEXC+0.166%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 7 days−0.010%−$1 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BloFin is 0.166% dearer against MEXC than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ZRX_USDT0.12030.0100pay 0.0050% / 4h3h 01m$902K$160K50x
ShortBloFin ZRX-USDT0.12050.0111get 0.0056% / 4h3h 01m$95K$19K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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
$2.32
Price spread: +0.166% → 0.000%
$16.63
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee BloFin: 6 bp × 2 orders
−$12
Net
$2.95
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: MEXC: live order book, 65 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
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 65 min ago8.39 bp10.4 bp −$1048.1 bp −$481220.6 bp −$22.1Kdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ZRXUSDTM+0.0096%4h0.1202−0.083%$329K$52K30xas long as short
Binance ZRXUSDT+0.0100%4h0.12030.000%$1.8M$1.2M50xas long as short
Bybit ZRXUSDT+0.0100%8h0.1204+0.091%$1.4M$361K25xas long as short
OKX ZRX-USDT-SWAP+0.0100%4h0.1201−0.141%$535K$279K20xas long as short
Gate ZRX_USDT+0.0100%8h0.1203+0.008%$144K$43K75xas long as short
MEXC ZRX_USDTlong+0.0100%4h0.1203long leg$902K$160K50x
Bitget ZRXUSDT+0.0100%4h0.1205+0.166%$580K$113K50xas long as short
BingX ZRX-USDT+0.0100%4h0.12030.000%$2.3Mas long as short
Variational Omni ZRX+0.0100%8h0.1203−0.005%$23K$41Kas long as short
BloFin ZRX-USDTshort+0.0111%4h0.1205+0.166%$95K$19K50x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZRXUSD+0.0628%1h0.1209+0.483%$39K$4K10xas long as short