Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against OKX+0.085%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$134as in the Price arb table
costs, in and out, $10k−$1391.385% of the position
Funding, last 7 days+0.030%+$3 on $10k
+Price spread, last 4 days (all we have)−0.061%−$6 · spread now +0.085%, 7d avg +0.040%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.044% dearer against OKX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.040%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ZRX-USDT-SWAP | 0.1183 | 0.0100 | pay 0.0050% / 4h | 2h 30m | $518K | $355K | 20x |
| Short | Binance ZRXUSDT | 0.1184 | 0.0100 | get 0.0050% / 4h | 2h 30m | $1.7M | $1.4M | 50x |
OKX ZRX-USDT-SWAP
Binance ZRXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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: +0.085% → +0.040%
- $4.43
- Slippage, 4 orders
- −$118.5
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$134.08
- Costs to cover
- 1.385%
- Break-even
- never at this rate
Slippage from OKX: live order book, 16 min ago; Binance: live order book, 3 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 OKX live order book, 16 min ago | 6.30 bp | 37.3 bp −$37 | 4345.1 bp −$43.5K | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 4.22 bp | 31.9 bp −$32 | 84.1 bp −$841 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ZRXUSDTshort | +0.0100% | 4h | 0.1184 | +0.085% | $1.7M | $1.4M | 50x | |
| Bybit ZRXUSDT | +0.0100% | 8h | 0.1184 | +0.085% | $1.4M | $335K | 25x | as long as short |
| OKX ZRX-USDT-SWAPlong | +0.0100% | 4h | 0.1183 | long leg | $518K | $355K | 20x | |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1183 | +0.034% | $142K | $40K | 75x | as long as short |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1185 | +0.169% | $889K | $165K | 50x | as long as short |
| KuCoin ZRXUSDTM | +0.0100% | 4h | 0.1185 | +0.169% | $298K | $57K | 30x | as long as short |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1185 | +0.169% | $594K | $135K | 50x | as long as short |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1184 | +0.085% | — | $2.3M | — | as long as short |
| Variational Omni ZRX | +0.0100% | 8h | 0.1183 | +0.001% | $22K | $13K | — | as long as short |
| BloFin ZRX-USDT | +0.0105% | 4h | 0.1185 | +0.169% | $92K | $23K | 50x | as long as short |
Bybit ZRXUSDT
Gate ZRX_USDT
MEXC ZRX_USDT
KuCoin ZRXUSDTM
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 | +0.0990% | 1h | 0.1187 | +0.365% | $38K | $5K | 10x | as long as short |
Kraken Futures PF_ZRXUSD