Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against OKX−0.059%7-day average +0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$151as in the Price arb table
costs, in and out, $10k−$1421.418% of the position
Funding, last 7 days+0.075%+$8 on $10k
+Price spread, last 4 days (all we have)−0.188%−$19 · spread now −0.059%, 7d avg +0.038%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.097% cheaper against OKX than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ZRX-USDT-SWAP | 0.1194 | 0.0100 | pay 0.0050% / 4h | 1h 59m | $530K | $236K | 20x |
| Short | BingX ZRX-USDT | 0.1193 | 0.0100 | get 0.0050% / 4h | 1h 59m | — | $2.3M | — |
OKX ZRX-USDT-SWAP
BingX ZRX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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: −0.059% → +0.038%
- −$9.67
- Slippage, 4 orders
- −$121.79
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$151.46
- Costs to cover
- 1.418%
- Break-even
- never at this rate
Slippage from OKX: live order book, 21 min ago; BingX: 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, 21 min ago | 0.84 bp | 35.5 bp −$36 | 6053.5 bp −$60.5K | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 4.19 bp | 39.7 bp −$40 | 78.8 bp −$788 | 376.7 bp −$37.7K | 842.4 bp −$421.2K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZRXUSDT | −0.0116% | 8h | 0.1192 | −0.126% | $1.4M | $327K | 25x | as long as short |
| Binance ZRXUSDT | +0.0100% | 4h | 0.1192 | −0.142% | $1.8M | $1.2M | 50x | as long as short |
| OKX ZRX-USDT-SWAPlong | +0.0100% | 4h | 0.1194 | long leg | $530K | $236K | 20x | |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1193 | −0.034% | $146K | $40K | 75x | as long as short |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1192 | −0.142% | $884K | $160K | 50x | as long as short |
| KuCoin ZRXUSDTM | +0.0100% | 4h | 0.1191 | −0.226% | $330K | $57K | 30x | as long as short |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1191 | −0.226% | $579K | $128K | 50x | as long as short |
| BingX ZRX-USDTshort | +0.0100% | 4h | 0.1193 | −0.059% | — | $2.3M | — | |
| Variational Omni ZRX | +0.0100% | 8h | 0.1192 | −0.164% | $29K | $35K | — | as long as short |
| BloFin ZRX-USDT | +0.0136% | 4h | 0.1191 | −0.226% | $95K | $19K | 50x | as long as short |
Bybit ZRXUSDT
Binance ZRXUSDT
Gate ZRX_USDT
MEXC ZRX_USDT
KuCoin ZRXUSDTM
Bitget ZRXUSDT
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 | +0.0364% | 1h | 0.1194 | +0.028% | $40K | $2K | 10x | as long as short |
Kraken Futures PF_ZRXUSD