Funding you earn now, next payment 12:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.09 per $10,000 · paid last 24h +0.007%
Price spread now: BloFin against BingX−0.021%66s7-day average −0.129% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$770.766% of the position
Funding, last 7 days+0.157%+$16 on $10k
+Price spread, last 4 days (all we have)−0.235%−$24 · spread now −0.021%, 7d avg −0.129%
=The price spread pays, funding is against you. BloFin is 0.108% dearer against BingX than usual: you sell high and buy low (spread −0.021% now, against its 7-day average of −0.129%): +$11 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 20 days. Mind the row above: over the last 7 days funding on this pair paid +0.157%, so the current rate has only just turned against you. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZAMA-USDT | 0.09399 | 0.0100 | pay 0.0050% / 4h | 3h 58m | — | $2.3M | — |
| Short | BloFin ZAMA-USDT | 0.09397 | 0.0082 | get 0.0041% / 4h | 3h 58m | $814K | $485K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- −$3.78
- Price spread: −0.021% → −0.129%
- $10.77
- Slippage, 4 orders
- −$54.58
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$69.6
- Costs to cover
- 0.766%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; BloFin: live order book, 19 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 BingX live order book, 5 min ago | 1.60 bp | 17.2 bp −$17 | 60.5 bp −$605 | 269.1 bp −$26.9K | doesn't fit |
| Sell BloFin live order book, 19 min ago | 2.14 bp | 24.5 bp −$24 | 49.9 bp −$499 | doesn't fit | doesn't fit |
ZAMA on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ZAMA-USDTshort | +0.0082% | 4h | 0.09397 | −0.021% | $814K | $485K | 50x | |
| Aster ZAMAUSDT | +0.0100% | 4h | 0.09383 | −0.169% | $311K | $1.8M | 20x | as long as short |
| Binance ZAMAUSDT | +0.0100% | 4h | 0.09385 | −0.148% | $18.5M | $111.2M | 50x | as long as short |
| Bybit ZAMAUSDT | +0.0100% | 4h | 0.09379 | −0.213% | $8.2M | $22.2M | 25x | as long as short |
| OKX ZAMA-USDT-SWAP | +0.0100% | 4h | 0.09380 | −0.202% | $5.4M | $79.1M | 20x | as long as short |
| Gate ZAMA_USDT | +0.0100% | 4h | 0.09404 | +0.053% | $968K | $5.3M | 50x | as long as short |
| MEXC ZAMA_USDT | +0.0100% | 4h | 0.09405 | +0.064% | $2.8M | $3.9M | 50x | as long as short |
| KuCoin ZAMAUSDTM | +0.0100% | 4h | 0.09413 | +0.149% | $876K | $1.1M | 50x | as long as short |
| Bitget ZAMAUSDT | +0.0100% | 4h | 0.09386 | −0.138% | $4.9M | $10.9M | 20x | as long as short |
| BingX ZAMA-USDTlong | +0.0100% | 4h | 0.09399 | long leg | — | $2.3M | — |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ZAMA | +0.0100% | 4h | 0.09401 | +0.024% | $1.1M | $582K | — | as long as short |
| SunX ZAMA-USDT | +0.0100% | 4h | 0.09410 | +0.117% | — | $734K | 20x | as long as short |
| edgeX ZAMAUSDC | +0.0118% | 4h | 0.09392 | −0.070% | $6K | $456K | 10x | as long as short |
BingX ZAMA-USDT
BloFin ZAMA-USDT
Aster ZAMAUSDT
Binance ZAMAUSDT
Bybit ZAMAUSDT
OKX ZAMA-USDT-SWAP
Gate ZAMA_USDT
MEXC ZAMA_USDT
KuCoin ZAMAUSDTM
Bitget ZAMAUSDT
Variational Omni ZAMA
SunX ZAMA-USDT
edgeX ZAMAUSDC