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: OKX against BingX−0.012%7-day average +0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$890.885% of the position
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 7 days+0.042%+$4 · spread now −0.012%, 7d avg +0.066%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.078% cheaper against BingX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.066%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZBT-USDT | 0.08314 | 0.0100 | pay 0.0050% / 4h | 1h 36m | — | $1.3M | — |
| Short | OKX ZBT-USDT-SWAP | 0.08313 | 0.0100 | get 0.0050% / 4h | 1h 36m | $581K | $1.3M | 10x |
BingX ZBT-USDT
OKX ZBT-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $0
- Price spread: −0.012% → +0.066%
- −$7.76
- Slippage, 4 orders
- −$68.52
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$96.28
- Costs to cover
- 0.885%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; OKX: live order book, just now.
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, 10 min ago | 4.21 bp | 21.6 bp −$22 | 73.0 bp −$730 | 467.0 bp −$46.7K | doesn't fit |
| Sell OKX live order book, just now | 0.60 bp | 20.5 bp −$21 | 243.6 bp −$2,436 | doesn't fit | doesn't fit |
ZBT 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZBTUSD | −0.0913% | 1h | 0.08315 | +0.013% | $7K | $6K | 10x | as long as short |
| BloFin ZBT-USDT | +0.0091% | 4h | 0.08320 | +0.072% | $147K | $12K | 50x | as long as short |
| Aster ZBTUSDT | +0.0100% | 4h | 0.08325 | +0.136% | $11K | $15K | 5x | as long as short |
| Binance ZBTUSDT | +0.0100% | 4h | 0.08314 | +0.006% | $3.1M | $2.5M | 50x | as long as short |
| Bybit ZBTUSDT | +0.0100% | 4h | 0.08319 | +0.060% | $867K | $423K | 25x | as long as short |
| OKX ZBT-USDT-SWAPshort | +0.0100% | 4h | 0.08313 | −0.012% | $581K | $1.3M | 10x | |
| Gate ZBT_USDT | +0.0100% | 8h | 0.08327 | +0.156% | $537K | $534K | 50x | as long as short |
| MEXC ZBT_USDT | +0.0100% | 4h | 0.08317 | +0.036% | $1.4M | $203K | 100x | as long as short |
| KuCoin ZBTUSDTM | +0.0100% | 4h | 0.08324 | +0.120% | $714K | $9.8M | 50x | as long as short |
| Bitget ZBTUSDT | +0.0100% | 4h | 0.08322 | +0.096% | $6.0M | $136K | 10x | as long as short |
Kraken Futures PF_ZBTUSD
BloFin ZBT-USDT
Aster ZBTUSDT
Binance ZBTUSDT
Bybit ZBTUSDT
Gate ZBT_USDT
MEXC ZBT_USDT
KuCoin ZBTUSDTM
Bitget ZBTUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ZBT-USDTlong | +0.0100% | 4h | 0.08314 | long leg | — | $1.3M | — | |
| Variational Omni ZBT | +0.0100% | 4h | 0.08325 | +0.133% | $888 | $453 | — | as long as short |
| Extended ZBT-USD | +0.0104% | 1h | 0.08317 | +0.031% | $2K | $159K | 5x | as long as short |
Variational Omni ZBT
Extended ZBT-USD