Funding you earn now, next payment 00:00 UTC+0.0042%/8h= +4.6% APRnext payment +$0.21 per $10,000 · paid last 24h +0.002%
Price spread now: Binance against BingX+0.193%7-day average +0.106% · you sell dearer than you buy
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1251.251% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 7 days−0.076%−$8 · spread now +0.193%, 7d avg +0.106%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.087% dearer against BingX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.106%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZEREBRO-USDT | 0.03388 | 0.0344 | pay 0.0172% / 4h | 54m 41s | — | $1.3M | — |
| Short | Binance ZEREBROUSDT | 0.03394 | 0.0386 | get 0.0193% / 4h | 54m 41s | $4.6M | $1.4M | 10x |
BingX ZEREBRO-USDT
Binance ZEREBROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $8.91
- Price spread: +0.193% → +0.106%
- $8.69
- Slippage, 4 orders
- −$105.06
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$107.46
- Costs to cover
- 1.251%
- Break-even
- 91.4 days
Slippage from BingX: live order book, 16 min ago; Binance: live order book, 13 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, 16 min ago | 5.20 bp | 31.9 bp −$32 | 275.9 bp −$2,759 | 574.6 bp −$57.5K | 769.3 bp −$384.6K |
| Sell Binance live order book, 13 min ago | 3.11 bp | 33.7 bp −$34 | 291.7 bp −$2,917 | doesn't fit | doesn't fit |
ZEREBRO 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZEREBROUSD | −0.0480% | 1h | 0.03387 | −0.018% | $3K | $2K | 10x | as long as short |
| Bybit ZEREBROUSDT | +0.0100% | 4h | 0.03388 | +0.030% | $5.2M | $877K | 13x | as long as short |
| Gate ZEREBRO_USDT | +0.0100% | 4h | 0.03378 | −0.280% | $451K | $21K | 10x | as long as short |
| KuCoin ZEREBROUSDTM | +0.0100% | 4h | 0.03384 | −0.100% | $1.4M | $2.9M | 10x | as long as short |
| Variational Omni ZEREBRO | +0.0100% | 4h | 0.03386 | −0.058% | $109K | $14K | — | as long as short |
| BingX ZEREBRO-USDTlong | +0.0344% | 4h | 0.03388 | long leg | — | $1.3M | — | |
| MEXC ZEREBRO_USDT | +0.0362% | 4h | 0.03394 | +0.180% | $7.1M | $125K | 50x | as long as short |
| BloFin ZEREBRO-USDT | +0.0365% | 4h | 0.03389 | +0.056% | $265K | $12K | 10x | as long as short |
| Extended ZEREBRO-USD | +0.0384% | 1h | 0.03392 | +0.119% | $5K | $169K | 5x | as long as short |
| Binance ZEREBROUSDTshort | +0.0386% | 4h | 0.03394 | +0.193% | $4.6M | $1.4M | 10x |
Kraken Futures PF_ZEREBROUSD
Bybit ZEREBROUSDT
Gate ZEREBRO_USDT
KuCoin ZEREBROUSDTM
Variational Omni ZEREBRO
MEXC ZEREBRO_USDT
BloFin ZEREBRO-USDT
Extended ZEREBRO-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ZEREBROUSDT | +0.0459% | 4h | 0.03391 | +0.103% | $380K | $22K | 5x | as long as short |
Aster ZEREBROUSDT