Funding you earn now, next payment 00:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.27 per $10,000 · paid last 24h +0.005%
Price spread now: BloFin against BingX+0.186%51s7-day average +0.094% · you sell dearer than you buy
Net, funding: paid 7d − costs−$103as 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−$1051.046% of the position
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 3 days (all we have)−0.414%−$41 · spread now +0.186%, 7d avg +0.094%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.092% dearer against BingX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.094%. The two prices were read 51 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 ZEREBRO-USDT | 0.03386 | 0.0412 | pay 0.0206% / 4h | 48m 26s | — | $1.3M | — |
| Short | BloFin ZEREBRO-USDT | 0.03392 | 0.0466 | get 0.0233% / 4h | 48m 26s | $265K | $12K | 10x |
BingX ZEREBRO-USDT
BloFin ZEREBRO-USDTFunding 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
- $11.39
- Price spread: +0.186% → +0.094%
- $9.18
- Slippage, 4 orders
- −$82.56
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$83.99
- Costs to cover
- 1.046%
- Break-even
- 58.6 days
Slippage from BingX: live order book, 7 min ago; BloFin: live order book, 23 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, 7 min ago | 3.39 bp | 35.0 bp −$35 | 300.1 bp −$3,001 | 518.1 bp −$51.8K | 704.5 bp −$352.3K |
| Sell BloFin live order book, 23 min ago | 1.93 bp | 17.8 bp −$18 | doesn't fit | 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 | −0.0481% | 1h | 0.03382 | −0.095% | $3K | $2K | 10x | as long as short |
| Bybit ZEREBROUSDT | +0.0100% | 4h | 0.03383 | −0.059% | $5.2M | $878K | 13x | as long as short |
| Gate ZEREBRO_USDT | +0.0100% | 4h | 0.03384 | −0.044% | $452K | $21K | 10x | as long as short |
| KuCoin ZEREBROUSDTM | +0.0100% | 4h | 0.03387 | +0.044% | $1.4M | $2.9M | 10x | as long as short |
| Variational Omni ZEREBRO | +0.0100% | 4h | 0.03388 | +0.076% | $109K | $14K | — | as long as short |
| BingX ZEREBRO-USDTlong | +0.0412% | 4h | 0.03386 | long leg | — | $1.3M | — | |
| BloFin ZEREBRO-USDTshort | +0.0466% | 4h | 0.03392 | +0.186% | $265K | $12K | 10x | |
| MEXC ZEREBRO_USDT | +0.0476% | 4h | 0.03390 | +0.145% | $7.1M | $125K | 50x | as long as short |
| Extended ZEREBRO-USD | +0.0488% | 1h | 0.03389 | +0.116% | $5K | $169K | 5x | as long as short |
| Binance ZEREBROUSDT | +0.0488% | 4h | 0.03390 | +0.127% | $4.6M | $1.3M | 10x | as long as short |
Kraken Futures PF_ZEREBROUSD
Bybit ZEREBROUSDT
Gate ZEREBRO_USDT
KuCoin ZEREBROUSDTM
Variational Omni ZEREBRO
MEXC ZEREBRO_USDT
Extended ZEREBRO-USD
Binance ZEREBROUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ZEREBROUSDT | +0.0532% | 4h | 0.03391 | +0.162% | $380K | $22K | 5x | as long as short |
Aster ZEREBROUSDT