Funding you earn now, next payment 08:00 UTC+0.0025%/8h= +2.7% APRnext payment +$0.12 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against BloFin−0.223%96s7-day average −0.098% · you buy dearer than you sell
Net, funding: paid 7d − costs−$97as 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−$960.959% of the position
Funding, last 7 days−0.015%−$2 on $10k
+Price spread, last 4 days (all we have)+0.349%+$35 · spread now −0.223%, 7d avg −0.098%
=Funding pays, the price is against you. BingX is 0.126% cheaper against BloFin than usual: you would sell low and buy high (spread −0.223% now, against its 7-day average of −0.098%). If the spread goes back, that is −$13 on $10k: about 17 days of funding at the current rate (+$1 a day). The two prices were read 96 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 | BloFin ZEREBRO-USDT | 0.03401 | 0.0385 | pay 0.0193% / 4h | 39m 23s | $270K | $12K | 10x |
| Short | BingX ZEREBRO-USDT | 0.03393 | 0.0410 | get 0.0205% / 4h | 39m 23s | — | $1.3M | — |
BloFin ZEREBRO-USDT
BingX ZEREBRO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- $5.18
- Price spread: −0.223% → −0.098%
- −$12.57
- Slippage, 4 orders
- −$73.88
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$103.27
- Costs to cover
- 0.959%
- Break-even
- 146.6 days
Slippage from BloFin: live order book, 32 min ago; BingX: live order book, 6 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 BloFin live order book, 32 min ago | 1.91 bp | 22.8 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 5.61 bp | 28.0 bp −$28 | 172.6 bp −$1,726 | 535.4 bp −$53.5K | 727.3 bp −$363.7K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZEREBROUSDT | +0.0100% | 4h | 0.03388 | −0.371% | $5.2M | $917K | 13x | as long as short |
| Gate ZEREBRO_USDT | +0.0100% | 4h | 0.03386 | −0.429% | $454K | $25K | 10x | as long as short |
| Variational Omni ZEREBRO | +0.0100% | 4h | 0.03394 | −0.199% | $108K | $15K | — | as long as short |
| KuCoin ZEREBROUSDTM | +0.0114% | 4h | 0.03387 | −0.391% | $1.4M | $2.9M | 10x | as long as short |
| Kraken Futures PF_ZEREBROUSD | +0.0278% | 1h | 0.03389 | −0.340% | $3K | $2K | 10x | as long as short |
| BloFin ZEREBRO-USDTlong | +0.0385% | 4h | 0.03401 | long leg | $270K | $12K | 10x | |
| BingX ZEREBRO-USDTshort | +0.0410% | 4h | 0.03393 | −0.223% | — | $1.3M | — | |
| Extended ZEREBRO-USD | +0.0448% | 1h | 0.03389 | −0.349% | $3K | $221K | 5x | as long as short |
| MEXC ZEREBRO_USDT | +0.0448% | 4h | 0.03390 | −0.323% | $7.1M | $126K | 50x | as long as short |
| Binance ZEREBROUSDT | +0.0456% | 4h | 0.03389 | −0.351% | $4.6M | $1.5M | 10x | as long as short |
Bybit ZEREBROUSDT
Gate ZEREBRO_USDT
Variational Omni ZEREBRO
KuCoin ZEREBROUSDTM
Kraken Futures PF_ZEREBROUSD
Extended ZEREBRO-USD
MEXC ZEREBRO_USDT
Binance ZEREBROUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ZEREBROUSDT | +0.0459% | 4h | 0.03402 | +0.027% | $381K | $41K | 5x | as long as short |
Aster ZEREBROUSDT