Funding you earn now, next payment 04:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.15 per $10,000 · paid last 24h +0.871%
Price spread now: BingX against Bitget−0.095%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$159as in the Price arb table
costs, in and out, $10k−$1511.514% of the position
Funding, last 7 days+0.663%+$66 on $10k
+Price spread, last 4 days (all we have)+0.121%+$12 · spread now −0.095%, 7d avg −0.022%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.073% cheaper against Bitget than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.022%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.663%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ZKCUSDT | 0.04201 | 0.0100 | pay 0.0050% / 4h | 53m 24s | $427K | $190K | 25x |
| Short | BingX ZKC-USDT | 0.04197 | 0.0070 | get 0.0035% / 4h | 53m 24s | — | $2.4M | — |
Bitget ZKCUSDT
BingX ZKC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bitget. 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
- −$6.3
- Price spread: −0.095% → −0.022%
- −$7.35
- Slippage, 4 orders
- −$129.37
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$165.02
- Costs to cover
- 1.514%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 62 min ago; BingX: live order book, 11 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 Bitget live order book, 62 min ago | 4.76 bp | 52.8 bp −$53 | 302.6 bp −$3,026 | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 3.57 bp | 27.3 bp −$27 | 96.8 bp −$968 | 1104.9 bp −$110.5K | 1390.0 bp −$695.0K |
ZKC 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX ZKC-USDTshort | +0.0070% | 4h | 0.04197 | −0.095% | — | $2.4M | — | |
| Aster ZKCUSDT | +0.0100% | 4h | 0.04199 | −0.052% | $5K | $2K | 5x | as long as short |
| Binance ZKCUSDT | +0.0100% | 4h | 0.04198 | −0.067% | $2.2M | $3.5M | 25x | as long as short |
| Gate ZKC_USDT | +0.0100% | 4h | 0.04203 | +0.048% | $186K | $151K | 25x | as long as short |
| MEXC ZKC_USDT | +0.0100% | 4h | 0.04198 | −0.071% | $360K | $143K | 20x | as long as short |
| KuCoin ZKCUSDTM | +0.0100% | 4h | 0.04205 | +0.095% | $255K | $53K | 25x | as long as short |
| Bitget ZKCUSDTlong | +0.0100% | 4h | 0.04201 | long leg | $427K | $190K | 25x | |
| SunX ZKC-USDT | +0.0100% | 4h | 0.04205 | +0.095% | — | $1.1M | 10x | as long as short |
| HTX ZKC-USDT | +0.0100% | 4h | 0.04198 | −0.071% | $5K | $337K | 20x | as long as short |
| Variational Omni ZKC | +0.0550% | 4h | 0.04198 | −0.076% | $30K | $30K | — | as long as short |
Aster ZKCUSDT
Binance ZKCUSDT
Gate ZKC_USDT
MEXC ZKC_USDT
KuCoin ZKCUSDTM
SunX ZKC-USDT
HTX ZKC-USDT
Variational Omni ZKCShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZKCUSDT | +0.0572% | 4h | 0.04190 | −0.262% | $886K | $684K | 25x | as long as short |
Bybit ZKCUSDT