Funding you earn now, next payment 04:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.15 per $10,000 · paid last 24h −0.260%
Price spread now: BingX against Bybit+0.047%7-day average −0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$180as in the Funding arb table
Net, price: spread back to 7d avg − costs−$152as in the Price arb table
costs, in and out, $10k−$1621.622% of the position
Funding, last 7 days−0.182%−$18 on $10k
+Price spread, last 7 days−0.146%−$15 · spread now +0.047%, 7d avg −0.055%
=The price spread pays, funding is against you. BingX is 0.102% dearer against Bybit than usual: you sell high and buy low (spread +0.047% now, against its 7-day average of −0.055%): +$10 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 11 days. At the pace of the last 7 days (−0.182% in total) that is about 3.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ZKCUSDT | 0.04240 | 0.0100 | pay 0.0050% / 4h | 3h 59m | $893K | $702K | 25x |
| Short | BingX ZKC-USDT | 0.04242 | 0.0070 | get 0.0035% / 4h | 3h 59m | — | $2.4M | — |
Bybit ZKCUSDT
BingX ZKC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bybit. 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: +0.047% → −0.055%
- $10.18
- Slippage, 4 orders
- −$141.19
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$158.31
- Costs to cover
- 1.622%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 55 min ago; BingX: live order book, 9 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 Bybit live order book, 55 min ago | 3.57 bp | 52.7 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 3.55 bp | 25.2 bp −$25 | 93.4 bp −$934 | 1000.7 bp −$100.1K | 1364.4 bp −$682.2K |
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 | 0.04242 | +0.047% | — | $2.4M | — | |
| Aster ZKCUSDT | +0.0100% | 4h | 0.04244 | +0.100% | $5K | $2K | 5x | as long as short |
| Binance ZKCUSDT | +0.0100% | 4h | 0.04243 | +0.076% | $2.2M | $3.6M | 25x | as long as short |
| Bybit ZKCUSDTlong | +0.0100% | 4h | 0.04240 | long leg | $893K | $702K | 25x | |
| Gate ZKC_USDT | +0.0100% | 4h | 0.04243 | +0.071% | $187K | $154K | 25x | as long as short |
| MEXC ZKC_USDT | +0.0100% | 4h | 0.04247 | +0.165% | $363K | $146K | 20x | as long as short |
| KuCoin ZKCUSDTM | +0.0100% | 4h | 0.04238 | −0.047% | $257K | $53K | 25x | as long as short |
| Bitget ZKCUSDT | +0.0100% | 4h | 0.04248 | +0.189% | $431K | $197K | 25x | as long as short |
| Variational Omni ZKC | +0.0100% | 4h | 0.04240 | −0.006% | $30K | $30K | — | as long as short |
| SunX ZKC-USDT | +0.0100% | 4h | 0.04245 | +0.118% | — | $1.2M | 10x | as long as short |
Aster ZKCUSDT
Binance ZKCUSDT
Gate ZKC_USDT
MEXC ZKC_USDT
KuCoin ZKCUSDTM
Bitget ZKCUSDT
Variational Omni ZKC
SunX ZKC-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX ZKC-USDT | +0.0100% | 4h | 0.04243 | +0.071% | $6K | $339K | 20x | as long as short |
HTX ZKC-USDT