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 Gate−0.118%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$686as in the Funding arb table
Net, price: spread back to 7d avg − costs−$752as in the Price arb table
costs, in and out, $10k−$7427.423% of the position
Funding, last 7 days+0.566%+$57 on $10k
+Price spread, last 4 days (all we have)+0.131%+$13 · spread now −0.118%, 7d avg −0.020%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.098% cheaper against Gate than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.020%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.566%, 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 | Gate ZKC_USDT | 0.04231 | 0.0100 | pay 0.0050% / 4h | 3m 59s | $187K | $154K | 25x |
| Short | BingX ZKC-USDT | 0.04226 | 0.0070 | get 0.0035% / 4h | 3m 59s | — | $2.4M | — |
Gate ZKC_USDT
BingX ZKC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Gate. 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: −0.118% → −0.020%
- −$9.79
- Slippage, 4 orders
- −$717.26
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$758.35
- Costs to cover
- 7.423%
- Break-even
- never at this rate
Slippage from Gate: live order book, 47 min ago; BingX: live order book, 5 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 Gate live order book, 47 min ago | 2.39 bp | 295.3 bp −$295 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 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 | 0.04226 | −0.118% | — | $2.4M | — | |
| Aster ZKCUSDT | +0.0100% | 4h | 0.04234 | +0.059% | $5K | $2K | 5x | as long as short |
| Binance ZKCUSDT | +0.0100% | 4h | 0.04234 | +0.067% | $2.2M | $3.6M | 25x | as long as short |
| Gate ZKC_USDTlong | +0.0100% | 4h | 0.04231 | long leg | $187K | $154K | 25x | |
| MEXC ZKC_USDT | +0.0100% | 4h | 0.04235 | +0.095% | $362K | $146K | 20x | as long as short |
| KuCoin ZKCUSDTM | +0.0100% | 4h | 0.04230 | −0.024% | $256K | $53K | 25x | as long as short |
| Bitget ZKCUSDT | +0.0100% | 4h | 0.04237 | +0.142% | $430K | $196K | 25x | as long as short |
| Variational Omni ZKC | +0.0100% | 4h | 0.04216 | −0.348% | $30K | $30K | — | as long as short |
| SunX ZKC-USDT | +0.0100% | 4h | 0.04220 | −0.260% | — | $1.1M | 10x | as long as short |
| HTX ZKC-USDT | +0.0100% | 4h | 0.04226 | −0.118% | $5K | $339K | 20x | as long as short |
Aster ZKCUSDT
Binance ZKCUSDT
MEXC ZKC_USDT
KuCoin ZKCUSDTM
Bitget ZKCUSDT
Variational Omni ZKC
SunX ZKC-USDT
HTX ZKC-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZKCUSDT | +0.0107% | 4h | 0.04232 | +0.024% | $893K | $701K | 25x | as long as short |
Bybit ZKCUSDT