Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: Bybit against BingX−0.241%7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$203as in the Funding arb table
Net, price: spread back to 7d avg − costs−$226as in the Price arb table
costs, in and out, $10k−$2072.073% of the position
Funding, last 7 days+0.038%+$4 on $10k
+Price spread, last 7 days+0.207%+$21 · spread now −0.241%, 7d avg −0.051%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.190% cheaper against BingX than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of −0.051%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZKP-USDT | 0.04978 | 0.0100 | pay 0.0050% / 4h | 7m 48s | — | $6.6M | — |
| Short | Bybit ZKPUSDT | 0.04966 | 0.0100 | get 0.0050% / 4h | 7m 48s | $1.2M | $981K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: −0.241% → −0.051%
- −$19.05
- Slippage, 4 orders
- −$186.29
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$226.34
- Costs to cover
- 2.073%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; Bybit: live order book, 3 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, 4 min ago | 5.02 bp | 28.6 bp −$29 | 91.7 bp −$917 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 7.05 bp | 73.2 bp −$73 | doesn't fit | doesn't fit | doesn't fit |
ZKP on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ZKP-USDT | +0.0062% | 4h | 0.04983 | +0.100% | $218K | $37K | 40x | as long as short |
| Binance ZKPUSDT | +0.0100% | 4h | 0.04981 | +0.063% | $2.7M | $2.7M | 40x | as long as short |
| Bybit ZKPUSDTshort | +0.0100% | 4h | 0.04966 | −0.241% | $1.2M | $981K | 25x | |
| OKX ZKP-USDT-SWAP | +0.0100% | 4h | 0.04983 | +0.100% | $334K | $550K | 20x | as long as short |
| Gate ZKP_USDT | +0.0100% | 4h | 0.04970 | −0.161% | $328K | $180K | 25x | as long as short |
| MEXC ZKP_USDT | +0.0100% | 4h | 0.04980 | +0.040% | $1.2M | $185K | 20x | as long as short |
| KuCoin ZKPUSDTM | +0.0100% | 4h | 0.04977 | −0.020% | $584K | $543K | 20x | as long as short |
| Bitget ZKPUSDT | +0.0100% | 4h | 0.04985 | +0.141% | $292K | $256K | 20x | as long as short |
| BingX ZKP-USDTlong | +0.0100% | 4h | 0.04978 | long leg | — | $6.6M | — | |
| Aster ZKPUSDT | +0.0213% | 4h | 0.04977 | −0.012% | $24K | $80K | 5x | as long as short |
BingX ZKP-USDT
Bybit ZKPUSDT
BloFin ZKP-USDT
Binance ZKPUSDT
OKX ZKP-USDT-SWAP
Gate ZKP_USDT
MEXC ZKP_USDT
KuCoin ZKPUSDTM
Bitget ZKPUSDT
Aster ZKPUSDT