Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: BingX against Bitget−0.040%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$166as in the Funding arb table
Net, price: spread back to 7d avg − costs−$164as in the Price arb table
costs, in and out, $10k−$1621.619% of the position
Funding, last 7 days−0.042%−$4 on $10k
+Price spread, last 4 days (all we have)−0.004%$0 · spread now −0.040%, 7d avg −0.022%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ZKPUSDT | 0.05041 | 0.0100 | pay 0.0050% / 4h | 28m 59s | $319K | $282K | 20x |
| Short | BingX ZKP-USDT | 0.05039 | 0.0100 | get 0.0050% / 4h | 28m 59s | — | $6.6M | — |
Bitget ZKPUSDT
BingX ZKP-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
- $0
- Price spread: −0.040% → −0.022%
- −$1.73
- Slippage, 4 orders
- −$139.89
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$163.62
- Costs to cover
- 1.619%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 21 min ago; BingX: live order book, 8 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, 21 min ago | 5.99 bp | 56.6 bp −$57 | 654.6 bp −$6,546 | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 4.99 bp | 32.2 bp −$32 | 113.2 bp −$1,132 | 1052.0 bp −$105.2K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ZKPUSDT | +0.0100% | 4h | 0.05043 | +0.045% | $2.7M | $2.9M | 40x | as long as short |
| Bybit ZKPUSDT | +0.0100% | 4h | 0.05041 | 0.000% | $1.2M | $1.0M | 25x | as long as short |
| OKX ZKP-USDT-SWAP | +0.0100% | 4h | 0.05040 | −0.020% | $323K | $583K | 20x | as long as short |
| Gate ZKP_USDT | +0.0100% | 4h | 0.05040 | −0.020% | $324K | $180K | 25x | as long as short |
| MEXC ZKP_USDT | +0.0100% | 4h | 0.05041 | 0.000% | $1.2M | $207K | 20x | as long as short |
| KuCoin ZKPUSDTM | +0.0100% | 4h | 0.05041 | 0.000% | $587K | $517K | 20x | as long as short |
| Bitget ZKPUSDTlong | +0.0100% | 4h | 0.05041 | long leg | $319K | $282K | 20x | |
| BingX ZKP-USDTshort | +0.0100% | 4h | 0.05039 | −0.040% | — | $6.6M | — | |
| BloFin ZKP-USDT | +0.0155% | 4h | 0.05043 | +0.040% | $221K | $45K | 40x | as long as short |
| Aster ZKPUSDT | +0.0162% | 4h | 0.05041 | +0.001% | $27K | $83K | 5x | as long as short |
Binance ZKPUSDT
Bybit ZKPUSDT
OKX ZKP-USDT-SWAP
Gate ZKP_USDT
MEXC ZKP_USDT
KuCoin ZKPUSDTM
BloFin ZKP-USDT
Aster ZKPUSDT