Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Binance−0.054%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$430.435% of the position
Funding, last 7 days+0.029%+$3 on $10k
+Price spread, last 7 days+0.082%+$8 · spread now −0.054%, 7d avg −0.002%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.052% cheaper against Binance than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.002%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZROUSDT | 1.1746 | 0.0100 | pay 0.0050% / 4h | 2h 50m | $22.2M | $34.4M | 75x |
| Short | BingX ZRO-USDT | 1.1740 | 0.0100 | get 0.0050% / 4h | 2h 50m | — | $10.9M | — |
Binance ZROUSDT
BingX ZRO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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: −0.054% → −0.002%
- −$5.2
- Slippage, 4 orders
- −$23.46
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$48.66
- Costs to cover
- 0.435%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; BingX: live order book, 2 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 Binance live order book, 6 min ago | 0.43 bp | 12.0 bp −$12 | 27.7 bp −$277 | 286.2 bp −$28.6K | doesn't fit |
| Sell BingX live order book, 2 min ago | 1.70 bp | 8.8 bp −$9 | 11.9 bp −$119 | 27.8 bp −$2,779 | 56.1 bp −$28.0K |
ZRO on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ZROUSD | −0.0168% | 1h | 1.1711 | −0.298% | $7K | $3K | 5x | as long as short |
| Bybit ZROUSDT | −0.0051% | 4h | 1.1735 | −0.096% | $18.0M | $16.3M | 50x | as long as short |
| Orderly PERP_ZRO_USDC | −0.0039% | 4h | 1.1745 | −0.011% | $21K | $7K | 10x | as long as short |
| OKX ZRO-USDT-SWAP | −0.0010% | 4h | 1.1744 | −0.020% | $3.2M | $9.2M | 20x | as long as short |
| dYdX ZRO-USD | 0.0000% | 1h | 1.1747 | +0.010% | $21K | $2K | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1755 | +0.074% | $37.3M | $7.1M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1748 | +0.017% | $157K | $162K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1747 | +0.004% | $143K | $201K | 5x | as long as short |
| Binance ZROUSDTlong | +0.0100% | 4h | 1.1746 | long leg | $22.2M | $34.4M | 75x | |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1730 | −0.139% | $1.3M | $2.0M | 75x | as long as short |
01 Exchange ZROUSD
Bybit ZROUSDT
Orderly PERP_ZRO_USDC
OKX ZRO-USDT-SWAP
dYdX ZRO-USD
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Gate ZRO_USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1749 | +0.023% | $19.0M | $3.5M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1736 | −0.088% | $2.6M | $1.5M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1738 | −0.071% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDTshort | +0.0100% | 4h | 1.1740 | −0.054% | — | $10.9M | — | |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1745 | −0.011% | $92K | $209K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1766 | +0.167% | $2.2M | $893K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1770 | +0.202% | $37K | $680K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1743 | −0.028% | $86K | $1.0M | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1756 | +0.084% | $21K | — | 3x | as long as short |
| Lighter ZRO | +0.0144% | 1h | 1.1758 | +0.099% | $4.6M | $1.2M | 5x | as long as short |
| BloFin ZRO-USDT | +0.0157% | 4h | 1.1738 | −0.071% | $1.1M | $264K | 75x | as long as short |
| Nado ZRO-PERP | +0.0251% | 1h | 1.1727 | −0.166% | $1.3M | $131K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0291% / S −0.2341% | 1h | 1.1751 | +0.036% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0319% | 1h | 1.1751 | +0.038% | $249K | $574K | 25x | as long as short |
| Extended ZRO-USD | +0.0672% | 1h | 1.1740 | −0.056% | $780K | $560K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1237% | 1h | 1.1790 | +0.372% | $12K | $145K | 12x | as long as short |
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
Lighter ZRO
BloFin ZRO-USDT
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP