Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.039%
Price spread now: OKX against BingX+0.009%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$630.625% of the position
Funding, last 7 days−0.086%−$9 on $10k
+Price spread, last 7 days+0.028%+$3 · spread now +0.009%, 7d avg +0.015%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZRO-USDT | 1.1570 | 0.0100 | pay 0.0050% / 4h | 2h 23m | — | $16.5M | — |
| Short | OKX ZRO-USDT-SWAP | 1.1571 | 0.0100 | get 0.0050% / 4h | 2h 23m | $3.1M | $7.7M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.009% → +0.015%
- −$0.62
- Slippage, 4 orders
- −$42.51
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$63.13
- Costs to cover
- 0.625%
- Break-even
- never at this rate
Slippage from BingX: live order book, 15 min ago; OKX: 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 BingX live order book, 15 min ago | 2.59 bp | 9.2 bp −$9 | 12.8 bp −$128 | 26.1 bp −$2,613 | 48.9 bp −$24.5K |
| Sell OKX live order book, 5 min ago | 1.73 bp | 21.0 bp −$21 | 79.5 bp −$795 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ZRO-USD | +0.0010% | 1h | 1.1585 | +0.127% | $21K | $5K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0067% | 4h | 1.1579 | +0.078% | $20K | $4K | 10x | as long as short |
| BloFin ZRO-USDT | +0.0090% | 4h | 1.1560 | −0.086% | $1.0M | $247K | 75x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1599 | +0.250% | $4.3M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1581 | +0.095% | $36.7M | $5.5M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1578 | +0.072% | $156K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1581 | +0.099% | $136K | $176K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1574 | +0.036% | $21.6M | $29.4M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1572 | +0.017% | $17.7M | $13.6M | 50x | as long as short |
| OKX ZRO-USDT-SWAPshort | +0.0100% | 4h | 1.1571 | +0.009% | $3.1M | $7.7M | 20x |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ZRO_USDT | +0.0100% | 4h | 1.1560 | −0.086% | $1.3M | $1.5M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1573 | +0.026% | $19.0M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1569 | −0.009% | $2.3M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1560 | −0.086% | $2.6M | $2.5M | 75x | as long as short |
| BingX ZRO-USDTlong | +0.0100% | 4h | 1.1570 | long leg | — | $16.5M | — | |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1592 | +0.190% | $94K | $219K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1540 | −0.263% | $2.2M | $809K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1550 | −0.173% | $39K | $677K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1579 | +0.078% | $101K | $815K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1570 | 0.000% | $20K | — | 3x | as long as short |
| 01 Exchange ZROUSD | +0.0112% | 1h | 1.1571 | +0.008% | $4K | $5K | 5x | as long as short |
| Nado ZRO-PERP | +0.0201% | 1h | 1.1573 | +0.024% | $1.3M | $126K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1571 | +0.010% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0710% | 1h | 1.1582 | +0.105% | $251K | $335K | 25x | as long as short |
| Extended ZRO-USD | +0.1000% | 1h | 1.1573 | +0.025% | $791K | $625K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1343% | 1h | 1.1610 | +0.346% | $12K | $260K | 12x | as long as short |
BingX ZRO-USDT
OKX ZRO-USDT-SWAP
BloFin ZRO-USDT
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDT
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
01 Exchange ZROUSD
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP