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: Bitget against Bybit+0.110%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$660.656% of the position
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 7 days−0.079%−$8 · spread now +0.110%, 7d avg +0.005%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.104% dearer against Bybit than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ZROUSDT | 1.1839 | 0.0100 | pay 0.0050% / 4h | 1h 54m | $18.1M | $15.0M | 50x |
| Short | Bitget ZROUSDT | 1.1852 | 0.0100 | get 0.0050% / 4h | 1h 54m | $2.7M | $2.4M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Bybit. 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: +0.110% → +0.005%
- $10.45
- Slippage, 4 orders
- −$42.6
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$55.16
- Costs to cover
- 0.656%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Bitget: 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 Bybit live order book, 4 min ago | 0.42 bp | 15.6 bp −$16 | 47.5 bp −$475 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 2.11 bp | 19.7 bp −$20 | 41.9 bp −$419 | 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ZROUSD | −0.0472% | 1h | 1.1844 | +0.045% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | −0.0058% | 4h | 1.1846 | +0.059% | $21K | $7K | 10x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0059% | 1h | 1.1873 | +0.284% | $252K | $563K | 25x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1856 | +0.144% | $4.5M | $1.5M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1861 | +0.186% | $37.6M | $6.2M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1858 | +0.161% | $158K | $160K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1855 | +0.139% | $139K | $190K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1839 | +0.004% | $22.3M | $32.1M | 75x | as long as short |
| Bybit ZROUSDTlong | +0.0100% | 4h | 1.1839 | long leg | $18.1M | $15.0M | 50x | |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1840 | +0.008% | $3.2M | $8.6M | 20x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ZRO_USDT | +0.0100% | 4h | 1.1840 | +0.008% | $1.3M | $1.8M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1841 | +0.017% | $19.1M | $3.1M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1854 | +0.127% | $2.9M | $1.8M | 50x | as long as short |
| Bitget ZROUSDTshort | +0.0100% | 4h | 1.1852 | +0.110% | $2.7M | $2.4M | 75x | |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1840 | +0.008% | — | $10.9M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1867 | +0.237% | $95K | $205K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1837 | −0.013% | $2.3M | $859K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1820 | −0.160% | $37K | $683K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1855 | +0.135% | $88K | $906K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1860 | +0.177% | $21K | — | 3x | as long as short |
| dYdX ZRO-USD | +0.0105% | 1h | 1.1859 | +0.173% | $21K | $2K | 5x | as long as short |
| Nado ZRO-PERP | +0.0138% | 1h | 1.1854 | +0.127% | $1.3M | $126K | 5x | as long as short |
| BloFin ZRO-USDT | +0.0153% | 4h | 1.1859 | +0.169% | $1.1M | $264K | 75x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0296% / S −0.2416% | 1h | 1.1859 | +0.170% | $3K | — | 100x | as long as short |
| Injective ZRO/USDC PERP | +0.0980% | 1h | 1.1890 | +0.431% | $12K | $218K | 12x | as long as short |
| Extended ZRO-USD | +0.2112% | 1h | 1.1848 | +0.076% | $784K | $539K | 10x | as long as short |
Bybit ZROUSDT
Bitget ZROUSDT
01 Exchange ZROUSD
Kraken Futures PF_ZROUSD
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
OKX ZRO-USDT-SWAP
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
BloFin ZRO-USDT
GMX ZRO/USD [ETH-USDC]
Injective ZRO/USDC PERP
Extended ZRO-USD