Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Binance−0.165%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1361.365% of the position
Funding, last 7 days+0.033%+$3 on $10k
+Price spread, last 7 days+0.150%+$15 · spread now −0.165%, 7d avg 0.000%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.165% cheaper against Binance than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of 0.000%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZRXUSDT | 0.1212 | 0.0100 | pay 0.0050% / 4h | 3m 15s | $1.8M | $1.3M | 50x |
| Short | BingX ZRX-USDT | 0.1210 | 0.0100 | get 0.0050% / 4h | 3m 15s | — | $2.3M | — |
Binance ZRXUSDT
BingX ZRX-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: −0.165% → 0.000%
- −$16.49
- Slippage, 4 orders
- −$116.45
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$152.94
- Costs to cover
- 1.365%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; BingX: 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 Binance live order book, 15 min ago | 8.29 bp | 33.1 bp −$33 | 240.4 bp −$2,404 | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 8.27 bp | 31.7 bp −$32 | 76.9 bp −$769 | 421.7 bp −$42.2K | 913.3 bp −$456.7K |
ZRX on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZRXUSDTM | +0.0092% | 4h | 0.1209 | −0.248% | $325K | $49K | 30x | as long as short |
| Binance ZRXUSDTlong | +0.0100% | 4h | 0.1212 | long leg | $1.8M | $1.3M | 50x | |
| Bybit ZRXUSDT | +0.0100% | 8h | 0.1210 | −0.157% | $1.4M | $339K | 25x | as long as short |
| OKX ZRX-USDT-SWAP | +0.0100% | 4h | 0.1211 | −0.107% | $531K | $346K | 20x | as long as short |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1207 | −0.413% | $146K | $42K | 75x | as long as short |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1212 | 0.000% | $916K | $170K | 50x | as long as short |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1209 | −0.248% | $581K | $121K | 50x | as long as short |
| BingX ZRX-USDTshort | +0.0100% | 4h | 0.1210 | −0.165% | — | $2.3M | — | |
| Variational Omni ZRX | +0.0100% | 8h | 0.1207 | −0.430% | $23K | $15K | — | as long as short |
| BloFin ZRX-USDT | +0.0158% | 4h | 0.1210 | −0.165% | $95K | $23K | 50x | as long as short |
KuCoin ZRXUSDTM
Bybit ZRXUSDT
OKX ZRX-USDT-SWAP
Gate ZRX_USDT
MEXC ZRX_USDT
Bitget ZRXUSDT
Variational Omni ZRX
BloFin ZRX-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZRXUSD | +0.0965% | 1h | 0.1213 | +0.080% | $39K | $4K | 10x | as long as short |
Kraken Futures PF_ZRXUSD