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: Binance against BingX−0.083%7-day average +0.001% · 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−$138as in the Price arb table
costs, in and out, $10k−$1301.299% of the position
Funding, last 7 days−0.033%−$3 on $10k
+Price spread, last 7 days+0.098%+$10 · spread now −0.083%, 7d avg +0.001%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.084% cheaper against BingX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZRX-USDT | 0.1206 | 0.0100 | pay 0.0050% / 4h | 52m 48s | — | $2.3M | — |
| Short | Binance ZRXUSDT | 0.1205 | 0.0100 | get 0.0050% / 4h | 52m 48s | $1.8M | $1.3M | 50x |
BingX ZRX-USDT
Binance ZRXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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: −0.083% → +0.001%
- −$8.38
- Slippage, 4 orders
- −$109.9
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$138.28
- Costs to cover
- 1.299%
- Break-even
- never at this rate
Slippage from BingX: live order book, 11 min ago; Binance: live order book, 11 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, 11 min ago | 8.30 bp | 33.5 bp −$34 | 95.3 bp −$953 | 1005.7 bp −$100.6K | 1442.3 bp −$721.1K |
| Sell Binance live order book, 11 min ago | 4.15 bp | 36.9 bp −$37 | 90.0 bp −$900 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ZRX-USDT | +0.0047% | 4h | 0.1207 | +0.083% | $96K | $23K | 50x | as long as short |
| KuCoin ZRXUSDTM | +0.0090% | 4h | 0.1206 | 0.000% | $324K | $45K | 30x | as long as short |
| Binance ZRXUSDTshort | +0.0100% | 4h | 0.1205 | −0.083% | $1.8M | $1.3M | 50x | |
| Bybit ZRXUSDT | +0.0100% | 8h | 0.1205 | −0.083% | $1.4M | $345K | 25x | as long as short |
| OKX ZRX-USDT-SWAP | +0.0100% | 4h | 0.1203 | −0.224% | $533K | $342K | 20x | as long as short |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1204 | −0.133% | $146K | $42K | 75x | as long as short |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1206 | 0.000% | $912K | $168K | 50x | as long as short |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1205 | −0.083% | $579K | $119K | 50x | as long as short |
| BingX ZRX-USDTlong | +0.0100% | 4h | 0.1206 | long leg | — | $2.3M | — | |
| Variational Omni ZRX | +0.0100% | 8h | 0.1207 | +0.066% | $23K | $18K | — | as long as short |
BloFin ZRX-USDT
KuCoin ZRXUSDTM
Bybit ZRXUSDT
OKX ZRX-USDT-SWAP
Gate ZRX_USDT
MEXC ZRX_USDT
Bitget ZRXUSDT
Variational Omni ZRXShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZRXUSD | +0.0967% | 1h | 0.1211 | +0.384% | $39K | $4K | 10x | as long as short |
Kraken Futures PF_ZRXUSD