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: Bitget against BingX−0.165%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$154as in the Funding arb table
Net, price: spread back to 7d avg − costs−$161as in the Price arb table
costs, in and out, $10k−$1481.484% of the position
Funding, last 7 days−0.061%−$6 on $10k
+Price spread, last 4 days (all we have)+0.136%+$14 · spread now −0.165%, 7d avg −0.040%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.126% cheaper against BingX than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.040%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZRX-USDT | 0.1210 | 0.0100 | pay 0.0050% / 4h | 2h 32m | — | $2.3M | — |
| Short | Bitget ZRXUSDT | 0.1208 | 0.0100 | get 0.0050% / 4h | 2h 32m | $581K | $120K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: −0.165% → −0.040%
- −$12.55
- Slippage, 4 orders
- −$126.37
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$160.92
- Costs to cover
- 1.484%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; Bitget: live order book, 32 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, 6 min ago | 8.31 bp | 31.4 bp −$31 | 104.4 bp −$1,044 | 639.5 bp −$64.0K | 1033.1 bp −$516.5K |
| Sell Bitget live order book, 32 min ago | 8.26 bp | 43.8 bp −$44 | 120.5 bp −$1,205 | doesn't fit | doesn't fit |
ZRX on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ZRXUSDT | +0.0100% | 4h | 0.1211 | +0.083% | $1.8M | $1.3M | 50x | as long as short |
| Bybit ZRXUSDT | +0.0100% | 8h | 0.1210 | −0.041% | $1.4M | $378K | 25x | as long as short |
| OKX ZRX-USDT-SWAP | +0.0100% | 4h | 0.1210 | +0.033% | $534K | $312K | 20x | as long as short |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1209 | −0.083% | $145K | $45K | 75x | as long as short |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1210 | 0.000% | $929K | $171K | 50x | as long as short |
| KuCoin ZRXUSDTM | +0.0100% | 4h | 0.1208 | −0.165% | $325K | $47K | 30x | as long as short |
| Bitget ZRXUSDTshort | +0.0100% | 4h | 0.1208 | −0.165% | $581K | $120K | 50x | |
| BingX ZRX-USDTlong | +0.0100% | 4h | 0.1210 | long leg | — | $2.3M | — | |
| Variational Omni ZRX | +0.0100% | 8h | 0.1212 | +0.146% | $23K | $41K | — | as long as short |
| Kraken Futures PF_ZRXUSD | +0.1932% | 1h | 0.1215 | +0.385% | $40K | $4K | 10x | as long as short |
BingX ZRX-USDT
Bitget ZRXUSDT
Binance ZRXUSDT
Bybit ZRXUSDT
OKX ZRX-USDT-SWAP
Gate ZRX_USDT
MEXC ZRX_USDT
KuCoin ZRXUSDTM
Variational Omni ZRX
Kraken Futures PF_ZRXUSD