Funding you earn now, next payment 04:00 UTC+0.0033%/8h= +3.7% APRnext payment +$0.17 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against BingX+0.083%66s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.044%−$4 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.083% dearer against BingX than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZRX-USDT | 0.1199 | 0.0100 | pay 0.0050% / 4h | 3h 40m | — | $2.3M | — |
| Short | BloFin ZRX-USDT | 0.1200 | 0.0133 | get 0.0067% / 4h | 3h 40m | $94K | $19K | 50x |
BingX ZRX-USDT
BloFin ZRX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $7.03
- Price spread: +0.083% → 0.000%
- $8.34
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$6.63
- Costs to cover
- 0.220%
- Break-even
- 13.6 days
Slippage unknown: BingX: live order book, 3 min ago; BloFin: no order-book sample. Net counts fees only.
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, 3 min ago | 12.51 bp | 41.8 bp −$42 | 107.6 bp −$1,076 | 608.9 bp −$60.9K | 996.6 bp −$498.3K |
| Sell BloFin no order-book sample | — | — | — | — | — |
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0042% | 4h | 0.1195 | −0.334% | $327K | $59K | 30x | as long as short |
| Binance ZRXUSDT | +0.0100% | 4h | 0.1197 | −0.128% | $1.8M | $1.2M | 50x | as long as short |
| Bybit ZRXUSDT | +0.0100% | 8h | 0.1198 | −0.083% | $1.4M | $337K | 25x | as long as short |
| OKX ZRX-USDT-SWAP | +0.0100% | 4h | 0.1198 | −0.083% | $532K | $267K | 20x | as long as short |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1198 | −0.075% | $146K | $41K | 75x | as long as short |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1197 | −0.167% | $897K | $158K | 50x | as long as short |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1197 | −0.167% | $581K | $119K | 50x | as long as short |
| BingX ZRX-USDTlong | +0.0100% | 4h | 0.1199 | long leg | — | $2.3M | — | |
| Variational Omni ZRX | +0.0100% | 8h | 0.1199 | −0.020% | $23K | $41K | — | as long as short |
| BloFin ZRX-USDTshort | +0.0133% | 4h | 0.1200 | +0.083% | $94K | $19K | 50x |
KuCoin ZRXUSDTM
Binance ZRXUSDT
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 | +0.0633% | 1h | 0.1200 | +0.069% | $39K | $4K | 10x | as long as short |
Kraken Futures PF_ZRXUSD