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: Binance against Bitget+0.084%7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$980.975% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.133%+$13 · spread now +0.084%, 7d avg +0.053%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.031% dearer against Bitget than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.053%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ZRXUSDT | 0.1194 | 0.0100 | pay 0.0050% / 4h | 2h 15m | $580K | $154K | 50x |
| Short | Binance ZRXUSDT | 0.1195 | 0.0100 | get 0.0050% / 4h | 2h 15m | $1.8M | $1.1M | 50x |
Bitget ZRXUSDT
Binance ZRXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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: +0.084% → +0.053%
- $3.07
- Slippage, 4 orders
- −$75.51
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$94.44
- Costs to cover
- 0.975%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; Binance: live order book, 4 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 Bitget live order book, 5 min ago | 8.38 bp | 26.8 bp −$27 | 135.3 bp −$1,353 | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 4.19 bp | 22.6 bp −$23 | 71.3 bp −$713 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZRXUSDT | −0.0071% | 8h | 0.1194 | −0.017% | $1.4M | $337K | 25x | as long as short |
| Binance ZRXUSDTshort | +0.0100% | 4h | 0.1195 | +0.084% | $1.8M | $1.1M | 50x | |
| OKX ZRX-USDT-SWAP | +0.0100% | 4h | 0.1196 | +0.142% | $531K | $233K | 20x | as long as short |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1194 | −0.017% | $146K | $40K | 75x | as long as short |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1194 | 0.000% | $886K | $163K | 50x | as long as short |
| KuCoin ZRXUSDTM | +0.0100% | 4h | 0.1194 | 0.000% | $331K | $57K | 30x | as long as short |
| Bitget ZRXUSDTlong | +0.0100% | 4h | 0.1194 | long leg | $580K | $154K | 50x | |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1196 | +0.168% | — | $2.3M | — | as long as short |
| Variational Omni ZRX | +0.0100% | 8h | 0.1193 | −0.084% | $29K | $35K | — | as long as short |
| BloFin ZRX-USDT | +0.0149% | 4h | 0.1193 | −0.084% | $95K | $19K | 50x | as long as short |
Bybit ZRXUSDT
OKX ZRX-USDT-SWAP
Gate ZRX_USDT
MEXC ZRX_USDT
KuCoin ZRXUSDTM
BingX ZRX-USDT
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 | +0.0363% | 1h | 0.1197 | +0.251% | $40K | $2K | 10x | as long as short |
Kraken Futures PF_ZRXUSD