Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.033%
Price spread now: Bybit against Bitget+0.141%7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$217as in the Funding arb table
Net, price: spread back to 7d avg − costs−$180as in the Price arb table
costs, in and out, $10k−$1891.886% of the position
Funding, last 7 days−0.289%−$29 on $10k
+Price spread, last 4 days (all we have)+0.120%+$12 · spread now +0.141%, 7d avg +0.059%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.081% dearer against Bitget than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.059%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ZRXUSDT | 0.1207 | 0.0100 | pay 0.0050% / 4h | 4m 59s | $580K | $121K | 50x |
| Short | Bybit ZRXUSDT | 0.1209 | 0.0100 | get 0.0100% / 8h | 4h 04m | $1.4M | $339K | 25x |
Bitget ZRXUSDT
Bybit ZRXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.141% → +0.059%
- $8.14
- Slippage, 4 orders
- −$165.56
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$180.42
- Costs to cover
- 1.886%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 50 min ago; Bybit: live order book, 1 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, 50 min ago | 8.30 bp | 37.8 bp −$38 | 150.6 bp −$1,506 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 7.87 bp | 62.6 bp −$63 | 207.7 bp −$2,077 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZRXUSDTM | +0.0086% | 4h | 0.1208 | +0.083% | $325K | $49K | 30x | as long as short |
| Binance ZRXUSDT | +0.0100% | 4h | 0.1209 | +0.161% | $1.8M | $1.3M | 50x | as long as short |
| Bybit ZRXUSDTshort | +0.0100% | 8h | 0.1209 | +0.141% | $1.4M | $339K | 25x | |
| OKX ZRX-USDT-SWAP | +0.0100% | 4h | 0.1209 | +0.141% | $531K | $346K | 20x | as long as short |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1207 | −0.017% | $146K | $42K | 75x | as long as short |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1210 | +0.249% | $915K | $170K | 50x | as long as short |
| Bitget ZRXUSDTlong | +0.0100% | 4h | 0.1207 | long leg | $580K | $121K | 50x | |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1209 | +0.166% | — | $2.3M | — | as long as short |
| Variational Omni ZRX | +0.0100% | 8h | 0.1207 | −0.017% | $23K | $15K | — | as long as short |
| BloFin ZRX-USDT | +0.0109% | 4h | 0.1210 | +0.249% | $94K | $23K | 50x | as long as short |
KuCoin ZRXUSDTM
Binance ZRXUSDT
OKX ZRX-USDT-SWAP
Gate ZRX_USDT
MEXC ZRX_USDT
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 | +0.0968% | 1h | 0.1210 | +0.261% | $39K | $4K | 10x | as long as short |
Kraken Futures PF_ZRXUSD