Funding you earn now, next payment 04:00 UTC−0.0033%/8h= −3.7% APRpaid last 24h −0.031%
Price spread now: Bybit against BloFin−0.167%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.306%−$31 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.167% cheaper against BloFin than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ZRX-USDT | 0.1200 | 0.0133 | pay 0.0067% / 4h | 3h 40m | $94K | $19K | 50x |
| Short | Bybit ZRXUSDT | 0.1198 | 0.0100 | get 0.0100% / 8h | 7h 40m | $1.4M | $337K | 25x |
BloFin ZRX-USDT
Bybit ZRXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. 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: −0.167% → 0.000%
- −$16.67
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$46.69
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; Bybit: live order book, 1 min ago. 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 BloFin no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 1 min ago | 6.26 bp | 48.9 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
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 | 0.1197 | −0.250% | $328K | $59K | 30x | as long as short |
| Binance ZRXUSDT | +0.0100% | 4h | 0.1198 | −0.207% | $1.8M | $1.2M | 50x | as long as short |
| Bybit ZRXUSDTshort | +0.0100% | 8h | 0.1198 | −0.167% | $1.4M | $337K | 25x | |
| OKX ZRX-USDT-SWAP | +0.0100% | 4h | 0.1198 | −0.167% | $532K | $267K | 20x | as long as short |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1198 | −0.133% | $146K | $41K | 75x | as long as short |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1197 | −0.250% | $897K | $158K | 50x | as long as short |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1197 | −0.250% | $581K | $119K | 50x | as long as short |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1198 | −0.167% | — | $2.3M | — | as long as short |
| Variational Omni ZRX | +0.0100% | 8h | 0.1199 | −0.103% | $23K | $41K | — | as long as short |
| BloFin ZRX-USDTlong | +0.0133% | 4h | 0.1200 | long leg | $94K | $19K | 50x |
KuCoin ZRXUSDTM
Binance ZRXUSDT
OKX ZRX-USDT-SWAP
Gate ZRX_USDT
MEXC ZRX_USDT
Bitget ZRXUSDT
BingX ZRX-USDT
Variational Omni ZRXShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZRXUSD | +0.0632% | 1h | 0.1200 | +0.034% | $39K | $4K | 10x | as long as short |
Kraken Futures PF_ZRXUSD