Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.033%
Price spread now: BingX against Bybit−0.232%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$193as in the Price arb table
costs, in and out, $10k−$1741.742% of the position
Funding, last 7 days+0.350%+$35 on $10k
+Price spread, last 7 days+0.158%+$16 · spread now −0.232%, 7d avg −0.043%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.189% cheaper against Bybit than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of −0.043%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ZRXUSDT | 0.1208 | 0.0100 | pay 0.0100% / 8h | 7h 16m | $1.5M | $358K | 25x |
| Short | BingX ZRX-USDT | 0.1205 | 0.0100 | get 0.0050% / 4h | 3h 16m | — | $2.3M | — |
Bybit ZRXUSDT
BingX ZRX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bybit. 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: −0.232% → −0.043%
- −$18.89
- Slippage, 4 orders
- −$153.2
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$193.09
- Costs to cover
- 1.742%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; BingX: live order book, 2 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 Bybit live order book, 5 min ago | 3.74 bp | 57.5 bp −$58 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 12.46 bp | 34.7 bp −$35 | 74.9 bp −$749 | 397.3 bp −$39.7K | 856.2 bp −$428.1K |
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 | +0.0036% | 4h | 0.1204 | −0.315% | $330K | $57K | 30x | as long as short |
| BloFin ZRX-USDT | +0.0060% | 4h | 0.1200 | −0.646% | $94K | $19K | 50x | as long as short |
| Binance ZRXUSDT | +0.0100% | 4h | 0.1207 | −0.066% | $1.8M | $1.2M | 50x | as long as short |
| Bybit ZRXUSDTlong | +0.0100% | 8h | 0.1208 | long leg | $1.5M | $358K | 25x | |
| OKX ZRX-USDT-SWAP | +0.0100% | 4h | 0.1207 | −0.041% | $535K | $273K | 20x | as long as short |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1205 | −0.207% | $144K | $43K | 75x | as long as short |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1206 | −0.149% | $904K | $159K | 50x | as long as short |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1207 | −0.066% | $583K | $114K | 50x | as long as short |
| BingX ZRX-USDTshort | +0.0100% | 4h | 0.1205 | −0.232% | — | $2.3M | — | |
| Variational Omni ZRX | +0.0100% | 8h | 0.1207 | −0.069% | $23K | $41K | — | as long as short |
KuCoin ZRXUSDTM
BloFin ZRX-USDT
Binance 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 | +0.0627% | 1h | 0.1211 | +0.230% | $39K | $4K | 10x | as long as short |
Kraken Futures PF_ZRXUSD