Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.033%
Price spread now: Bitget against Bybit−0.165%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costs−$200as in the Price arb table
costs, in and out, $10k−$1901.897% of the position
Funding, last 7 days+0.289%+$29 on $10k
+Price spread, last 4 days (all we have)−0.208%−$21 · spread now −0.165%, 7d avg −0.060%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.105% cheaper against Bybit than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.060%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ZRXUSDT | 0.1215 | 0.0100 | pay 0.0100% / 8h | 5h 17m | $1.5M | $379K | 25x |
| Short | Bitget ZRXUSDT | 0.1213 | 0.0100 | get 0.0050% / 4h | 1h 17m | $583K | $123K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: −0.165% → −0.060%
- −$10.5
- Slippage, 4 orders
- −$166.74
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$200.23
- Costs to cover
- 1.897%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Bitget: live order book, 43 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, 4 min ago | 5.76 bp | 57.0 bp −$57 | 197.4 bp −$1,974 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 43 min ago | 8.23 bp | 30.2 bp −$30 | 89.2 bp −$892 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ZRX-USDT | +0.0097% | 4h | 0.1216 | +0.082% | $96K | $23K | 50x | as long as short |
| Binance ZRXUSDT | +0.0100% | 4h | 0.1214 | −0.049% | $1.8M | $1.3M | 50x | as long as short |
| Bybit ZRXUSDTlong | +0.0100% | 8h | 0.1215 | long leg | $1.5M | $379K | 25x | |
| OKX ZRX-USDT-SWAP | +0.0100% | 4h | 0.1213 | −0.132% | $535K | $335K | 20x | as long as short |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1213 | −0.148% | $146K | $43K | 75x | as long as short |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1215 | 0.000% | $919K | $170K | 50x | as long as short |
| KuCoin ZRXUSDTM | +0.0100% | 4h | 0.1213 | −0.165% | $326K | $47K | 30x | as long as short |
| Bitget ZRXUSDTshort | +0.0100% | 4h | 0.1213 | −0.165% | $583K | $123K | 50x | |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1216 | +0.082% | — | $2.3M | — | as long as short |
| Variational Omni ZRX | +0.0100% | 8h | 0.1215 | −0.002% | $23K | $41K | — | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZRXUSD | +0.1647% | 1h | 0.1216 | +0.090% | $40K | $4K | 10x | as long as short |
Bybit ZRXUSDT
Bitget ZRXUSDT
BloFin ZRX-USDT
Binance ZRXUSDT
OKX ZRX-USDT-SWAP
Gate ZRX_USDT
MEXC ZRX_USDT
KuCoin ZRXUSDTM
BingX ZRX-USDT
Variational Omni ZRX
Kraken Futures PF_ZRXUSD