Funding you earn now, next payment 12:00 UTC+0.1355%/8h= +148.3% APRpaid last 24h +0.143%
Price spread now: Binance against Bybit−0.019%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+0.229%+$23 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$41 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.229% in total (about 11.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ZHONGJIUSDT | 157.50 | 0 | get 0.0000% / 8h | 5h 47m | $91K | $76K | 25x |
| Short | Binance ZHONGJIUSDT | 157.47 | 0.1355 | get 0.0677% / 4h | 1h 47m | $3.6M | $13.0M | 20x |
Bybit ZHONGJIUSDT
Binance ZHONGJIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $284.46
- Price spread: −0.019% → 0.000%
- −$1.9
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $261.56
- Costs to cover
- 0.210%
- Break-even
- 0.6 days
Slippage unknown: Bybit: no order-book sample; Binance: live order book, 16 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 Bybit no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 16 min ago | 2.86 bp | 26.7 bp −$27 | 90.2 bp −$902 | doesn't fit | doesn't fit |
Bybit: 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.
ZHONGJI on 8 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX ZHONGJIUSDC | −0.0656% | 4h | 157.53 | +0.019% | $63K | $435K | 10x | as long as short |
| Bybit ZHONGJIUSDTlong | 0.0000% | 8h | 157.50 | long leg | $91K | $76K | 25x | |
| HTX ZHONGJI-USDT | 0.0000% | 4h | 157.58 | +0.051% | $30K | $353K | 20x | as long as short |
| KuCoin ZHONGJIUSDTM | +0.0216% | 4h | 157.67 | +0.108% | $61K | $217K | 20x | as long as short |
| Gate ZHONGJI_USDT | +0.0418% | 4h | 157.83 | +0.210% | $247K | $212K | 20x | as long as short |
| OKX ZHONGJI-USDT-SWAP | +0.0490% | 8h | 157.67 | +0.108% | $1.3M | $6.0M | 20x | as long as short |
| Bitget ZHONGJIUSDT | +0.0516% | 8h | 157.39 | −0.070% | $568K | $834K | 20x | as long as short |
| Binance ZHONGJIUSDTshort | +0.1355% | 4h | 157.47 | −0.019% | $3.6M | $13.0M | 20x |
edgeX ZHONGJIUSDC
HTX ZHONGJI-USDT
KuCoin ZHONGJIUSDTM
Gate ZHONGJI_USDT
OKX ZHONGJI-USDT-SWAP
Bitget ZHONGJIUSDT