Settings8H · net · $10k
Funding arb · Price arb /

ZS

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance−0.059%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$690.692% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.043%+$4 on $10k
Price spread, last 2 days (all we have)+0.074%+$7 · spread now −0.059%, 7d avg −0.002%
Together, before fees+0.117%+$12 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.057% cheaper against Binance than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ZSUSDT207.740get 0.0000% / 8h7h 10m$117K$504K20x
ShortBitget ZSUSDT207.620get 0.0000% / 8h7h 10m$71K$1.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Binance. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.059% → −0.002%
−$5.67
Slippage, 4 orders
−$47.23
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$74.91
Costs to cover
0.692%
Break-even
never at this rate
Slippage from Binance: live order book, 22 min ago; Bitget: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 22 min ago3.37 bp30.9 bp −$31118.0 bp −$1,180doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago6.98 bp14.2 bp −$1419.2 bp −$192doesn't fitdoesn't fit

ZS on 6 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ZSUSDTlong0.0000%8h207.74long leg$117K$504K20x
Bybit ZSUSDT0.0000%8h207.42−0.155%$27K$68K25xas long as short
Gate ZS_USDT0.0000%8h207.59−0.073%$47K$4K20xas long as short
Bitget ZSUSDTshort0.0000%8h207.62−0.059%$71K$1.8M20x
SunX ZS-USDT0.0000%8h207.79+0.023%$632K10xas long as short
HTX ZS-USDT0.0000%8h207.73−0.006%$7K$387K20xas long as short