Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against BingX+0.070%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1381.377% of the position
Funding, last 7 days−0.234%−$23 on $10k
+Price spread, last 4 days (all we have)−0.034%−$3 · spread now +0.070%, 7d avg +0.010%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.060% dearer against BingX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.010%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZBT-USDT | 0.08574 | 0.0100 | pay 0.0050% / 4h | 48m 01s | — | $1.3M | — |
| Short | Bybit ZBTUSDT | 0.08580 | 0.0100 | get 0.0050% / 4h | 48m 01s | $955K | $1.2M | 25x |
BingX ZBT-USDT
Bybit ZBTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BingX. 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: +0.070% → +0.010%
- $6.01
- Slippage, 4 orders
- −$116.72
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$131.71
- Costs to cover
- 1.377%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; Bybit: live order book, 1 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 BingX live order book, 6 min ago | 3.51 bp | 20.3 bp −$20 | 81.7 bp −$817 | 472.0 bp −$47.2K | 1299.7 bp −$649.9K |
| Sell Bybit live order book, 1 min ago | 6.41 bp | 49.2 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
ZBT on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZBTUSD | −0.0994% | 1h | 0.08577 | +0.029% | $8K | $4K | 10x | as long as short |
| OKX ZBT-USDT-SWAP | −0.0006% | 4h | 0.08568 | −0.070% | $649K | $2.1M | 10x | as long as short |
| BloFin ZBT-USDT | +0.0063% | 4h | 0.08510 | −0.746% | $150K | $43K | 50x | as long as short |
| Aster ZBTUSDT | +0.0100% | 4h | 0.08571 | −0.034% | $10K | $45K | 5x | as long as short |
| Binance ZBTUSDT | +0.0100% | 4h | 0.08578 | +0.052% | $3.5M | $5.4M | 50x | as long as short |
| Bybit ZBTUSDTshort | +0.0100% | 4h | 0.08580 | +0.070% | $955K | $1.2M | 25x | |
| Gate ZBT_USDT | +0.0100% | 8h | 0.08578 | +0.047% | $550K | $729K | 50x | as long as short |
| MEXC ZBT_USDT | +0.0100% | 4h | 0.08593 | +0.222% | $1.8M | $389K | 100x | as long as short |
| KuCoin ZBTUSDTM | +0.0100% | 4h | 0.08577 | +0.035% | $720K | $9.3M | 50x | as long as short |
| Bitget ZBTUSDT | +0.0100% | 4h | 0.08593 | +0.222% | $6.2M | $349K | 10x | as long as short |
Kraken Futures PF_ZBTUSD
OKX ZBT-USDT-SWAP
BloFin ZBT-USDT
Aster ZBTUSDT
Binance ZBTUSDT
Gate ZBT_USDT
MEXC ZBT_USDT
KuCoin ZBTUSDTM
Bitget ZBTUSDTShow all 13 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ZBT-USDTlong | +0.0100% | 4h | 0.08574 | long leg | — | $1.3M | — | |
| Variational Omni ZBT | +0.0100% | 4h | 0.08526 | −0.557% | $950 | $12K | — | as long as short |
| Extended ZBT-USD | +0.0104% | 1h | 0.08576 | +0.029% | $4K | $205K | 5x | as long as short |
Variational Omni ZBT
Extended ZBT-USD