Funding you earn now, next payment 04:00 UTC+0.0278%/8h= +30.4% APRpaid last 24h 0.000%
Price spread now: Gate against BingX−0.071%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1311.306% of the position
Funding, last 7 days−0.218%−$22 on $10k
+Price spread, last 4 days (all we have)+0.065%+$7 · spread now −0.071%, 7d avg +0.015%
=Funding pays, the price is against you. Gate is 0.086% cheaper against BingX than usual: you would sell low and buy high (spread −0.071% now, against its 7-day average of +0.015%). If the spread goes back, that is −$9 on $10k: about 25 hours of funding at the current rate (+$8 a day). Mind the row above: over the last 7 days funding on this pair cost −0.218%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZBT-USDT | 0.08424 | 0.0100 | pay 0.0050% / 4h | 2h 03m | — | $1.3M | — |
| Short | Gate ZBT_USDT | 0.08418 | 0.0378 | get 0.0378% / 8h | 6h 03m | $543K | $558K | 50x |
BingX ZBT-USDT
Gate ZBT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $58.38
- Price spread: −0.071% → +0.015%
- −$8.63
- Slippage, 4 orders
- −$105.57
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$80.82
- Costs to cover
- 1.306%
- Break-even
- 16.7 days
Slippage from BingX: live order book, 11 min ago; Gate: live order book, 62 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, 11 min ago | 2.37 bp | 23.9 bp −$24 | 81.8 bp −$818 | 701.8 bp −$70.2K | 1190.0 bp −$595.0K |
| Sell Gate live order book, 62 min ago | 5.95 bp | 37.7 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
ZBT on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZBTUSD | −0.0473% | 1h | 0.08415 | −0.111% | $7K | $7K | 10x | as long as short |
| Aster ZBTUSDT | +0.0100% | 4h | 0.08417 | −0.087% | $10K | $15K | 5x | as long as short |
| Binance ZBTUSDT | +0.0100% | 4h | 0.08425 | +0.007% | $3.2M | $2.6M | 50x | as long as short |
| Bybit ZBTUSDT | +0.0100% | 4h | 0.08423 | −0.012% | $864K | $444K | 25x | as long as short |
| OKX ZBT-USDT-SWAP | +0.0100% | 4h | 0.08422 | −0.024% | $560K | $1.4M | 10x | as long as short |
| MEXC ZBT_USDT | +0.0100% | 4h | 0.08423 | −0.012% | $1.4M | $202K | 100x | as long as short |
| KuCoin ZBTUSDTM | +0.0100% | 4h | 0.08417 | −0.083% | $743K | $9.8M | 50x | as long as short |
| Bitget ZBTUSDT | +0.0100% | 4h | 0.08419 | −0.059% | $6.1M | $140K | 10x | as long as short |
| BingX ZBT-USDTlong | +0.0100% | 4h | 0.08424 | long leg | — | $1.3M | — | |
| Variational Omni ZBT | +0.0100% | 4h | 0.08411 | −0.154% | $897 | $453 | — | as long as short |
Kraken Futures PF_ZBTUSD
Aster ZBTUSDT
Binance ZBTUSDT
Bybit ZBTUSDT
OKX ZBT-USDT-SWAP
MEXC ZBT_USDT
KuCoin ZBTUSDTM
Bitget ZBTUSDT
Variational Omni ZBTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended ZBT-USD | +0.0104% | 1h | 0.08418 | −0.071% | $2K | $119K | 5x | as long as short |
| Gate ZBT_USDTshort | +0.0378% | 8h | 0.08418 | −0.071% | $543K | $558K | 50x |
Extended ZBT-USD