Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.5% APRnext payment −$0.02 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Binance−0.347%7-day average −0.105% · you buy dearer than you sell
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$158as in the Price arb table
costs, in and out, $10k−$1331.335% of the position
Funding, last 7 days−0.005%−$1 on $10k
+Price spread, last 7 days+0.244%+$24 · spread now −0.347%, 7d avg −0.105%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.242% cheaper against Binance than usual: you would sell low and buy high, −$24 on $10k if it goes back to its 7-day average of −0.105%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZEREBROUSDT | 0.03428 | 0.0267 | pay 0.0134% / 4h | 3h 47m | $4.7M | $1.4M | 10x |
| Short | BingX ZEREBRO-USDT | 0.03416 | 0.0263 | get 0.0132% / 4h | 3h 47m | — | $1.3M | — |
Binance ZEREBROUSDT
BingX ZEREBRO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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
- −$0.9
- Price spread: −0.347% → −0.105%
- −$24.23
- Slippage, 4 orders
- −$113.45
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$158.58
- Costs to cover
- 1.335%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; BingX: live order book, 8 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 Binance live order book, 4 min ago | 2.18 bp | 34.5 bp −$35 | 469.7 bp −$4,697 | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 5.69 bp | 31.1 bp −$31 | 230.5 bp −$2,305 | 632.5 bp −$63.2K | 829.3 bp −$414.7K |
ZEREBRO 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZEREBROUSD | +0.0010% | 1h | 0.03420 | −0.242% | $3K | $2K | 10x | as long as short |
| KuCoin ZEREBROUSDTM | +0.0060% | 4h | 0.03423 | −0.137% | $1.5M | $3.0M | 10x | as long as short |
| Bybit ZEREBROUSDT | +0.0100% | 4h | 0.03420 | −0.230% | $5.3M | $932K | 13x | as long as short |
| Gate ZEREBRO_USDT | +0.0100% | 4h | 0.03420 | −0.219% | $458K | $24K | 10x | as long as short |
| Variational Omni ZEREBRO | +0.0100% | 4h | 0.03427 | −0.015% | $109K | $15K | — | as long as short |
| BingX ZEREBRO-USDTshort | +0.0263% | 4h | 0.03416 | −0.347% | — | $1.3M | — | |
| Extended ZEREBRO-USD | +0.0264% | 1h | 0.03427 | −0.029% | $4K | $154K | 5x | as long as short |
| MEXC ZEREBRO_USDT | +0.0266% | 4h | 0.03426 | −0.041% | $7.1M | $124K | 50x | as long as short |
| Binance ZEREBROUSDTlong | +0.0267% | 4h | 0.03428 | long leg | $4.7M | $1.4M | 10x | |
| BloFin ZEREBRO-USDT | +0.0284% | 4h | 0.03431 | +0.088% | $273K | $12K | 10x | as long as short |
Kraken Futures PF_ZEREBROUSD
KuCoin ZEREBROUSDTM
Bybit ZEREBROUSDT
Gate ZEREBRO_USDT
Variational Omni ZEREBRO
Extended ZEREBRO-USD
MEXC ZEREBRO_USDT
BloFin ZEREBRO-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ZEREBROUSDT | +0.0296% | 4h | 0.03422 | −0.171% | $384K | $19K | 5x | as long as short |
Aster ZEREBROUSDT