Funding you earn now, next payment 08:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.10 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against BingX+0.162%96s7-day average +0.095% · you sell dearer than you buy
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1361.364% of the position
Funding, last 7 days+0.015%+$2 on $10k
+Price spread, last 4 days (all we have)−0.331%−$33 · spread now +0.162%, 7d avg +0.095%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.066% dearer against BingX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.095%. The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZEREBRO-USDT | 0.03401 | 0.0454 | pay 0.0227% / 4h | 1h 17m | — | $1.3M | — |
| Short | BloFin ZEREBRO-USDT | 0.03406 | 0.0474 | get 0.0237% / 4h | 1h 17m | $272K | $12K | 10x |
BingX ZEREBRO-USDT
BloFin ZEREBRO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $4.27
- Price spread: +0.162% → +0.095%
- $6.62
- Slippage, 4 orders
- −$114.38
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$125.48
- Costs to cover
- 1.364%
- Break-even
- 212.6 days
Slippage from BingX: live order book, 9 min ago; BloFin: live order book, 59 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, 9 min ago | 5.43 bp | 32.1 bp −$32 | 371.7 bp −$3,717 | 669.2 bp −$66.9K | 859.2 bp −$429.6K |
| Sell BloFin live order book, 59 min ago | 1.47 bp | 26.8 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZEREBROUSDT | +0.0100% | 4h | 0.03395 | −0.176% | $5.3M | $928K | 13x | as long as short |
| Gate ZEREBRO_USDT | +0.0100% | 4h | 0.03398 | −0.085% | $455K | $24K | 10x | as long as short |
| KuCoin ZEREBROUSDTM | +0.0100% | 4h | 0.03402 | +0.029% | $1.4M | $2.9M | 10x | as long as short |
| Variational Omni ZEREBRO | +0.0100% | 4h | 0.03398 | −0.076% | $108K | $15K | — | as long as short |
| BingX ZEREBRO-USDTlong | +0.0454% | 4h | 0.03401 | long leg | — | $1.3M | — | |
| Binance ZEREBROUSDT | +0.0471% | 4h | 0.03401 | +0.003% | $4.7M | $1.4M | 10x | as long as short |
| BloFin ZEREBRO-USDTshort | +0.0474% | 4h | 0.03406 | +0.162% | $272K | $12K | 10x | |
| MEXC ZEREBRO_USDT | +0.0476% | 4h | 0.03403 | +0.047% | $7.1M | $126K | 50x | as long as short |
| Extended ZEREBRO-USD | +0.0480% | 1h | 0.03400 | −0.022% | $361 | $219K | 5x | as long as short |
| Aster ZEREBROUSDT | +0.0487% | 4h | 0.03406 | +0.153% | $382K | $19K | 5x | as long as short |
Bybit ZEREBROUSDT
Gate ZEREBRO_USDT
KuCoin ZEREBROUSDTM
Variational Omni ZEREBRO
Binance ZEREBROUSDT
MEXC ZEREBRO_USDT
Extended ZEREBRO-USD
Aster ZEREBROUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZEREBROUSD | +0.0659% | 1h | 0.03397 | −0.122% | $3K | $2K | 10x | as long as short |
Kraken Futures PF_ZEREBROUSD