Funding you earn now, next payment 00:00 UTC+0.0035%/8h= +3.9% APRnext payment +$0.18 per $10,000 · paid last 24h −0.005%
Price spread now: BingX against BloFin−0.068%51s7-day average −0.094% · you buy dearer than you sell
Net, funding: paid 7d − costs−$106as 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−$1051.046% of the position
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 3 days (all we have)+0.296%+$30 · spread now −0.068%, 7d avg −0.094%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BingX is 0.026% dearer against BloFin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.094%. The two prices were read 51 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 | BloFin ZEREBRO-USDT | 0.03383 | 0.0431 | pay 0.0215% / 4h | 38m 25s | $266K | $12K | 10x |
| Short | BingX ZEREBRO-USDT | 0.03381 | 0.0466 | get 0.0233% / 4h | 38m 25s | — | $1.3M | — |
BloFin ZEREBRO-USDT
BingX ZEREBRO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- $7.39
- Price spread: −0.068% → −0.094%
- $2.63
- Slippage, 4 orders
- −$82.57
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$94.55
- Costs to cover
- 1.046%
- Break-even
- 96.6 days
Slippage from BloFin: live order book, 33 min ago; BingX: live order book, 5 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 BloFin live order book, 33 min ago | 1.93 bp | 21.4 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 4.14 bp | 31.1 bp −$31 | 204.1 bp −$2,041 | 668.9 bp −$66.9K | 865.9 bp −$433.0K |
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 | −0.0481% | 1h | 0.03380 | −0.100% | $3K | $2K | 10x | as long as short |
| Bybit ZEREBROUSDT | +0.0100% | 4h | 0.03379 | −0.115% | $5.2M | $877K | 13x | as long as short |
| Gate ZEREBRO_USDT | +0.0100% | 4h | 0.03378 | −0.133% | $451K | $21K | 10x | as long as short |
| KuCoin ZEREBROUSDTM | +0.0100% | 4h | 0.03378 | −0.139% | $1.4M | $2.9M | 10x | as long as short |
| Variational Omni ZEREBRO | +0.0100% | 4h | 0.03377 | −0.187% | $109K | $14K | — | as long as short |
| BloFin ZEREBRO-USDTlong | +0.0431% | 4h | 0.03383 | long leg | $266K | $12K | 10x | |
| Extended ZEREBRO-USD | +0.0456% | 1h | 0.03382 | −0.015% | $5K | $169K | 5x | as long as short |
| Binance ZEREBROUSDT | +0.0458% | 4h | 0.03383 | +0.004% | $4.6M | $1.3M | 10x | as long as short |
| BingX ZEREBRO-USDTshort | +0.0466% | 4h | 0.03381 | −0.068% | — | $1.3M | — | |
| MEXC ZEREBRO_USDT | +0.0468% | 4h | 0.03383 | +0.006% | $7.1M | $126K | 50x | as long as short |
Kraken Futures PF_ZEREBROUSD
Bybit ZEREBROUSDT
Gate ZEREBRO_USDT
KuCoin ZEREBROUSDTM
Variational Omni ZEREBRO
Extended ZEREBRO-USD
Binance ZEREBROUSDT
MEXC ZEREBRO_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ZEREBROUSDT | +0.0498% | 4h | 0.03386 | +0.082% | $380K | $22K | 5x | as long as short |
Aster ZEREBROUSDT