Funding you earn now, next payment 04:00 UTC+0.0056%/8h= +6.1% APRnext payment +$0.28 per $10,000 · paid last 24h −0.005%
Price spread now: BingX against BloFin−0.160%7-day average −0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$890.886% of the position
Funding, last 7 days−0.021%−$2 on $10k
+Price spread, last 3 days (all we have)+0.004%$0 · spread now −0.160%, 7d avg −0.073%
=Funding pays, the price is against you. BingX is 0.087% cheaper against BloFin than usual: you would sell low and buy high (spread −0.160% now, against its 7-day average of −0.073%). If the spread goes back, that is −$9 on $10k: about 5.2 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ZKP-USDT | 0.04994 | 0.0044 | pay 0.0022% / 4h | 3h 02m | $218K | $41K | 40x |
| Short | BingX ZKP-USDT | 0.04986 | 0.0100 | get 0.0050% / 4h | 3h 02m | — | $6.6M | — |
BloFin ZKP-USDT
BingX ZKP-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
- $11.76
- Price spread: −0.160% → −0.073%
- −$8.74
- Slippage, 4 orders
- −$66.55
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$85.54
- Costs to cover
- 0.886%
- Break-even
- 57.9 days
Slippage from BloFin: live order book, 63 min ago; BingX: live order book, 4 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, 63 min ago | 1.00 bp | 14.4 bp −$14 | 95.6 bp −$956 | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 3.01 bp | 22.6 bp −$23 | 105.0 bp −$1,050 | doesn't fit | doesn't fit |
ZKP on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ZKP-USDTlong | +0.0044% | 4h | 0.04994 | long leg | $218K | $41K | 40x | |
| Binance ZKPUSDT | +0.0100% | 4h | 0.04984 | −0.198% | $2.7M | $2.7M | 40x | as long as short |
| Bybit ZKPUSDT | +0.0100% | 4h | 0.04976 | −0.360% | $1.2M | $967K | 25x | as long as short |
| OKX ZKP-USDT-SWAP | +0.0100% | 4h | 0.04981 | −0.260% | $331K | $554K | 20x | as long as short |
| MEXC ZKP_USDT | +0.0100% | 4h | 0.04984 | −0.200% | $1.2M | $192K | 20x | as long as short |
| KuCoin ZKPUSDTM | +0.0100% | 4h | 0.04976 | −0.360% | $583K | $535K | 20x | as long as short |
| Bitget ZKPUSDT | +0.0100% | 4h | 0.04983 | −0.220% | $291K | $259K | 20x | as long as short |
| BingX ZKP-USDTshort | +0.0100% | 4h | 0.04986 | −0.160% | — | $6.6M | — | |
| Gate ZKP_USDT | +0.0148% | 4h | 0.04984 | −0.200% | $333K | $180K | 25x | as long as short |
| Aster ZKPUSDT | +0.0403% | 4h | 0.04985 | −0.188% | $24K | $80K | 5x | as long as short |
Binance ZKPUSDT
Bybit ZKPUSDT
OKX ZKP-USDT-SWAP
MEXC ZKP_USDT
KuCoin ZKPUSDTM
Bitget ZKPUSDT
Gate ZKP_USDT
Aster ZKPUSDT