Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Binance+0.043%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$460.462% of the position
Funding, last 7 days+0.029%+$3 on $10k
+Price spread, last 7 days−0.026%−$3 · spread now +0.043%, 7d avg −0.004%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.047% dearer against Binance than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZROUSDT | 1.1667 | 0.0100 | pay 0.0050% / 4h | 1h 57m | $21.9M | $29.7M | 75x |
| Short | BingX ZRO-USDT | 1.1672 | 0.0100 | get 0.0050% / 4h | 1h 57m | — | $16.5M | — |
Binance ZROUSDT
BingX ZRO-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
- Price spread: +0.043% → −0.004%
- $4.66
- Slippage, 4 orders
- −$26.21
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$41.55
- Costs to cover
- 0.462%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; BingX: live order book, 11 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, 14 min ago | 0.43 bp | 14.1 bp −$14 | 37.5 bp −$375 | 307.1 bp −$30.7K | doesn't fit |
| Sell BingX live order book, 11 min ago | 2.14 bp | 9.2 bp −$9 | 15.5 bp −$155 | 24.0 bp −$2,402 | 46.6 bp −$23.3K |
ZRO on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ZROUSD | −0.0608% | 1h | 1.1651 | −0.140% | $7K | $3K | 5x | as long as short |
| dYdX ZRO-USD | 0.0000% | 1h | 1.1666 | −0.007% | $21K | $3K | 5x | as long as short |
| Bybit ZROUSDT | +0.0005% | 4h | 1.1658 | −0.077% | $17.9M | $13.9M | 50x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0035% | 4h | 1.1659 | −0.069% | $20K | $5K | 10x | as long as short |
| Gate ZRO_USDT | +0.0038% | 4h | 1.1660 | −0.060% | $1.3M | $1.5M | 75x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1680 | +0.108% | $4.3M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1682 | +0.124% | $37.0M | $5.4M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1678 | +0.097% | $157K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1663 | −0.034% | $136K | $169K | 5x | as long as short |
| Binance ZROUSDTlong | +0.0100% | 4h | 1.1667 | long leg | $21.9M | $29.7M | 75x |
01 Exchange ZROUSD
dYdX ZRO-USD
Bybit ZROUSDT
Orderly PERP_ZRO_USDC
Gate ZRO_USDT
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZROShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1683 | +0.137% | $3.2M | $7.9M | 20x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1674 | +0.060% | $19.0M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1675 | +0.069% | $2.3M | $1.9M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1666 | −0.009% | $2.7M | $2.4M | 75x | as long as short |
| BingX ZRO-USDTshort | +0.0100% | 4h | 1.1672 | +0.043% | — | $16.5M | — | |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1680 | +0.111% | $97K | $206K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1687 | +0.175% | $2.3M | $814K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1690 | +0.197% | $39K | $675K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1672 | +0.043% | $91K | $834K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1655 | −0.103% | $21K | — | 3x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0198% | 1h | 1.1684 | +0.145% | $258K | $406K | 25x | as long as short |
| Nado ZRO-PERP | +0.0233% | 1h | 1.1661 | −0.048% | $1.3M | $124K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1671 | +0.035% | $3K | — | 100x | as long as short |
| Extended ZRO-USD | +0.0992% | 1h | 1.1654 | −0.109% | $781K | $590K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1102% | 1h | 1.1700 | +0.283% | $12K | $260K | 12x | as long as short |
OKX ZRO-USDT-SWAP
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
Kraken Futures PF_ZROUSD
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Extended ZRO-USD
Injective ZRO/USDC PERP