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 Bybit+0.017%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$500.499% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 7 days+0.005%+$1 · spread now +0.017%, 7d avg +0.019%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ZROUSDT | 1.1770 | 0.0100 | pay 0.0050% / 4h | 3h 30m | $18.0M | $14.2M | 50x |
| Short | BingX ZRO-USDT | 1.1772 | 0.0100 | get 0.0050% / 4h | 3h 30m | — | $14.7M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bybit. 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: +0.017% → +0.019%
- −$0.22
- Slippage, 4 orders
- −$28.91
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$50.13
- Costs to cover
- 0.499%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 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 Bybit live order book, 3 min ago | 0.43 bp | 14.6 bp −$15 | 40.9 bp −$409 | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 2.56 bp | 8.6 bp −$9 | 12.1 bp −$121 | 25.3 bp −$2,526 | 48.6 bp −$24.3K |
ZRO on 26 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 | −0.0080% | 1h | 1.1772 | +0.017% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0011% | 4h | 1.1778 | +0.068% | $21K | $6K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1782 | +0.099% | $4.4M | $1.5M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1785 | +0.127% | $37.3M | $5.8M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1785 | +0.127% | $157K | $149K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1771 | +0.008% | $136K | $170K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1773 | +0.021% | $22.1M | $30.3M | 75x | as long as short |
| Bybit ZROUSDTlong | +0.0100% | 4h | 1.1770 | long leg | $18.0M | $14.2M | 50x | |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1778 | +0.068% | $3.2M | $8.0M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1760 | −0.085% | $1.4M | $1.5M | 75x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1773 | +0.025% | $19.1M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1771 | +0.008% | $2.4M | $1.9M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1769 | −0.008% | $2.7M | $2.4M | 75x | as long as short |
| BingX ZRO-USDTshort | +0.0100% | 4h | 1.1772 | +0.017% | — | $14.7M | — | |
| Variational Omni ZRO | +0.0100% | 4h | 1.1750 | −0.173% | $2.3M | $866K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1750 | −0.170% | $37K | $687K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1781 | +0.093% | $91K | $828K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1770 | −0.001% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0130% | 4h | 1.1753 | −0.144% | $1.1M | $254K | 75x | as long as short |
| dYdX ZRO-USD | +0.0264% | 1h | 1.1775 | +0.039% | $21K | $3K | 5x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0267% | 1h | 1.1768 | −0.017% | $99K | $204K | 20x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1779 | +0.075% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0302% | 1h | 1.1784 | +0.118% | $253K | $410K | 25x | as long as short |
| Nado ZRO-PERP | +0.0303% | 1h | 1.1771 | +0.008% | $1.3M | $129K | 5x | as long as short |
| Injective ZRO/USDC PERP | +0.1190% | 1h | 1.1800 | +0.255% | $12K | $260K | 12x | as long as short |
| Extended ZRO-USD | +0.1376% | 1h | 1.1773 | +0.023% | $784K | $589K | 10x | as long as short |
Bybit ZROUSDT
BingX ZRO-USDT
01 Exchange ZROUSD
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
OKX ZRO-USDT-SWAP
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
BloFin ZRO-USDT
Backpack ZRO_USDC_PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Injective ZRO/USDC PERP
Extended ZRO-USD