Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance0.000%7-day average −0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$1051.045% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.179%−$18 · spread now 0.000%, 7d avg −0.053%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.053% dearer against Binance than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.053%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZRXUSDT | 0.1193 | 0.0100 | pay 0.0050% / 4h | 1h 25m | $1.8M | $1.2M | 50x |
| Short | Bitget ZRXUSDT | 0.1193 | 0.0100 | get 0.0050% / 4h | 1h 25m | $581K | $126K | 50x |
Binance ZRXUSDT
Bitget ZRXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: 0.000% → −0.053%
- $5.29
- Slippage, 4 orders
- −$82.51
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$99.22
- Costs to cover
- 1.045%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; Bitget: live order book, 55 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, 8 min ago | 4.19 bp | 25.8 bp −$26 | 200.1 bp −$2,001 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 55 min ago | 8.38 bp | 22.5 bp −$22 | 69.0 bp −$690 | doesn't fit | doesn't fit |
ZRX 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZRXUSDTM | −0.0220% | 4h | 0.1190 | −0.251% | $326K | $58K | 30x | as long as short |
| Bybit ZRXUSDT | −0.0108% | 8h | 0.1193 | −0.017% | $1.4M | $343K | 25x | as long as short |
| Kraken Futures PF_ZRXUSD | +0.0034% | 1h | 0.1197 | +0.308% | $39K | $4K | 10x | as long as short |
| BloFin ZRX-USDT | +0.0060% | 4h | 0.1196 | +0.251% | $96K | $19K | 50x | as long as short |
| Binance ZRXUSDTlong | +0.0100% | 4h | 0.1193 | long leg | $1.8M | $1.2M | 50x | |
| OKX ZRX-USDT-SWAP | +0.0100% | 4h | 0.1193 | +0.017% | $531K | $253K | 20x | as long as short |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1192 | −0.059% | $146K | $41K | 75x | as long as short |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1192 | −0.084% | $905K | $166K | 50x | as long as short |
| Bitget ZRXUSDTshort | +0.0100% | 4h | 0.1193 | 0.000% | $581K | $126K | 50x | |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1193 | 0.000% | — | $2.3M | — | as long as short |
KuCoin ZRXUSDTM
Bybit ZRXUSDT
Kraken Futures PF_ZRXUSD
BloFin ZRX-USDT
OKX ZRX-USDT-SWAP
Gate ZRX_USDT
MEXC ZRX_USDT
BingX ZRX-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ZRX | +0.0100% | 8h | 0.1194 | +0.071% | $23K | $41K | — | as long as short |
Variational Omni ZRX