Funding you earn now, next payment 00:00 UTC+0.0038%/8h= +4.2% APRnext payment +$0.19 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against Bitget−0.168%45s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. BloFin is 0.168% cheaper against Bitget than usual: you would sell low and buy high (spread −0.168% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 15 days of funding at the current rate (+$1 a day). The two prices were read 45 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 | Bitget ZRXUSDT | 0.1192 | 0.0100 | pay 0.0050% / 4h | 22m 29s | $578K | $120K | 50x |
| Short | BloFin ZRX-USDT | 0.1190 | 0.0138 | get 0.0069% / 4h | 22m 29s | $95K | $19K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- $8.05
- Price spread: −0.168% → 0.000%
- −$16.78
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$32.72
- Costs to cover
- 0.240%
- Break-even
- 35.4 days
Slippage unknown: Bitget: live order book, 52 min ago; BloFin: no order-book sample. Net counts fees only.
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 Bitget live order book, 52 min ago | 8.38 bp | 24.2 bp −$24 | 136.1 bp −$1,361 | doesn't fit | doesn't fit |
| Sell BloFin no order-book sample | — | — | — | — | — |
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0246% | 4h | 0.1189 | −0.252% | $326K | $60K | 30x | as long as short |
| Bybit ZRXUSDT | +0.0004% | 8h | 0.1192 | 0.000% | $1.4M | $341K | 25x | as long as short |
| Binance ZRXUSDT | +0.0100% | 4h | 0.1192 | 0.000% | $1.8M | $1.2M | 50x | as long as short |
| OKX ZRX-USDT-SWAP | +0.0100% | 4h | 0.1192 | +0.042% | $528K | $264K | 20x | as long as short |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1194 | +0.143% | $145K | $41K | 75x | as long as short |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1190 | −0.168% | $892K | $160K | 50x | as long as short |
| Bitget ZRXUSDTlong | +0.0100% | 4h | 0.1192 | long leg | $578K | $120K | 50x | |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1192 | 0.000% | — | $2.3M | — | as long as short |
| Variational Omni ZRX | +0.0100% | 8h | 0.1194 | +0.156% | $23K | $41K | — | as long as short |
| BloFin ZRX-USDTshort | +0.0138% | 4h | 0.1190 | −0.168% | $95K | $19K | 50x |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZRXUSD | +0.1205% | 1h | 0.1194 | +0.148% | $39K | $4K | 10x | as long as short |
Bitget ZRXUSDT
BloFin ZRX-USDT
KuCoin ZRXUSDTM
Bybit ZRXUSDT
Binance ZRXUSDT
OKX ZRX-USDT-SWAP
Gate ZRX_USDT
MEXC ZRX_USDT
BingX ZRX-USDT
Variational Omni ZRX
Kraken Futures PF_ZRXUSD