Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.033%
Price spread now: BingX against Bybit+0.107%7-day average −0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1721.724% of the position
Funding, last 7 days+0.350%+$35 on $10k
+Price spread, last 7 days−0.185%−$18 · spread now +0.107%, 7d avg −0.044%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.151% dearer against Bybit than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.044%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ZRXUSDT | 0.1215 | 0.0100 | pay 0.0100% / 8h | 5h 56m | $1.4M | $378K | 25x |
| Short | BingX ZRX-USDT | 0.1216 | 0.0100 | get 0.0050% / 4h | 1h 56m | — | $2.3M | — |
Bybit ZRXUSDT
BingX ZRX-USDTFunding 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: +0.107% → −0.044%
- $15.06
- Slippage, 4 orders
- −$151.38
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$157.32
- Costs to cover
- 1.724%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; BingX: live order book, 7 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, 5 min ago | 6.59 bp | 45.4 bp −$45 | 180.7 bp −$1,807 | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 12.36 bp | 31.5 bp −$32 | 79.3 bp −$793 | 449.7 bp −$45.0K | 941.8 bp −$470.9K |
ZRX 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ZRXUSDT | +0.0100% | 4h | 0.1217 | +0.189% | $1.8M | $1.3M | 50x | as long as short |
| Bybit ZRXUSDTlong | +0.0100% | 8h | 0.1215 | long leg | $1.4M | $378K | 25x | |
| OKX ZRX-USDT-SWAP | +0.0100% | 4h | 0.1216 | +0.099% | $538K | $329K | 20x | as long as short |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1212 | −0.206% | $145K | $42K | 75x | as long as short |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1217 | +0.189% | $920K | $168K | 50x | as long as short |
| KuCoin ZRXUSDTM | +0.0100% | 4h | 0.1211 | −0.305% | $320K | $46K | 30x | as long as short |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1216 | +0.107% | $585K | $122K | 50x | as long as short |
| BingX ZRX-USDTshort | +0.0100% | 4h | 0.1216 | +0.107% | — | $2.3M | — | |
| Variational Omni ZRX | +0.0100% | 8h | 0.1214 | −0.046% | $23K | $41K | — | as long as short |
| Kraken Futures PF_ZRXUSD | +0.1648% | 1h | 0.1215 | +0.018% | $40K | $4K | 10x | as long as short |
Binance ZRXUSDT
OKX ZRX-USDT-SWAP
Gate ZRX_USDT
MEXC ZRX_USDT
KuCoin ZRXUSDTM
Bitget ZRXUSDT
Variational Omni ZRX
Kraken Futures PF_ZRXUSD