Settings8H · net · $10k
Funding arb · Price arb /

ZS

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Alert: funding
Alert: spread
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 Binance+0.068%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$670.675% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.043%+$4 on $10k
Price spread, last 2 days (all we have)−0.023%−$2 · spread now +0.068%, 7d avg 0.000%
Together, before fees+0.020%+$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.067% dearer against Binance than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of 0.000%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ZSUSDT207.160get 0.0000% / 8h40m 10s$119K$649K20x
ShortBitget ZSUSDT207.300get 0.0000% / 8h40m 10s$75K$3.1M20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.068% → 0.000%
$6.75
Slippage, 4 orders
−$45.48
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$60.73
Costs to cover
0.675%
Break-even
never at this rate
Slippage from Binance: live order book, 7 min ago; Bitget: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 7 min ago6.27 bp21.5 bp −$2297.0 bp −$970doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago8.68 bp15.9 bp −$1620.5 bp −$205doesn't fitdoesn't fit

ZS on 6 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ZSUSDTlong0.0000%8h207.16long leg$119K$649K20x
Bybit ZSUSDT0.0000%8h207.34+0.087%$27K$72K25xas long as short
Gate ZS_USDT0.0000%8h207.18+0.010%$47K$4K20xas long as short
Bitget ZSUSDTshort0.0000%8h207.30+0.068%$75K$3.1M20x
SunX ZS-USDT0.0000%8h207.32+0.077%$696K10xas long as short
HTX ZS-USDT0.0000%8h207.31+0.072%$7K$387K20xas long as short