Funding you earn now, next payment 08:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%
Price spread now: BingX against BloFin−0.069%7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$810.808% of the position
Funding, last 7 days+0.214%+$21 on $10k
+Price spread, last 4 days (all we have)+0.094%+$9 · spread now −0.069%, 7d avg +0.023%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.093% cheaper against BloFin than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ZBT-USDT | 0.08634 | 0.0099 | pay 0.0050% / 4h | 1h 00m | $155K | $42K | 50x |
| Short | BingX ZBT-USDT | 0.08628 | 0.0100 | get 0.0050% / 4h | 1h 00m | — | $1.3M | — |
BloFin ZBT-USDT
BingX ZBT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- $0.2
- Price spread: −0.069% → +0.023%
- −$9.25
- Slippage, 4 orders
- −$58.76
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$89.81
- Costs to cover
- 0.808%
- Break-even
- 3157.6 days
Slippage from BloFin: live order book, 9 min ago; BingX: live order book, 1 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 BloFin live order book, 9 min ago | 1.73 bp | 21.1 bp −$21 | 64.5 bp −$645 | doesn't fit | doesn't fit |
| Sell BingX live order book, 1 min ago | 3.48 bp | 22.6 bp −$23 | 65.2 bp −$652 | 509.2 bp −$50.9K | doesn't fit |
ZBT on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZBTUSD | −0.1271% | 1h | 0.08623 | −0.122% | $7K | $1K | 10x | as long as short |
| OKX ZBT-USDT-SWAP | −0.0050% | 4h | 0.08621 | −0.151% | $626K | $2.2M | 10x | as long as short |
| KuCoin ZBTUSDTM | +0.0028% | 4h | 0.08627 | −0.081% | $646K | $9.4M | 50x | as long as short |
| BloFin ZBT-USDTlong | +0.0099% | 4h | 0.08634 | long leg | $155K | $42K | 50x | |
| Aster ZBTUSDT | +0.0100% | 4h | 0.08631 | −0.035% | $10K | $43K | 5x | as long as short |
| Binance ZBTUSDT | +0.0100% | 4h | 0.08631 | −0.035% | $3.6M | $5.2M | 50x | as long as short |
| Bybit ZBTUSDT | +0.0100% | 4h | 0.08623 | −0.127% | $931K | $985K | 25x | as long as short |
| Gate ZBT_USDT | +0.0100% | 8h | 0.08629 | −0.058% | $552K | $705K | 50x | as long as short |
| MEXC ZBT_USDT | +0.0100% | 4h | 0.08631 | −0.035% | $1.6M | $312K | 100x | as long as short |
| Bitget ZBTUSDT | +0.0100% | 4h | 0.08629 | −0.058% | $6.2M | $321K | 10x | as long as short |
Kraken Futures PF_ZBTUSD
OKX ZBT-USDT-SWAP
KuCoin ZBTUSDTM
Aster ZBTUSDT
Binance ZBTUSDT
Bybit ZBTUSDT
Gate ZBT_USDT
MEXC ZBT_USDT
Bitget ZBTUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ZBT-USDTshort | +0.0100% | 4h | 0.08628 | −0.069% | — | $1.3M | — | |
| Variational Omni ZBT | +0.0100% | 4h | 0.08624 | −0.110% | $1K | $13K | — | as long as short |
| Extended ZBT-USD | +0.0104% | 1h | 0.08629 | −0.063% | $6K | $178K | 5x | as long as short |
Variational Omni ZBT
Extended ZBT-USD