Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Bybit−0.093%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1101.096% of the position
Funding, last 7 days+0.234%+$23 on $10k
+Price spread, last 4 days (all we have)+0.002%$0 · spread now −0.093%, 7d avg −0.007%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.086% cheaper against Bybit than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ZBTUSDT | 0.08584 | 0.0100 | pay 0.0050% / 4h | 1h 55m | $963K | $1.1M | 25x |
| Short | BingX ZBT-USDT | 0.08576 | 0.0100 | get 0.0050% / 4h | 1h 55m | — | $1.3M | — |
Bybit ZBTUSDT
BingX ZBT-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: −0.093% → −0.007%
- −$8.58
- Slippage, 4 orders
- −$88.63
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$118.22
- Costs to cover
- 1.096%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; BingX: live order book, 4 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, 3 min ago | 3.50 bp | 39.6 bp −$40 | 653.8 bp −$6,538 | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 0.58 bp | 15.7 bp −$16 | 65.0 bp −$650 | 538.7 bp −$53.9K | 1202.1 bp −$601.1K |
ZBT on 13 exchanges
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 | −0.0391% | 1h | 0.08588 | +0.042% | $8K | $3K | 10x | as long as short |
| BloFin ZBT-USDT | +0.0077% | 4h | 0.08570 | −0.163% | $149K | $41K | 50x | as long as short |
| Aster ZBTUSDT | +0.0100% | 4h | 0.08579 | −0.057% | $10K | $48K | 5x | as long as short |
| Binance ZBTUSDT | +0.0100% | 4h | 0.08576 | −0.091% | $3.5M | $5.5M | 50x | as long as short |
| Bybit ZBTUSDTlong | +0.0100% | 4h | 0.08584 | long leg | $963K | $1.1M | 25x | |
| OKX ZBT-USDT-SWAP | +0.0100% | 4h | 0.08564 | −0.233% | $643K | $2.3M | 10x | as long as short |
| Gate ZBT_USDT | +0.0100% | 8h | 0.08576 | −0.093% | $553K | $724K | 50x | as long as short |
| MEXC ZBT_USDT | +0.0100% | 4h | 0.08576 | −0.093% | $1.7M | $352K | 100x | as long as short |
| KuCoin ZBTUSDTM | +0.0100% | 4h | 0.08577 | −0.082% | $675K | $9.4M | 50x | as long as short |
| Bitget ZBTUSDT | +0.0100% | 4h | 0.08579 | −0.058% | $6.2M | $348K | 10x | as long as short |
Kraken Futures PF_ZBTUSD
BloFin ZBT-USDT
Aster ZBTUSDT
Binance ZBTUSDT
OKX ZBT-USDT-SWAP
Gate ZBT_USDT
MEXC ZBT_USDT
KuCoin ZBTUSDTM
Bitget ZBTUSDTShow all 13 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ZBT-USDTshort | +0.0100% | 4h | 0.08576 | −0.093% | — | $1.3M | — | |
| Variational Omni ZBT | +0.0100% | 4h | 0.08587 | +0.035% | $956 | $12K | — | as long as short |
| Extended ZBT-USD | +0.0104% | 1h | 0.08572 | −0.136% | $4K | $206K | 5x | as long as short |
Variational Omni ZBT
Extended ZBT-USD