Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.035%
Price spread now: Bybit against BingX−0.064%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1171.174% of the position
Funding, last 7 days−0.081%−$8 on $10k
+Price spread, last 7 days+0.069%+$7 · spread now −0.064%, 7d avg −0.048%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZEN-USDT | 7.8000 | 0.0100 | pay 0.0100% / 8h | 6h 24m | — | $3.3M | — |
| Short | Bybit ZENUSDT | 7.7950 | 0.0100 | get 0.0100% / 8h | 6h 24m | $4.6M | $6.0M | 75x |
BingX ZEN-USDT
Bybit ZENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BingX. 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: −0.064% → −0.048%
- −$1.64
- Slippage, 4 orders
- −$96.42
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$119.06
- Costs to cover
- 1.174%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; Bybit: 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 BingX live order book, 6 min ago | 4.52 bp | 16.2 bp −$16 | 32.6 bp −$326 | 318.5 bp −$31.9K | 462.4 bp −$231.2K |
| Sell Bybit live order book, 4 min ago | 1.93 bp | 45.1 bp −$45 | 172.6 bp −$1,726 | doesn't fit | doesn't fit |
ZEN on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ZEN-USD | 0.0000% | 1h | 7.8019 | +0.025% | $9K | — | 5x | as long as short |
| Variational Omni ZEN | +0.0074% | 8h | 7.7907 | −0.119% | $52K | $85K | — | as long as short |
| Aster ZENUSDT | +0.0100% | 8h | 7.8001 | +0.001% | $56K | $383K | 10x | as long as short |
| Binance ZENUSDT | +0.0100% | 8h | 7.8007 | +0.010% | $11.3M | $30.9M | 75x | as long as short |
| Bybit ZENUSDTshort | +0.0100% | 8h | 7.7950 | −0.064% | $4.6M | $6.0M | 75x | |
| OKX ZEN-USDT-SWAP | +0.0100% | 4h | 7.7980 | −0.026% | $2.4M | $5.6M | 50x | as long as short |
| MEXC ZEN_USDT | +0.0100% | 8h | 7.7980 | −0.026% | $12.2M | $5.3M | 200x | as long as short |
| KuCoin ZENUSDTM | +0.0100% | 8h | 7.8040 | +0.051% | $4.4M | $4.7M | 50x | as long as short |
| Bitget ZENUSDT | +0.0100% | 8h | 7.7990 | −0.013% | $3.0M | $3.5M | 50x | as long as short |
| BingX ZEN-USDTlong | +0.0100% | 8h | 7.8000 | long leg | — | $3.3M | — |
dYdX ZEN-USD
Variational Omni ZEN
Aster ZENUSDT
Binance ZENUSDT
OKX ZEN-USDT-SWAP
MEXC ZEN_USDT
KuCoin ZENUSDTM
Bitget ZENUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT ZEN_USDT_Perp | +0.0100% | 8h | 7.7798 | −0.259% | $580K | $1.8M | 10x | as long as short |
| ApeX Omni ZENUSDT | +0.0100% | 1h | 7.7400 | −0.769% | $26K | $682K | 50x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.7950 | −0.064% | $2K | $1.4M | 20x | as long as short |
| Extended ZEN-USD | +0.0104% | 1h | 7.7939 | −0.078% | $28K | $120K | 5x | as long as short |
| Hyperliquid ZEN | +0.0387% | 1h | 7.8204 | +0.262% | $2.5M | $1.6M | 5x | as long as short |
| Kraken Futures PF_ZENUSD | +0.3170% | 1h | 7.8287 | +0.368% | $512K | $1.0M | 25x | as long as short |
GRVT ZEN_USDT_Perp
ApeX Omni ZENUSDT
SunX ZEN-USDT
Extended ZEN-USD
Hyperliquid ZEN
Kraken Futures PF_ZENUSD