Funding you earn now, next payment 08:00 UTC−0.0035%/8h= −3.8% APRnext payment −$0.17 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against BingX−0.074%7-day average +0.105% · you buy dearer than you sell
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$161as in the Price arb table
costs, in and out, $10k−$1431.434% of the position
Funding, last 7 days+0.005%+$1 on $10k
+Price spread, last 7 days+0.181%+$18 · spread now −0.074%, 7d avg +0.105%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.179% cheaper against BingX than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of +0.105%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZEREBRO-USDT | 0.03389 | 0.0246 | pay 0.0123% / 4h | 2h 27m | — | $1.3M | — |
| Short | Binance ZEREBROUSDT | 0.03386 | 0.0211 | get 0.0105% / 4h | 2h 27m | $4.6M | $1.4M | 10x |
BingX ZEREBRO-USDT
Binance ZEREBROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$7.3
- Price spread: −0.074% → +0.105%
- −$17.86
- Slippage, 4 orders
- −$123.38
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$168.53
- Costs to cover
- 1.434%
- Break-even
- never at this rate
Slippage from BingX: live order book, 14 min ago; Binance: live order book, 10 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, 14 min ago | 5.73 bp | 35.9 bp −$36 | 241.0 bp −$2,410 | 661.0 bp −$66.1K | 836.3 bp −$418.1K |
| Sell Binance live order book, 10 min ago | 2.05 bp | 36.8 bp −$37 | 347.5 bp −$3,475 | doesn't fit | doesn't fit |
ZEREBRO on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZEREBROUSDT | +0.0100% | 4h | 0.03383 | −0.168% | $5.2M | $941K | 13x | as long as short |
| Gate ZEREBRO_USDT | +0.0100% | 4h | 0.03385 | −0.103% | $454K | $25K | 10x | as long as short |
| KuCoin ZEREBROUSDTM | +0.0100% | 4h | 0.03385 | −0.097% | $1.4M | $2.9M | 10x | as long as short |
| Variational Omni ZEREBRO | +0.0100% | 4h | 0.03389 | +0.026% | $108K | $15K | — | as long as short |
| Extended ZEREBRO-USD | +0.0208% | 1h | 0.03385 | −0.100% | $968 | $222K | 5x | as long as short |
| MEXC ZEREBRO_USDT | +0.0210% | 4h | 0.03393 | +0.121% | $7.1M | $126K | 50x | as long as short |
| Binance ZEREBROUSDTshort | +0.0211% | 4h | 0.03386 | −0.074% | $4.6M | $1.4M | 10x | |
| BloFin ZEREBRO-USDT | +0.0224% | 4h | 0.03400 | +0.328% | $272K | $12K | 10x | as long as short |
| Aster ZEREBROUSDT | +0.0228% | 4h | 0.03386 | −0.073% | $380K | $19K | 5x | as long as short |
| BingX ZEREBRO-USDTlong | +0.0246% | 4h | 0.03389 | long leg | — | $1.3M | — |
Bybit ZEREBROUSDT
Gate ZEREBRO_USDT
KuCoin ZEREBROUSDTM
Variational Omni ZEREBRO
Extended ZEREBRO-USD
MEXC ZEREBRO_USDT
BloFin ZEREBRO-USDT
Aster ZEREBROUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZEREBROUSD | +0.0552% | 1h | 0.03388 | −0.019% | $3K | $2K | 10x | as long as short |
Kraken Futures PF_ZEREBROUSD