Funding you earn now, next payment 23:00 UTC−0.0010%/8h= −1.1% APRpaid last 24h −0.005%
Price spread now: BingX against Extended−0.145%7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$260as in the Funding arb table
Net, price: spread back to 7d avg − costs−$268as in the Price arb table
costs, in and out, $10k−$2602.604% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.067%+$7 · spread now −0.145%, 7d avg −0.071%
=Together, before fees+0.071%+ Points / potential airdropExtended: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BingX is 0.074% cheaper against Extended than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.071%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ZEREBRO-USD | 0.03381 | 0.0288 | pay 0.0036% / 1h | 3m 31s | $5K | $169K | 5x |
| Short | BingX ZEREBRO-USDT | 0.03376 | 0.0278 | get 0.0139% / 4h | 1h 03m | — | $1.3M | — |
Extended ZEREBRO-USD
BingX ZEREBRO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Extended. 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
- −$2.1
- Price spread: −0.145% → −0.071%
- −$7.37
- Slippage, 4 orders
- −$245.41
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$269.88
- Costs to cover
- 2.604%
- Break-even
- never at this rate
Slippage from Extended: live order book, 12 min ago; BingX: live order book, 7 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 Extended live order book, 12 min ago | 4.30 bp | 115.4 bp −$115 | 812.5 bp −$8,125 | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 5.20 bp | 30.8 bp −$31 | 231.5 bp −$2,315 | 637.9 bp −$63.8K | 810.5 bp −$405.3K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZEREBROUSD | −0.0778% | 1h | 0.03372 | −0.264% | $3K | $2K | 10x | as long as short |
| Bybit ZEREBROUSDT | +0.0100% | 4h | 0.03374 | −0.210% | $5.2M | $876K | 13x | as long as short |
| Gate ZEREBRO_USDT | +0.0100% | 4h | 0.03372 | −0.269% | $450K | $21K | 10x | as long as short |
| KuCoin ZEREBROUSDTM | +0.0100% | 4h | 0.03372 | −0.284% | $1.4M | $2.9M | 10x | as long as short |
| Variational Omni ZEREBRO | +0.0100% | 4h | 0.03376 | −0.164% | $108K | $14K | — | as long as short |
| BingX ZEREBRO-USDTshort | +0.0278% | 4h | 0.03376 | −0.145% | — | $1.3M | — | |
| MEXC ZEREBRO_USDT | +0.0284% | 4h | 0.03382 | +0.027% | $7.1M | $129K | 50x | as long as short |
| Extended ZEREBRO-USDlong | +0.0288% | 1h | 0.03381 | long leg | $5K | $169K | 5x | |
| Binance ZEREBROUSDT | +0.0294% | 4h | 0.03381 | −0.012% | $4.6M | $1.3M | 10x | as long as short |
| BloFin ZEREBRO-USDT | +0.0324% | 4h | 0.03380 | −0.035% | $265K | $12K | 10x | as long as short |
Kraken Futures PF_ZEREBROUSD
Bybit ZEREBROUSDT
Gate ZEREBRO_USDT
KuCoin ZEREBROUSDTM
Variational Omni ZEREBRO
MEXC ZEREBRO_USDT
Binance ZEREBROUSDT
BloFin ZEREBRO-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ZEREBROUSDT | +0.0365% | 4h | 0.03382 | +0.022% | $379K | $22K | 5x | as long as short |
Aster ZEREBROUSDT