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: Bitget against Binance−0.056%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$720.718% of the position
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 7 days+0.088%+$9 · spread now −0.056%, 7d avg −0.019%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.037% cheaper against Binance than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZROUSDT | 1.2012 | 0.0100 | pay 0.0050% / 4h | 3h 53m | $22.5M | $29.4M | 75x |
| Short | Bitget ZROUSDT | 1.2005 | 0.0100 | get 0.0050% / 4h | 3h 53m | $2.8M | $2.6M | 75x |
Binance ZROUSDT
Bitget ZROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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: −0.056% → −0.019%
- −$3.69
- Slippage, 4 orders
- −$49.77
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$75.46
- Costs to cover
- 0.718%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; Bitget: 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 Binance live order book, 3 min ago | 0.84 bp | 15.3 bp −$15 | 35.9 bp −$359 | 330.4 bp −$33.0K | doesn't fit |
| Sell Bitget live order book, 4 min ago | 2.10 bp | 16.2 bp −$16 | 60.2 bp −$602 | doesn't fit | doesn't fit |
ZRO on 26 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 ZRO-USD | 0.0000% | 1h | 1.1987 | −0.205% | $22K | $5K | 5x | as long as short |
| 01 Exchange ZROUSD | +0.0008% | 1h | 1.2007 | −0.037% | $4K | $5K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0080% | 4h | 1.2008 | −0.031% | $21K | $4K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1994 | −0.150% | $4.5M | $1.2M | 5x | as long as short |
| Nado ZRO-PERP | +0.0100% | 1h | 1.2015 | +0.027% | $1.4M | $128K | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.2028 | +0.135% | $38.1M | $5.4M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.2016 | +0.034% | $162K | $151K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1980 | −0.264% | $141K | $168K | 5x | as long as short |
| Binance ZROUSDTlong | +0.0100% | 4h | 1.2012 | long leg | $22.5M | $29.4M | 75x | |
| Bybit ZROUSDT | +0.0100% | 4h | 1.2006 | −0.048% | $18.4M | $13.2M | 50x | as long as short |
dYdX ZRO-USD
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
Lighter ZRO
Nado ZRO-PERP
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Bybit ZROUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.2015 | +0.027% | $3.2M | $8.0M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1970 | −0.347% | $1.4M | $1.3M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.2028 | +0.135% | $20.1M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.2021 | +0.077% | $2.5M | $2.2M | 50x | as long as short |
| Bitget ZROUSDTshort | +0.0100% | 4h | 1.2005 | −0.056% | $2.8M | $2.6M | 75x | |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1984 | −0.231% | — | $21.7M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1933 | −0.659% | $2.3M | $759K | — | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.2020 | +0.069% | $102K | $805K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.2008 | −0.028% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0141% | 4h | 1.1950 | −0.514% | $1.1M | $202K | 75x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0296% / S −0.2341% | 1h | 1.2009 | −0.026% | $3K | — | 100x | as long as short |
| Extended ZRO-USD | +0.0472% | 1h | 1.1978 | −0.283% | $819K | $647K | 10x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0546% | 1h | 1.2009 | −0.025% | $274K | $313K | 25x | as long as short |
| ApeX Omni ZROUSDT | +0.0730% | 1h | 1.1930 | −0.680% | $40K | $668K | 50x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0934% | 1h | 1.1993 | −0.156% | $96K | $222K | 20x | as long as short |
| Injective ZRO/USDC PERP | +0.1160% | 1h | 1.1980 | −0.264% | $13K | $258K | 12x | as long as short |
OKX ZRO-USDT-SWAP
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
BingX ZRO-USDT
Variational Omni ZRO
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
BloFin ZRO-USDT
GMX ZRO/USD [ETH-USDC]
Extended ZRO-USD
Kraken Futures PF_ZROUSD
ApeX Omni ZROUSDT
Backpack ZRO_USDC_PERP
Injective ZRO/USDC PERP