Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against BingX−0.052%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$530.528% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 7 days+0.032%+$3 · spread now −0.052%, 7d avg −0.020%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.032% cheaper against BingX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.020%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZRO-USDT | 1.1646 | 0.0100 | pay 0.0050% / 4h | 3h 00m | — | $16.6M | — |
| Short | Bybit ZROUSDT | 1.1640 | 0.0100 | get 0.0050% / 4h | 3h 00m | $17.8M | $13.6M | 50x |
BingX ZRO-USDT
Bybit ZROUSDTFunding 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: −0.052% → −0.020%
- −$3.17
- Slippage, 4 orders
- −$31.75
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$55.92
- Costs to cover
- 0.528%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; Bybit: live order book, 3 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, 7 min ago | 2.99 bp | 8.8 bp −$9 | 12.9 bp −$129 | 29.5 bp −$2,953 | 50.8 bp −$25.4K |
| Sell Bybit live order book, 3 min ago | 0.43 bp | 16.7 bp −$17 | 43.2 bp −$432 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ZRO_USDC | +0.0056% | 4h | 1.1653 | +0.060% | $20K | $5K | 10x | as long as short |
| BloFin ZRO-USDT | +0.0057% | 4h | 1.1648 | +0.017% | $1.1M | $248K | 75x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1655 | +0.077% | $157K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1633 | −0.110% | $135K | $178K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1650 | +0.036% | $21.8M | $29.6M | 75x | as long as short |
| Bybit ZROUSDTshort | +0.0100% | 4h | 1.1640 | −0.052% | $17.8M | $13.6M | 50x | |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1640 | −0.052% | $3.2M | $7.8M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1640 | −0.052% | $1.3M | $1.5M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1651 | +0.043% | $19.1M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1646 | 0.000% | $2.3M | $2.0M | 50x | as long as short |
Orderly PERP_ZRO_USDC
BloFin ZRO-USDT
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
OKX ZRO-USDT-SWAP
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTMShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ZROUSDT | +0.0100% | 4h | 1.1638 | −0.069% | $2.7M | $2.6M | 75x | as long as short |
| BingX ZRO-USDTlong | +0.0100% | 4h | 1.1646 | long leg | — | $16.6M | — | |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1652 | +0.052% | $94K | $219K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1638 | −0.065% | $2.3M | $809K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1690 | +0.378% | $39K | $677K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1657 | +0.094% | $99K | $832K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1645 | −0.009% | $21K | — | 3x | as long as short |
| Lighter ZRO | +0.0120% | 1h | 1.1677 | +0.269% | $4.3M | $1.2M | 5x | as long as short |
| dYdX ZRO-USD | +0.0125% | 1h | 1.1633 | −0.110% | $21K | $4K | 5x | as long as short |
| Nado ZRO-PERP | +0.0207% | 1h | 1.1648 | +0.014% | $1.3M | $124K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1651 | +0.039% | $3K | — | 100x | as long as short |
| 01 Exchange ZROUSD | +0.0320% | 1h | 1.1658 | +0.103% | $7K | $3K | 5x | as long as short |
| Hyperliquid ZRO | +0.0455% | 1h | 1.1653 | +0.060% | $37.0M | $5.5M | 5x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0465% | 1h | 1.1657 | +0.091% | $254K | $356K | 25x | as long as short |
| Extended ZRO-USD | +0.1008% | 1h | 1.1644 | −0.014% | $800K | $625K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1363% | 1h | 1.1730 | +0.721% | $12K | $261K | 12x | as long as short |
Bitget ZROUSDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
Lighter ZRO
dYdX ZRO-USD
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
01 Exchange ZROUSD
Hyperliquid ZRO
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP