Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.030%
Price spread now: OKX against BingX+0.017%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$580.580% of the position
Funding, last 7 days−0.074%−$7 on $10k
+Price spread, last 7 days+0.020%+$2 · spread now +0.017%, 7d avg +0.014%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZRO-USDT | 1.1790 | 0.0100 | pay 0.0050% / 4h | 3h 30m | — | $21.7M | — |
| Short | OKX ZRO-USDT-SWAP | 1.1792 | 0.0100 | get 0.0050% / 4h | 3h 30m | $3.2M | $7.8M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.017% → +0.014%
- $0.3
- Slippage, 4 orders
- −$37.95
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$57.65
- Costs to cover
- 0.580%
- Break-even
- never at this rate
Slippage from BingX: live order book, 8 min ago; OKX: live order book, 2 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, 8 min ago | 2.52 bp | 8.2 bp −$8 | 15.5 bp −$155 | 34.0 bp −$3,399 | 99.4 bp −$49.7K |
| Sell OKX live order book, 2 min ago | 2.53 bp | 22.1 bp −$22 | 107.1 bp −$1,071 | 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ZROUSD | −0.0304% | 1h | 1.1781 | −0.080% | $4K | $5K | 5x | as long as short |
| dYdX ZRO-USD | 0.0000% | 1h | 1.1822 | +0.276% | $21K | $5K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0069% | 4h | 1.1793 | +0.025% | $21K | $4K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1807 | +0.141% | $4.4M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1806 | +0.136% | $37.4M | $5.3M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1799 | +0.080% | $159K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1796 | +0.051% | $136K | $170K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1792 | +0.018% | $22.2M | $29.2M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1792 | +0.017% | $18.1M | $13.2M | 50x | as long as short |
| OKX ZRO-USDT-SWAPshort | +0.0100% | 4h | 1.1792 | +0.017% | $3.2M | $7.8M | 20x |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ZRO_USDT | +0.0100% | 4h | 1.1780 | −0.085% | $1.3M | $1.3M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1798 | +0.068% | $19.9M | $2.8M | 125x | as long as short |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1792 | +0.017% | $2.4M | $2.2M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1784 | −0.051% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDTlong | +0.0100% | 4h | 1.1790 | long leg | — | $21.7M | — | |
| Variational Omni ZRO | +0.0100% | 4h | 1.1796 | +0.051% | $2.3M | $758K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1840 | +0.424% | $40K | $667K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1808 | +0.153% | $100K | $799K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1798 | +0.069% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0145% | 4h | 1.1802 | +0.102% | $1.1M | $200K | 75x | as long as short |
| Nado ZRO-PERP | +0.0168% | 1h | 1.1802 | +0.101% | $1.3M | $128K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0294% / S −0.2341% | 1h | 1.1800 | +0.088% | $3K | — | 100x | as long as short |
| Extended ZRO-USD | +0.0416% | 1h | 1.1790 | +0.003% | $806K | $646K | 10x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0511% | 1h | 1.1803 | +0.110% | $95K | $220K | 20x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0555% | 1h | 1.1801 | +0.092% | $268K | $307K | 25x | as long as short |
| Injective ZRO/USDC PERP | +0.1160% | 1h | 1.1960 | +1.442% | $13K | $258K | 12x | as long as short |
BingX ZRO-USDT
OKX ZRO-USDT-SWAP
01 Exchange ZROUSD
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDT
Gate ZRO_USDT
MEXC ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
BloFin ZRO-USDT
GMX ZRO/USD [ETH-USDC]
Extended ZRO-USD
Backpack ZRO_USDC_PERP
Kraken Futures PF_ZROUSD
Injective ZRO/USDC PERP