Funding you earn now, next payment 04:00 UTC+0.0013%/8h= +1.5% APRnext payment +$0.07 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against Binance+0.135%521s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BloFin is 0.135% dearer against Binance than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 521 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZRXUSDT | 0.1199 | 0.0100 | pay 0.0050% / 4h | 2h 40m | $1.8M | $1.3M | 50x |
| Short | BloFin ZRX-USDT | 0.1201 | 0.0113 | get 0.0057% / 4h | 2h 40m | $95K | $19K | 50x |
Binance ZRXUSDT
BloFin ZRX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $2.79
- Price spread: +0.135% → 0.000%
- $13.5
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$5.7
- Costs to cover
- 0.220%
- Break-even
- 21.3 days
Slippage unknown: Binance: live order book, 8 min ago; BloFin: no order-book sample. Net counts fees only.
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, 8 min ago | 4.18 bp | 27.7 bp −$28 | 184.0 bp −$1,840 | doesn't fit | doesn't fit |
| Sell BloFin no order-book sample | — | — | — | — | — |
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ZRX 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ZRXUSDTlong | +0.0100% | 4h | 0.1199 | long leg | $1.8M | $1.3M | 50x | |
| Bybit ZRXUSDT | +0.0100% | 8h | 0.1198 | −0.115% | $1.4M | $376K | 25x | as long as short |
| OKX ZRX-USDT-SWAP | +0.0100% | 4h | 0.1198 | −0.140% | $529K | $303K | 20x | as long as short |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1201 | +0.152% | $144K | $44K | 75x | as long as short |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1200 | +0.052% | $920K | $166K | 50x | as long as short |
| KuCoin ZRXUSDTM | +0.0100% | 4h | 0.1202 | +0.218% | $324K | $48K | 30x | as long as short |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1199 | −0.032% | $577K | $119K | 50x | as long as short |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1201 | +0.135% | — | $2.3M | — | as long as short |
| Variational Omni ZRX | +0.0100% | 8h | 0.1202 | +0.236% | $23K | $41K | — | as long as short |
| BloFin ZRX-USDTshort | +0.0113% | 4h | 0.1201 | +0.135% | $95K | $19K | 50x |
Bybit ZRXUSDT
OKX ZRX-USDT-SWAP
Gate ZRX_USDT
MEXC ZRX_USDT
KuCoin ZRXUSDTM
Bitget ZRXUSDT
BingX ZRX-USDT
Variational Omni ZRXShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZRXUSD | +0.1944% | 1h | 0.1207 | +0.653% | $39K | $4K | 10x | as long as short |
Kraken Futures PF_ZRXUSD