Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bitget0.000%7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1191.188% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.156%+$16 · spread now 0.000%, 7d avg +0.053%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.053% cheaper against Bitget than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.053%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ZRXUSDT | 0.1199 | 0.0100 | pay 0.0050% / 4h | 47m 56s | $583K | $122K | 50x |
| Short | Binance ZRXUSDT | 0.1199 | 0.0100 | get 0.0050% / 4h | 47m 56s | $1.8M | $1.2M | 50x |
Bitget ZRXUSDT
Binance ZRXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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: 0.000% → +0.053%
- −$5.29
- Slippage, 4 orders
- −$96.82
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$124.11
- Costs to cover
- 1.188%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 27 min ago; Binance: live order book, 16 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 Bitget live order book, 27 min ago | 8.38 bp | 24.2 bp −$24 | 136.1 bp −$1,361 | doesn't fit | doesn't fit |
| Sell Binance live order book, 16 min ago | 4.19 bp | 27.1 bp −$27 | 123.7 bp −$1,237 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZRXUSDTM | −0.0226% | 4h | 0.1196 | −0.250% | $328K | $59K | 30x | as long as short |
| Bybit ZRXUSDT | −0.0016% | 8h | 0.1199 | −0.025% | $1.4M | $340K | 25x | as long as short |
| BloFin ZRX-USDT | +0.0060% | 4h | 0.1200 | +0.083% | $95K | $19K | 50x | as long as short |
| Binance ZRXUSDTshort | +0.0100% | 4h | 0.1199 | 0.000% | $1.8M | $1.2M | 50x | |
| OKX ZRX-USDT-SWAP | +0.0100% | 4h | 0.1199 | −0.033% | $533K | $262K | 20x | as long as short |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1198 | −0.050% | $146K | $41K | 75x | as long as short |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1198 | −0.083% | $910K | $157K | 50x | as long as short |
| Bitget ZRXUSDTlong | +0.0100% | 4h | 0.1199 | long leg | $583K | $122K | 50x | |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1200 | +0.083% | — | $2.3M | — | as long as short |
| Variational Omni ZRX | +0.0100% | 8h | 0.1199 | −0.042% | $23K | $41K | — | as long as short |
KuCoin ZRXUSDTM
Bybit ZRXUSDT
BloFin ZRX-USDT
OKX ZRX-USDT-SWAP
Gate ZRX_USDT
MEXC ZRX_USDT
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 | +0.1199% | 1h | 0.1200 | +0.086% | $39K | $4K | 10x | as long as short |
Kraken Futures PF_ZRXUSD