Funding you earn now, next payment 04:00 UTC+0.0015%/8h= +1.7% APRnext payment +$0.08 per $10,000 · paid last 24h +0.002%
Price spread now: Binance against BloFin+0.021%7-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 Binance is 0.021% dearer against BloFin than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ZRX-USDT | 0.1196 | 0.0085 | pay 0.0042% / 4h | 3h 29m | $94K | $19K | 50x |
| Short | Binance ZRXUSDT | 0.1196 | 0.0100 | get 0.0050% / 4h | 3h 29m | $1.8M | $1.2M | 50x |
BloFin ZRX-USDT
Binance ZRXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- $3.24
- Price spread: +0.021% → 0.000%
- $2.05
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$16.7
- Costs to cover
- 0.220%
- Break-even
- 43.0 days
Slippage unknown: BloFin: no order-book sample; Binance: live order book, 4 min ago. 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 BloFin no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 4 min ago | 4.18 bp | 27.0 bp −$27 | 111.7 bp −$1,117 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZRXUSDTM | +0.0014% | 4h | 0.1195 | −0.084% | $327K | $59K | 30x | as long as short |
| BloFin ZRX-USDTlong | +0.0085% | 4h | 0.1196 | long leg | $94K | $19K | 50x | |
| Binance ZRXUSDTshort | +0.0100% | 4h | 0.1196 | +0.021% | $1.8M | $1.2M | 50x | |
| Bybit ZRXUSDT | +0.0100% | 8h | 0.1196 | +0.033% | $1.4M | $335K | 25x | as long as short |
| OKX ZRX-USDT-SWAP | +0.0100% | 4h | 0.1198 | +0.159% | $532K | $268K | 20x | as long as short |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1197 | +0.059% | $146K | $41K | 75x | as long as short |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1196 | 0.000% | $896K | $159K | 50x | as long as short |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1197 | +0.084% | $581K | $112K | 50x | as long as short |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1196 | 0.000% | — | $2.3M | — | as long as short |
| Variational Omni ZRX | +0.0100% | 8h | 0.1196 | +0.026% | $23K | $41K | — | as long as short |
KuCoin ZRXUSDTM
Bybit ZRXUSDT
OKX ZRX-USDT-SWAP
Gate ZRX_USDT
MEXC ZRX_USDT
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 | +0.0633% | 1h | 0.1199 | +0.223% | $39K | $4K | 10x | as long as short |
Kraken Futures PF_ZRXUSD