Funding you earn now, next payment 00:00 UTC−0.0051%/8h= −5.6% APRpaid last 24h −0.028%
Price spread now: Bybit against BloFin+0.126%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−0.347%−$35 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Bybit is 0.126% dearer against BloFin than usual: you sell high and buy low (spread +0.126% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 8.2 days. At the pace of the last 7 days (−0.347% in total) that is about 2.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ZRX-USDT | 0.1191 | 0.0059 | pay 0.0030% / 4h | 20m 40s | $95K | $19K | 50x |
| Short | Bybit ZRXUSDT | 0.1192 | 0.0008 | get 0.0008% / 8h | 20m 40s | $1.4M | $341K | 25x |
BloFin ZRX-USDT
Bybit ZRXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$10.7
- Price spread: +0.126% → 0.000%
- $12.59
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$21.11
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; Bybit: live order book, just now. 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 Bybit live order book, just now | 7.13 bp | 45.5 bp −$46 | 184.3 bp −$1,843 | 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 | −0.0236% | 4h | 0.1189 | −0.168% | $326K | $60K | 30x | as long as short |
| Bybit ZRXUSDTshort | +0.0008% | 8h | 0.1192 | +0.126% | $1.4M | $341K | 25x | |
| BloFin ZRX-USDTlong | +0.0059% | 4h | 0.1191 | long leg | $95K | $19K | 50x | |
| Binance ZRXUSDT | +0.0100% | 4h | 0.1192 | +0.084% | $1.8M | $1.2M | 50x | as long as short |
| OKX ZRX-USDT-SWAP | +0.0100% | 4h | 0.1192 | +0.050% | $529K | $264K | 20x | as long as short |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1194 | +0.260% | $145K | $41K | 75x | as long as short |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1192 | +0.084% | $893K | $161K | 50x | as long as short |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1193 | +0.168% | $579K | $120K | 50x | as long as short |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1193 | +0.168% | — | $2.3M | — | as long as short |
| Variational Omni ZRX | +0.0100% | 8h | 0.1192 | +0.096% | $23K | $41K | — | as long as short |
KuCoin ZRXUSDTM
Binance 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 | +0.1203% | 1h | 0.1196 | +0.394% | $39K | $4K | 10x | as long as short |
Kraken Futures PF_ZRXUSD