Funding you earn now, next payment 04:00 UTC+0.0035%/8h= +3.8% APRpaid last 24h +0.031%
Price spread now: BloFin against Bybit+0.066%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+0.305%+$31 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 +$1 a day on $10k at the current rate, and BloFin is 0.066% dearer against Bybit than usual: you sell high and buy low: +$7 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 | Bybit ZRXUSDT | 0.1209 | 0.0100 | pay 0.0100% / 8h | 4h 14m | $1.4M | $343K | 25x |
| Short | BloFin ZRX-USDT | 0.1210 | 0.0135 | get 0.0067% / 4h | 14m 33s | $95K | $23K | 50x |
Bybit ZRXUSDT
BloFin ZRX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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
- $7.29
- Price spread: +0.066% → 0.000%
- $6.62
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$9.1
- Costs to cover
- 0.230%
- Break-even
- 15.7 days
Slippage unknown: Bybit: live order book, 1 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 Bybit live order book, 1 min ago | 6.63 bp | 66.5 bp −$66 | 188.7 bp −$1,887 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZRXUSDTM | +0.0060% | 4h | 0.1208 | −0.099% | $325K | $49K | 30x | as long as short |
| Binance ZRXUSDT | +0.0100% | 4h | 0.1209 | −0.056% | $1.8M | $1.4M | 50x | as long as short |
| Bybit ZRXUSDTlong | +0.0100% | 8h | 0.1209 | long leg | $1.4M | $343K | 25x | |
| OKX ZRX-USDT-SWAP | +0.0100% | 4h | 0.1210 | +0.091% | $531K | $350K | 20x | as long as short |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1206 | −0.240% | $146K | $42K | 75x | as long as short |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1209 | −0.017% | $914K | $170K | 50x | as long as short |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1207 | −0.182% | $580K | $121K | 50x | as long as short |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1209 | −0.017% | — | $2.3M | — | as long as short |
| Variational Omni ZRX | +0.0100% | 8h | 0.1207 | −0.179% | $23K | $15K | — | as long as short |
| BloFin ZRX-USDTshort | +0.0135% | 4h | 0.1210 | +0.066% | $95K | $23K | 50x |
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 | +0.0967% | 1h | 0.1210 | +0.102% | $39K | $4K | 10x | as long as short |
Kraken Futures PF_ZRXUSD