Funding you earn now, next payment 04:00 UTC+0.0120%/8h= +13.1% APRnext payment +$0.60 per $10,000 · paid last 24h +0.036%
Price spread now: MEXC against BingX+0.159%7-day average −0.064% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.157%+$16 on $10k
+Price spread, last 4 days (all we have)−0.480%−$48 · spread now +0.159%, 7d avg −0.064%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and MEXC is 0.223% dearer against BingX than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of −0.064%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZCAT-USDT | 0.1004 | 0.0280 | pay 0.0140% / 4h | 2h 48m | — | $1.0M | — |
| Short | MEXC ZCAT_USDT | 0.1006 | 0.0400 | get 0.0200% / 4h | 2h 48m | $157K | $193K | 20x |
BingX ZCAT-USDT
MEXC ZCAT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against BingX. 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
- $25.2
- Price spread: +0.159% → −0.064%
- $22.33
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $33.53
- Costs to cover
- 0.140%
- Break-even
- from the start
Slippage unknown: BingX: live order book, 10 min ago; MEXC: live order book, 57 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 BingX live order book, 10 min ago | 22.91 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 57 min ago | 17.68 bp | 478.5 bp −$478 | doesn't fit | doesn't fit | doesn't fit |
ZCAT on 4 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ZCAT_USDT | +0.0100% | 4h | 0.09973 | −0.687% | $41K | $24K | 10x | as long as short |
| BingX ZCAT-USDTlong | +0.0280% | 4h | 0.1004 | long leg | — | $1.0M | — | |
| MEXC ZCAT_USDTshort | +0.0400% | 4h | 0.1006 | +0.159% | $157K | $193K | 20x | |
| Aster ZCATUSDT | +0.5907% | 1h | 0.09973 | −0.687% | $77K | $62K | 5x | as long as short |
Gate ZCAT_USDT
Aster ZCATUSDT