Funding you earn now, next payment 12:00 UTC−0.0002%/8h= −0.2% APRnext payment −$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance−0.003%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$1011.015% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 7 days−0.040%−$4 · spread now −0.003%, 7d avg +0.006%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZEREBROUSDT | 0.03388 | 0.0332 | pay 0.0166% / 4h | 3h 46m | $4.6M | $1.5M | 10x |
| Short | MEXC ZEREBRO_USDT | 0.03388 | 0.0330 | get 0.0165% / 4h | 3h 46m | $7.1M | $128K | 50x |
Binance ZEREBROUSDT
MEXC ZEREBRO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Binance. 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
- −$0.34
- Price spread: −0.003% → +0.006%
- −$0.91
- Slippage, 4 orders
- −$87.46
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$102.71
- Costs to cover
- 1.015%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; MEXC: live order book, 1 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 Binance live order book, 6 min ago | 2.66 bp | 35.8 bp −$36 | 395.0 bp −$3,950 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 0.29 bp | 20.6 bp −$21 | 63.2 bp −$632 | 250.6 bp −$25.1K | 437.8 bp −$218.9K |
ZEREBRO 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZEREBROUSD | −0.0135% | 1h | 0.03375 | −0.369% | $3K | $2K | 10x | as long as short |
| Bybit ZEREBROUSDT | +0.0100% | 4h | 0.03377 | −0.313% | $5.2M | $903K | 13x | as long as short |
| Gate ZEREBRO_USDT | +0.0100% | 4h | 0.03376 | −0.339% | $452K | $25K | 10x | as long as short |
| KuCoin ZEREBROUSDTM | +0.0100% | 4h | 0.03377 | −0.322% | $1.4M | $2.9M | 10x | as long as short |
| Variational Omni ZEREBRO | +0.0100% | 4h | 0.03376 | −0.329% | $107K | $15K | — | as long as short |
| BloFin ZEREBRO-USDT | +0.0272% | 4h | 0.03378 | −0.292% | $272K | $12K | 10x | as long as short |
| Aster ZEREBROUSDT | +0.0319% | 4h | 0.03387 | −0.007% | $380K | $40K | 5x | as long as short |
| BingX ZEREBRO-USDT | +0.0322% | 4h | 0.03379 | −0.254% | — | $1.3M | — | as long as short |
| Extended ZEREBRO-USD | +0.0328% | 1h | 0.03384 | −0.099% | $2K | $227K | 5x | as long as short |
| MEXC ZEREBRO_USDTshort | +0.0330% | 4h | 0.03388 | −0.003% | $7.1M | $128K | 50x |
Kraken Futures PF_ZEREBROUSD
Bybit ZEREBROUSDT
Gate ZEREBRO_USDT
KuCoin ZEREBROUSDTM
Variational Omni ZEREBRO
BloFin ZEREBRO-USDT
Aster ZEREBROUSDT
BingX ZEREBRO-USDT
Extended ZEREBRO-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ZEREBROUSDTlong | +0.0332% | 4h | 0.03388 | long leg | $4.6M | $1.5M | 10x |