Funding you earn now, next payment 00:00 UTC−0.0028%/8h= −3.1% APRnext payment −$0.14 per $10,000 · paid last 24h +0.002%
Price spread now: MEXC against BingX−0.045%7-day average +0.115% · you buy dearer than you sell
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1011.014% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 7 days+0.254%+$25 · spread now −0.045%, 7d avg +0.115%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.160% cheaper against BingX than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.115%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZEREBRO-USDT | 0.03366 | 0.0294 | pay 0.0147% / 4h | 1h 29m | — | $1.3M | — |
| Short | MEXC ZEREBRO_USDT | 0.03365 | 0.0266 | get 0.0133% / 4h | 1h 29m | $7.0M | $127K | 50x |
BingX ZEREBRO-USDT
MEXC ZEREBRO_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
- −$5.88
- Price spread: −0.045% → +0.115%
- −$15.99
- Slippage, 4 orders
- −$87.39
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$123.26
- Costs to cover
- 1.014%
- Break-even
- never at this rate
Slippage from BingX: live order book, 16 min ago; MEXC: live order book, 3 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 BingX live order book, 16 min ago | 2.07 bp | 32.3 bp −$32 | 295.0 bp −$2,950 | 523.1 bp −$52.3K | 712.9 bp −$356.4K |
| Sell MEXC live order book, 3 min ago | 3.56 bp | 14.5 bp −$15 | 57.4 bp −$574 | 245.1 bp −$24.5K | 410.8 bp −$205.4K |
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 | −0.0781% | 1h | 0.03358 | −0.236% | $3K | $2K | 10x | as long as short |
| Bybit ZEREBROUSDT | +0.0100% | 4h | 0.03361 | −0.160% | $5.2M | $873K | 13x | as long as short |
| Gate ZEREBRO_USDT | +0.0100% | 4h | 0.03365 | −0.042% | $449K | $21K | 10x | as long as short |
| KuCoin ZEREBROUSDTM | +0.0100% | 4h | 0.03361 | −0.160% | $1.4M | $2.9M | 10x | as long as short |
| Variational Omni ZEREBRO | +0.0100% | 4h | 0.03361 | −0.173% | $108K | $14K | — | as long as short |
| BloFin ZEREBRO-USDT | +0.0239% | 4h | 0.03381 | +0.437% | $265K | $12K | 10x | as long as short |
| Binance ZEREBROUSDT | +0.0258% | 4h | 0.03366 | −0.009% | $4.6M | $1.3M | 10x | as long as short |
| Extended ZEREBRO-USD | +0.0264% | 1h | 0.03365 | −0.028% | $5K | $169K | 5x | as long as short |
| MEXC ZEREBRO_USDTshort | +0.0266% | 4h | 0.03365 | −0.045% | $7.0M | $127K | 50x | |
| BingX ZEREBRO-USDTlong | +0.0294% | 4h | 0.03366 | long leg | — | $1.3M | — |
Kraken Futures PF_ZEREBROUSD
Bybit ZEREBROUSDT
Gate ZEREBRO_USDT
KuCoin ZEREBROUSDTM
Variational Omni ZEREBRO
BloFin ZEREBRO-USDT
Binance ZEREBROUSDT
Extended ZEREBRO-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ZEREBROUSDT | +0.0369% | 4h | 0.03368 | +0.054% | $378K | $21K | 5x | as long as short |
Aster ZEREBROUSDT