Funding you earn now, next payment 04:00 UTC−0.0005%/8h= −0.5% APRnext payment −$0.02 per $10,000 · paid last 24h −0.004%
Price spread now: MEXC against BloFin−0.254%109s7-day average +0.016% · 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—prices read too far apart to compare
costs, in and out, $10k−$1011.014% of the position
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 4 days (all we have)+0.873%+$87 · spread now −0.254%, 7d avg +0.016%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.270% cheaper against BloFin than usual: you would sell low and buy high, −$27 on $10k if it goes back to its 7-day average of +0.016%. The two prices were read 109 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ZEREBRO-USDT | 0.03430 | 0.0343 | pay 0.0171% / 4h | 19m 15s | $271K | $12K | 10x |
| Short | MEXC ZEREBRO_USDT | 0.03421 | 0.0338 | get 0.0169% / 4h | 19m 15s | $7.1M | $126K | 50x |
BloFin ZEREBRO-USDT
MEXC ZEREBRO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$1.04
- Price spread: −0.254% → +0.016%
- −$27.01
- Slippage, 4 orders
- −$85.39
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$129.43
- Costs to cover
- 1.014%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 13 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 BloFin live order book, 13 min ago | 0.15 bp | 21.1 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 1.89 bp | 19.3 bp −$19 | 62.1 bp −$621 | 238.2 bp −$23.8K | 378.8 bp −$189.4K |
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 | +0.0033% | 1h | 0.03418 | −0.334% | $3K | $2K | 10x | as long as short |
| KuCoin ZEREBROUSDTM | +0.0084% | 4h | 0.03418 | −0.335% | $1.5M | $3.0M | 10x | as long as short |
| Bybit ZEREBROUSDT | +0.0100% | 4h | 0.03416 | −0.397% | $5.3M | $929K | 13x | as long as short |
| Gate ZEREBRO_USDT | +0.0100% | 4h | 0.03422 | −0.222% | $459K | $24K | 10x | as long as short |
| Variational Omni ZEREBRO | +0.0100% | 4h | 0.03419 | −0.298% | $109K | $15K | — | as long as short |
| BingX ZEREBRO-USDT | +0.0320% | 4h | 0.03417 | −0.367% | — | $1.3M | — | as long as short |
| Extended ZEREBRO-USD | +0.0336% | 1h | 0.03418 | −0.324% | $917 | $154K | 5x | as long as short |
| MEXC ZEREBRO_USDTshort | +0.0338% | 4h | 0.03421 | −0.254% | $7.1M | $126K | 50x | |
| Binance ZEREBROUSDT | +0.0340% | 4h | 0.03421 | −0.249% | $4.7M | $1.4M | 10x | as long as short |
| BloFin ZEREBRO-USDTlong | +0.0343% | 4h | 0.03430 | long leg | $271K | $12K | 10x |
Kraken Futures PF_ZEREBROUSD
KuCoin ZEREBROUSDTM
Bybit ZEREBROUSDT
Gate ZEREBRO_USDT
Variational Omni ZEREBRO
BingX ZEREBRO-USDT
Extended ZEREBRO-USD
Binance ZEREBROUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ZEREBROUSDT | +0.0375% | 4h | 0.03423 | −0.198% | $384K | $19K | 5x | as long as short |
Aster ZEREBROUSDT