Funding you earn now, next payment 08:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.10 per $10,000 · paid last 24h +0.001%
Price spread now: BingX against MEXC−0.100%7-day average −0.111% · you buy dearer than you sell
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$990.995% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 7 days+0.024%+$2 · spread now −0.100%, 7d avg −0.111%
=The price spread sits at its 7-day average of −0.111%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZEREBRO_USDT | 0.03407 | 0.0332 | pay 0.0166% / 4h | 2h 13m | $7.1M | $126K | 50x |
| Short | BingX ZEREBRO-USDT | 0.03404 | 0.0312 | get 0.0156% / 4h | 2h 13m | — | $1.3M | — |
MEXC ZEREBRO_USDT
BingX ZEREBRO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against MEXC. 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
- −$4.2
- Price spread: −0.100% → −0.111%
- $1.11
- Slippage, 4 orders
- −$85.5
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$102.58
- Costs to cover
- 0.995%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 min ago; BingX: 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 MEXC live order book, 5 min ago | 3.81 bp | 19.7 bp −$20 | 63.0 bp −$630 | 239.4 bp −$23.9K | 432.4 bp −$216.2K |
| Sell BingX live order book, 3 min ago | 3.38 bp | 20.7 bp −$21 | 211.2 bp −$2,112 | 580.3 bp −$58.0K | 766.9 bp −$383.4K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZEREBROUSDT | +0.0100% | 4h | 0.03399 | −0.247% | $5.3M | $928K | 13x | as long as short |
| Gate ZEREBRO_USDT | +0.0100% | 4h | 0.03401 | −0.173% | $456K | $25K | 10x | as long as short |
| KuCoin ZEREBROUSDTM | +0.0100% | 4h | 0.03407 | −0.012% | $1.5M | $2.9M | 10x | as long as short |
| Variational Omni ZEREBRO | +0.0100% | 4h | 0.03397 | −0.292% | $108K | $15K | — | as long as short |
| BingX ZEREBRO-USDTshort | +0.0312% | 4h | 0.03404 | −0.100% | — | $1.3M | — | |
| MEXC ZEREBRO_USDTlong | +0.0332% | 4h | 0.03407 | long leg | $7.1M | $126K | 50x | |
| Binance ZEREBROUSDT | +0.0333% | 4h | 0.03407 | −0.015% | $4.7M | $1.4M | 10x | as long as short |
| Extended ZEREBRO-USD | +0.0336% | 1h | 0.03407 | −0.019% | $2K | $225K | 5x | as long as short |
| BloFin ZEREBRO-USDT | +0.0337% | 4h | 0.03406 | −0.038% | $270K | $12K | 10x | as long as short |
| Aster ZEREBROUSDT | +0.0350% | 4h | 0.03409 | +0.061% | $383K | $19K | 5x | as long as short |
Bybit ZEREBROUSDT
Gate ZEREBRO_USDT
KuCoin ZEREBROUSDTM
Variational Omni ZEREBRO
Binance ZEREBROUSDT
Extended ZEREBRO-USD
BloFin ZEREBRO-USDT
Aster ZEREBROUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZEREBROUSD | +0.0549% | 1h | 0.03401 | −0.181% | $3K | $2K | 10x | as long as short |
Kraken Futures PF_ZEREBROUSD