Funding you earn now, next payment 12:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.06 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against MEXC+0.270%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$1061.065% of the position
Funding, last 7 days+0.016%+$2 on $10k
+Price spread, last 4 days (all we have)−0.889%−$89 · spread now +0.270%, 7d avg −0.014%
=The price spread pays, funding is against you. BloFin is 0.284% dearer against MEXC than usual: you sell high and buy low (spread +0.270% now, against its 7-day average of −0.014%): +$28 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 3 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZEREBRO_USDT | 0.03410 | 0.0370 | pay 0.0185% / 4h | 1h 54m | $7.2M | $132K | 50x |
| Short | BloFin ZEREBRO-USDT | 0.03419 | 0.0358 | get 0.0179% / 4h | 1h 54m | $277K | $13K | 10x |
MEXC ZEREBRO_USDT
BloFin ZEREBRO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$2.45
- Price spread: +0.270% → −0.014%
- $28.36
- Slippage, 4 orders
- −$90.45
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$80.54
- Costs to cover
- 1.065%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; BloFin: live order book, 52 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, 1 min ago | 3.22 bp | 27.5 bp −$27 | 60.9 bp −$609 | 243.8 bp −$24.4K | 408.6 bp −$204.3K |
| Sell BloFin live order book, 52 min ago | 1.32 bp | 32.8 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
ZEREBRO on 11 exchanges
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 | 0.03405 | −0.152% | $5.3M | $737K | 13x | as long as short |
| Gate ZEREBRO_USDT | +0.0100% | 4h | 0.03409 | −0.041% | $456K | $24K | 10x | as long as short |
| KuCoin ZEREBROUSDTM | +0.0100% | 4h | 0.03410 | +0.006% | $1.4M | $2.8M | 10x | as long as short |
| Variational Omni ZEREBRO | +0.0100% | 4h | 0.03409 | −0.031% | $109K | $6K | — | as long as short |
| BloFin ZEREBRO-USDTshort | +0.0358% | 4h | 0.03419 | +0.270% | $277K | $13K | 10x | |
| Extended ZEREBRO-USD | +0.0368% | 1h | 0.03410 | +0.008% | $14 | $221K | 5x | as long as short |
| Binance ZEREBROUSDT | +0.0369% | 4h | 0.03411 | +0.029% | $4.7M | $1.4M | 10x | as long as short |
| MEXC ZEREBRO_USDTlong | +0.0370% | 4h | 0.03410 | long leg | $7.2M | $132K | 50x | |
| BingX ZEREBRO-USDT | +0.0382% | 4h | 0.03406 | −0.120% | — | $1.3M | — | as long as short |
| Aster ZEREBROUSDT | +0.0386% | 4h | 0.03416 | +0.159% | $383K | $39K | 5x | as long as short |
Bybit ZEREBROUSDT
Gate ZEREBRO_USDT
KuCoin ZEREBROUSDTM
Variational Omni ZEREBRO
Extended ZEREBRO-USD
Binance ZEREBROUSDT
BingX ZEREBRO-USDT
Aster ZEREBROUSDTShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZEREBROUSD | +0.8583% | 1h | 0.03442 | +0.935% | $3K | $4K | 10x | as long as short |
Kraken Futures PF_ZEREBROUSD