Funding you earn now, next payment 12:00 UTC−0.0204%/8h= −22.3% APRnext payment −$1.02 per $10,000 · paid last 24h −0.070%
Price spread now: Bybit against MEXC−0.183%7-day average −0.211% · you buy dearer than you sell
Net, funding: paid 7d − costs−$164as in the Funding arb table
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1491.493% of the position
Funding, last 7 days−0.144%−$14 on $10k
+Price spread, last 7 days+0.059%+$6 · spread now −0.183%, 7d avg −0.211%
=The price spread pays, funding is against you. Bybit is 0.028% dearer against MEXC than usual: you sell high and buy low (spread −0.183% now, against its 7-day average of −0.211%): +$3 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 11 hours. At the pace of the last 7 days (−0.144% in total) that is about 32 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZEREBRO_USDT | 0.03382 | 0.0304 | pay 0.0152% / 4h | 3h 51m | $7.1M | $127K | 50x |
| Short | Bybit ZEREBROUSDT | 0.03376 | 0.0100 | get 0.0050% / 4h | 3h 51m | $5.2M | $903K | 13x |
MEXC ZEREBRO_USDT
Bybit ZEREBROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$42.84
- Price spread: −0.183% → −0.211%
- $2.78
- Slippage, 4 orders
- −$134.25
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$189.31
- Costs to cover
- 1.493%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; Bybit: 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 MEXC live order book, 1 min ago | 1.33 bp | 18.7 bp −$19 | 58.3 bp −$583 | 239.6 bp −$24.0K | 399.9 bp −$200.0K |
| Sell Bybit live order book, 1 min ago | 2.97 bp | 55.6 bp −$56 | 205.8 bp −$2,058 | doesn't fit | doesn't fit |
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 | 0.03377 | −0.143% | $3K | $2K | 10x | as long as short |
| Bybit ZEREBROUSDTshort | +0.0100% | 4h | 0.03376 | −0.183% | $5.2M | $903K | 13x | |
| Gate ZEREBRO_USDT | +0.0100% | 4h | 0.03374 | −0.234% | $452K | $25K | 10x | as long as short |
| KuCoin ZEREBROUSDTM | +0.0100% | 4h | 0.03374 | −0.237% | $1.4M | $2.9M | 10x | as long as short |
| Variational Omni ZEREBRO | +0.0100% | 4h | 0.03370 | −0.356% | $108K | $15K | — | as long as short |
| Aster ZEREBROUSDT | +0.0298% | 4h | 0.03385 | +0.077% | $380K | $40K | 5x | as long as short |
| MEXC ZEREBRO_USDTlong | +0.0304% | 4h | 0.03382 | long leg | $7.1M | $127K | 50x | |
| Binance ZEREBROUSDT | +0.0311% | 4h | 0.03381 | −0.020% | $4.6M | $1.5M | 10x | as long as short |
| Extended ZEREBRO-USD | +0.0312% | 1h | 0.03381 | −0.022% | $3K | $223K | 5x | as long as short |
| BloFin ZEREBRO-USDT | +0.0338% | 4h | 0.03379 | −0.089% | $273K | $12K | 10x | as long as short |
Kraken Futures PF_ZEREBROUSD
Gate ZEREBRO_USDT
KuCoin ZEREBROUSDTM
Variational Omni ZEREBRO
Aster ZEREBROUSDT
Binance ZEREBROUSDT
Extended ZEREBRO-USD
BloFin ZEREBRO-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ZEREBRO-USDT | +0.0348% | 4h | 0.03378 | −0.124% | — | $1.3M | — | as long as short |
BingX ZEREBRO-USDT