Funding you earn now, next payment 08:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.05 per $10,000 · paid last 24h −0.876%
Price spread now: MEXC against BingX−0.070%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$187as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$830.828% of the position
Funding, last 7 days−1.047%−$105 on $10k
+Price spread, last 4 days (all we have)−0.048%−$5 · spread now −0.070%, 7d avg −0.023%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and MEXC is 0.047% cheaper against BingX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.023%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZKC-USDT | 0.04286 | 0.0110 | pay 0.0055% / 4h | 42m 19s | — | $2.3M | — |
| Short | MEXC ZKC_USDT | 0.04283 | 0.0100 | get 0.0050% / 4h | 42m 19s | $363K | $137K | 20x |
BingX ZKC-USDT
MEXC ZKC_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
- −$2.1
- Price spread: −0.070% → −0.023%
- −$4.7
- Slippage, 4 orders
- −$68.8
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$89.6
- Costs to cover
- 0.828%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; MEXC: live order book, 43 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, 6 min ago | 4.67 bp | 27.6 bp −$28 | 84.9 bp −$849 | 1131.1 bp −$113.1K | doesn't fit |
| Sell MEXC live order book, 43 min ago | 1.17 bp | 13.1 bp −$13 | 63.4 bp −$634 | 212.8 bp −$21.3K | doesn't fit |
ZKC 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ZKCUSDT | +0.0100% | 4h | 0.04287 | +0.018% | $5K | $2K | 5x | as long as short |
| Binance ZKCUSDT | +0.0100% | 4h | 0.04287 | +0.015% | $2.3M | $3.8M | 25x | as long as short |
| Bybit ZKCUSDT | +0.0100% | 4h | 0.04279 | −0.163% | $842K | $774K | 25x | as long as short |
| Gate ZKC_USDT | +0.0100% | 4h | 0.04283 | −0.070% | $170K | $146K | 25x | as long as short |
| MEXC ZKC_USDTshort | +0.0100% | 4h | 0.04283 | −0.070% | $363K | $137K | 20x | |
| KuCoin ZKCUSDTM | +0.0100% | 4h | 0.04289 | +0.070% | $258K | $53K | 25x | as long as short |
| Bitget ZKCUSDT | +0.0100% | 4h | 0.04293 | +0.163% | $466K | $215K | 25x | as long as short |
| Variational Omni ZKC | +0.0100% | 4h | 0.04294 | +0.179% | $11K | $44K | — | as long as short |
| SunX ZKC-USDT | +0.0100% | 4h | 0.04286 | 0.000% | — | $1.2M | 10x | as long as short |
| HTX ZKC-USDT | +0.0100% | 4h | 0.04281 | −0.117% | $5K | $332K | 20x | as long as short |
Aster ZKCUSDT
Binance ZKCUSDT
Bybit ZKCUSDT
Gate ZKC_USDT
KuCoin ZKCUSDTM
Bitget ZKCUSDT
Variational Omni ZKC
SunX ZKC-USDT
HTX ZKC-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ZKC-USDTlong | +0.0110% | 4h | 0.04286 | long leg | — | $2.3M | — |