Funding you earn now, next payment 04:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.15 per $10,000 · paid last 24h +0.871%
Price spread now: BingX against MEXC−0.143%7-day average +0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs+$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$820.817% of the position
Funding, last 7 days+1.047%+$105 on $10k
+Price spread, last 4 days (all we have)+0.261%+$26 · spread now −0.143%, 7d avg +0.027%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.171% cheaper against MEXC than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of +0.027%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.047%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZKC_USDT | 0.04183 | 0.0100 | pay 0.0050% / 4h | 2h 25m | $358K | $152K | 20x |
| Short | BingX ZKC-USDT | 0.04177 | 0.0070 | get 0.0035% / 4h | 2h 25m | — | $2.4M | — |
MEXC ZKC_USDT
BingX ZKC-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
- −$6.3
- Price spread: −0.143% → +0.027%
- −$17.06
- Slippage, 4 orders
- −$67.65
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$105.01
- Costs to cover
- 0.817%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 24 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, 24 min ago | 1.21 bp | 9.5 bp −$9 | 44.6 bp −$446 | 191.0 bp −$19.1K | doesn't fit |
| Sell BingX live order book, 3 min ago | 4.80 bp | 29.3 bp −$29 | 94.6 bp −$946 | 898.3 bp −$89.8K | 1373.7 bp −$686.9K |
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 | |
|---|---|---|---|---|---|---|---|---|
| BingX ZKC-USDTshort | +0.0070% | 4h | 0.04177 | −0.143% | — | $2.4M | — | |
| Aster ZKCUSDT | +0.0100% | 4h | 0.04186 | +0.076% | $5K | $2K | 5x | as long as short |
| Binance ZKCUSDT | +0.0100% | 4h | 0.04183 | +0.011% | $2.3M | $3.5M | 25x | as long as short |
| Gate ZKC_USDT | +0.0100% | 4h | 0.04182 | −0.024% | $177K | $155K | 25x | as long as short |
| MEXC ZKC_USDTlong | +0.0100% | 4h | 0.04183 | long leg | $358K | $152K | 20x | |
| KuCoin ZKCUSDTM | +0.0100% | 4h | 0.04190 | +0.167% | $256K | $53K | 25x | as long as short |
| Bitget ZKCUSDT | +0.0100% | 4h | 0.04185 | +0.048% | $426K | $186K | 25x | as long as short |
| SunX ZKC-USDT | +0.0100% | 4h | 0.04183 | 0.000% | — | $1.1M | 10x | as long as short |
| HTX ZKC-USDT | +0.0100% | 4h | 0.04185 | +0.048% | $5K | $336K | 20x | as long as short |
| Bybit ZKCUSDT | +0.1463% | 4h | 0.04169 | −0.335% | $889K | $711K | 25x | as long as short |
Aster ZKCUSDT
Binance ZKCUSDT
Gate ZKC_USDT
KuCoin ZKCUSDTM
Bitget ZKCUSDT
SunX ZKC-USDT
HTX ZKC-USDT
Bybit ZKCUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ZKC | +0.1948% | 4h | 0.04173 | −0.244% | $29K | $30K | — | as long as short |
Variational Omni ZKC