Funding you earn now, next payment 04:00 UTC+0.1088%/8h= +119.2% APRnext payment +$5.44 per $10,000 · paid last 24h +1.131%
Price spread now: Bybit against MEXC−0.215%7-day average +0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs$0as in the Funding arb table
Net, price: spread back to 7d avg − costs−$148as in the Price arb table
costs, in and out, $10k−$1231.228% of the position
Funding, last 7 days+1.229%+$123 on $10k
+Price spread, last 4 days (all we have)+0.443%+$44 · spread now −0.215%, 7d avg +0.033%
=Funding pays, the price is against you. Bybit is 0.248% cheaper against MEXC than usual: you would sell low and buy high (spread −0.215% now, against its 7-day average of +0.033%). If the spread goes back, that is −$25 on $10k: about 18 hours of funding at the current rate (+$33 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZKC_USDT | 0.04178 | 0.0100 | pay 0.0050% / 4h | 3h 10m | $343K | $150K | 20x |
| Short | Bybit ZKCUSDT | 0.04169 | 0.1188 | get 0.0594% / 4h | 3h 10m | $878K | $669K | 25x |
MEXC ZKC_USDT
Bybit ZKCUSDTFunding 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
- $228.53
- Price spread: −0.215% → +0.033%
- −$24.84
- Slippage, 4 orders
- −$107.81
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $80.89
- Costs to cover
- 1.228%
- Break-even
- 4.5 days
Slippage from MEXC: live order book, 44 min ago; Bybit: live order book, 59 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, 44 min ago | 1.21 bp | 13.4 bp −$13 | 57.0 bp −$570 | 203.5 bp −$20.4K | doesn't fit |
| Sell Bybit live order book, 59 min ago | 4.84 bp | 46.1 bp −$46 | 705.1 bp −$7,051 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX ZKC-USDT | +0.0070% | 4h | 0.04179 | +0.024% | — | $2.4M | — | as long as short |
| Aster ZKCUSDT | +0.0100% | 4h | 0.04181 | +0.062% | $5K | $1K | 5x | as long as short |
| Binance ZKCUSDT | +0.0100% | 4h | 0.04180 | +0.042% | $2.2M | $3.3M | 25x | as long as short |
| Gate ZKC_USDT | +0.0100% | 4h | 0.04179 | +0.024% | $177K | $159K | 25x | as long as short |
| MEXC ZKC_USDTlong | +0.0100% | 4h | 0.04178 | long leg | $343K | $150K | 20x | |
| KuCoin ZKCUSDTM | +0.0100% | 4h | 0.04180 | +0.048% | $255K | $54K | 25x | as long as short |
| Bitget ZKCUSDT | +0.0100% | 4h | 0.04183 | +0.120% | $427K | $181K | 25x | as long as short |
| SunX ZKC-USDT | +0.0100% | 4h | 0.04181 | +0.072% | — | $1.0M | 10x | as long as short |
| HTX ZKC-USDT | +0.0100% | 4h | 0.04160 | −0.431% | $5K | $337K | 20x | as long as short |
| Bybit ZKCUSDTshort | +0.1188% | 4h | 0.04169 | −0.215% | $878K | $669K | 25x |
BingX ZKC-USDT
Aster ZKCUSDT
Binance ZKCUSDT
Gate ZKC_USDT
KuCoin ZKCUSDTM
Bitget ZKCUSDT
SunX ZKC-USDT
HTX ZKC-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ZKC | +0.2761% | 4h | 0.04165 | −0.316% | $29K | $30K | — | as long as short |
Variational Omni ZKC