Funding you earn now, next payment 04:00 UTC+0.0031%/8h= +3.4% APRnext payment +$0.16 per $10,000 · paid last 24h +0.005%
Price spread now: BloFin against MEXC−0.337%7-day average +0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$750.750% of the position
Funding, last 7 days−0.013%−$1 on $10k
+Price spread, last 4 days (all we have)+0.837%+$84 · spread now −0.337%, 7d avg +0.053%
=Funding pays, the price is against you. BloFin is 0.390% cheaper against MEXC than usual: you would sell low and buy high (spread −0.337% now, against its 7-day average of +0.053%). If the spread goes back, that is −$39 on $10k: about 42 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZKP_USDT | 0.05042 | 0.0100 | pay 0.0050% / 4h | 1h 12m | $1.2M | $207K | 20x |
| Short | BloFin ZKP-USDT | 0.05025 | 0.0131 | get 0.0066% / 4h | 1h 12m | $216K | $45K | 40x |
MEXC ZKP_USDT
BloFin ZKP-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
- $6.53
- Price spread: −0.337% → +0.053%
- −$39.02
- Slippage, 4 orders
- −$59.03
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$107.52
- Costs to cover
- 0.750%
- Break-even
- 122.3 days
Slippage from MEXC: live order book, 3 min ago; BloFin: live order book, 25 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, 3 min ago | 2.98 bp | 14.1 bp −$14 | 66.3 bp −$663 | 452.7 bp −$45.3K | doesn't fit |
| Sell BloFin live order book, 25 min ago | 2.00 bp | 20.3 bp −$20 | 84.5 bp −$845 | doesn't fit | doesn't fit |
ZKP on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ZKPUSDT | +0.0100% | 4h | 0.05044 | +0.030% | $2.7M | $2.8M | 40x | as long as short |
| Bybit ZKPUSDT | +0.0100% | 4h | 0.05025 | −0.337% | $1.2M | $1.0M | 25x | as long as short |
| OKX ZKP-USDT-SWAP | +0.0100% | 4h | 0.05046 | +0.079% | $335K | $572K | 20x | as long as short |
| Gate ZKP_USDT | +0.0100% | 4h | 0.05028 | −0.278% | $327K | $189K | 25x | as long as short |
| MEXC ZKP_USDTlong | +0.0100% | 4h | 0.05042 | long leg | $1.2M | $207K | 20x | |
| KuCoin ZKPUSDTM | +0.0100% | 4h | 0.05027 | −0.298% | $581K | $524K | 20x | as long as short |
| Bitget ZKPUSDT | +0.0100% | 4h | 0.05044 | +0.040% | $310K | $275K | 20x | as long as short |
| BingX ZKP-USDT | +0.0100% | 4h | 0.05032 | −0.198% | — | $6.6M | — | as long as short |
| BloFin ZKP-USDTshort | +0.0131% | 4h | 0.05025 | −0.337% | $216K | $45K | 40x | |
| Aster ZKPUSDT | +0.0290% | 4h | 0.05022 | −0.388% | $27K | $84K | 5x | as long as short |
Binance ZKPUSDT
Bybit ZKPUSDT
OKX ZKP-USDT-SWAP
Gate ZKP_USDT
KuCoin ZKPUSDTM
Bitget ZKPUSDT
BingX ZKP-USDT
Aster ZKPUSDT