Funding you earn now, next payment 00:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.009%
Price spread now: MEXC against BingX+0.036%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$570.570% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 7 days−0.048%−$5 · spread now +0.036%, 7d avg +0.023%
=The price spread sits at its 7-day average of +0.023%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZORA-USDT | 0.008418 | 0.0070 | pay 0.0035% / 4h | 1h 10m | — | $6.6M | — |
| Short | MEXC ZORA_USDT | 0.008421 | 0.0100 | get 0.0050% / 4h | 1h 10m | $9.8M | $228K | 50x |
BingX ZORA-USDT
MEXC ZORA_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
- $6.3
- Price spread: +0.036% → +0.023%
- $1.23
- Slippage, 4 orders
- −$42.99
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$49.46
- Costs to cover
- 0.570%
- Break-even
- 62.0 days
Slippage from BingX: live order book, 5 min ago; MEXC: live order book, 2 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, 5 min ago | 2.38 bp | 13.7 bp −$14 | 41.0 bp −$410 | 517.2 bp −$51.7K | 1126.7 bp −$563.3K |
| Sell MEXC live order book, 2 min ago | 1.19 bp | 14.7 bp −$15 | 79.8 bp −$798 | 241.3 bp −$24.1K | doesn't fit |
ZORA on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ZORA-USD | 0.0000% | 1h | 0.008421 | +0.038% | $310 | $5 | 5x | as long as short |
| BingX ZORA-USDTlong | +0.0070% | 4h | 0.008418 | long leg | — | $6.6M | — | |
| Lighter ZORA | +0.0096% | 1h | 0.008410 | −0.095% | $22K | $11K | 3x | as long as short |
| Hyperliquid ZORA | +0.0100% | 1h | 0.008435 | +0.202% | $1.6M | $318K | 3x | as long as short |
| Aster ZORAUSDT | +0.0100% | 4h | 0.008427 | +0.106% | $26K | $28K | 5x | as long as short |
| Binance ZORAUSDT | +0.0100% | 4h | 0.008425 | +0.083% | $2.5M | $3.9M | 50x | as long as short |
| Bybit ZORAUSDT | +0.0100% | 4h | 0.008411 | −0.083% | $2.3M | $1.6M | 25x | as long as short |
| OKX ZORA-USDT-SWAP | +0.0100% | 4h | 0.008416 | −0.024% | $765K | $974K | 10x | as long as short |
| Gate ZORA_USDT | +0.0100% | 4h | 0.008420 | +0.024% | $157K | $75K | 25x | as long as short |
| MEXC ZORA_USDTshort | +0.0100% | 4h | 0.008421 | +0.036% | $9.8M | $228K | 50x |
dYdX ZORA-USD
Lighter ZORA
Hyperliquid ZORA
Aster ZORAUSDT
Binance ZORAUSDT
Bybit ZORAUSDT
OKX ZORA-USDT-SWAP
Gate ZORA_USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZORAUSDTM | +0.0100% | 4h | 0.008418 | 0.000% | $774K | $1.1M | 30x | as long as short |
| Bitget ZORAUSDT | +0.0100% | 4h | 0.008431 | +0.154% | $736K | $211K | 25x | as long as short |
| Variational Omni ZORA | +0.0100% | 4h | 0.008400 | −0.214% | $125K | $26K | — | as long as short |
| SunX ZORA-USDT | +0.0100% | 4h | 0.008600 | +2.162% | $1K | $1.2M | 20x | as long as short |
| Extended ZORA-USD | +0.0104% | 1h | 0.008421 | +0.033% | $6K | $169K | 5x | as long as short |
| Backpack ZORA_USDC_PERP | +0.0160% | 1h | 0.008423 | +0.059% | $34K | $116K | 10x | as long as short |
| GMX ZORA/USD [ETH-USDC] | L +0.0230% / S −0.0433% | 1h | 0.008422 | +0.048% | $1K | — | 100x | as long as short |
KuCoin ZORAUSDTM
Bitget ZORAUSDT
Variational Omni ZORA
SunX ZORA-USDT
Extended ZORA-USD
Backpack ZORA_USDC_PERP
GMX ZORA/USD [ETH-USDC]