Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance−0.034%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$410.414% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 7 days+0.023%+$2 · spread now −0.034%, 7d avg +0.002%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.036% cheaper against Binance than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.002%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZROUSDT | 1.1809 | 0.0100 | pay 0.0050% / 4h | 0m 01s | $22.1M | $28.9M | 75x |
| Short | MEXC ZRO_USDT | 1.1805 | 0.0100 | get 0.0050% / 4h | 0m 01s | $19.4M | $2.7M | 125x |
Binance ZROUSDT
MEXC ZRO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Binance. 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
- $0
- Price spread: −0.034% → +0.002%
- −$3.58
- Slippage, 4 orders
- −$31.43
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$45
- Costs to cover
- 0.414%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; MEXC: live order book, 4 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 Binance live order book, 11 min ago | 0.43 bp | 13.3 bp −$13 | 29.0 bp −$290 | 339.6 bp −$34.0K | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.42 bp | 5.5 bp −$6 | 33.7 bp −$337 | 75.5 bp −$7,548 | 485.6 bp −$242.8K |
ZRO on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ZROUSD | −0.0016% | 1h | 1.1816 | +0.057% | $4K | $5K | 5x | as long as short |
| dYdX ZRO-USD | +0.0005% | 1h | 1.1822 | +0.109% | $21K | $5K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0081% | 4h | 1.1810 | +0.008% | $21K | $4K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1833 | +0.206% | $4.4M | $1.2M | 5x | as long as short |
| Nado ZRO-PERP | +0.0100% | 1h | 1.1813 | +0.037% | $1.3M | $128K | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1828 | +0.161% | $37.5M | $5.3M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1819 | +0.086% | $159K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1812 | +0.027% | $139K | $165K | 5x | as long as short |
| Binance ZROUSDTlong | +0.0100% | 4h | 1.1809 | long leg | $22.1M | $28.9M | 75x | |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1809 | 0.000% | $18.1M | $13.2M | 50x | as long as short |
01 Exchange ZROUSD
dYdX ZRO-USD
Orderly PERP_ZRO_USDC
Lighter ZRO
Nado ZRO-PERP
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Bybit ZROUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1811 | +0.017% | $3.2M | $7.8M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1800 | −0.076% | $1.3M | $1.4M | 75x | as long as short |
| MEXC ZRO_USDTshort | +0.0100% | 4h | 1.1805 | −0.034% | $19.4M | $2.7M | 125x | |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1815 | +0.051% | $2.4M | $2.2M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1801 | −0.068% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1813 | +0.034% | — | $21.7M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1801 | −0.064% | $2.3M | $759K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1840 | +0.263% | $40K | $668K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1819 | +0.085% | $100K | $811K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1801 | −0.071% | $21K | — | 3x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0122% | 1h | 1.1820 | +0.093% | $98K | $218K | 20x | as long as short |
| BloFin ZRO-USDT | +0.0141% | 4h | 1.1811 | +0.017% | $1.0M | $199K | 75x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0294% / S −0.2341% | 1h | 1.1812 | +0.023% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0426% | 1h | 1.1828 | +0.161% | $265K | $302K | 25x | as long as short |
| Extended ZRO-USD | +0.0448% | 1h | 1.1810 | +0.009% | $807K | $647K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1271% | 1h | 1.1850 | +0.347% | $12K | $261K | 12x | as long as short |
OKX ZRO-USDT-SWAP
Gate ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
Backpack ZRO_USDC_PERP
BloFin ZRO-USDT
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP