Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against BingX+0.025%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$290.285% of the position
Funding, last 7 days−0.029%−$3 on $10k
+Price spread, last 7 days−0.048%−$5 · spread now +0.025%, 7d avg +0.005%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZRO-USDT | 1.1860 | 0.0100 | pay 0.0050% / 4h | 3h 13m | — | $15.8M | — |
| Short | MEXC ZRO_USDT | 1.1863 | 0.0100 | get 0.0050% / 4h | 3h 13m | $19.3M | $2.7M | 125x |
Funding 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
- $0
- Price spread: +0.025% → +0.005%
- $1.99
- Slippage, 4 orders
- −$18.51
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$26.52
- Costs to cover
- 0.285%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; MEXC: live order book, 5 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, 10 min ago | 2.12 bp | 8.1 bp −$8 | 13.6 bp −$136 | 26.9 bp −$2,695 | 49.3 bp −$24.6K |
| Sell MEXC live order book, 5 min ago | 0.85 bp | 6.5 bp −$7 | 46.8 bp −$468 | 70.1 bp −$7,005 | 394.5 bp −$197.3K |
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 | −0.0096% | 1h | 1.1844 | −0.134% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0012% | 4h | 1.1855 | −0.042% | $21K | $6K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1868 | +0.070% | $4.4M | $1.5M | 5x | as long as short |
| BloFin ZRO-USDT | +0.0098% | 4h | 1.1851 | −0.076% | $1.1M | $255K | 75x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1870 | +0.086% | $37.6M | $5.7M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1861 | +0.005% | $159K | $149K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1860 | −0.002% | $137K | $168K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1857 | −0.026% | $22.3M | $30.1M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1851 | −0.076% | $18.1M | $14.1M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1853 | −0.059% | $3.2M | $8.0M | 20x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ZRO_USDT | +0.0100% | 4h | 1.1850 | −0.084% | $1.4M | $1.5M | 75x | as long as short |
| MEXC ZRO_USDTshort | +0.0100% | 4h | 1.1863 | +0.025% | $19.3M | $2.7M | 125x | |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1858 | −0.017% | $2.4M | $1.9M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1859 | −0.008% | $2.7M | $2.4M | 75x | as long as short |
| BingX ZRO-USDTlong | +0.0100% | 4h | 1.1860 | long leg | — | $15.8M | — | |
| Variational Omni ZRO | +0.0100% | 4h | 1.1818 | −0.353% | $2.3M | $853K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1850 | −0.084% | $37K | $688K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1862 | +0.017% | $92K | $824K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1855 | −0.042% | $21K | — | 3x | as long as short |
| dYdX ZRO-USD | +0.0213% | 1h | 1.1856 | −0.037% | $21K | $3K | 5x | as long as short |
| Nado ZRO-PERP | +0.0288% | 1h | 1.1851 | −0.077% | $1.4M | $127K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1859 | −0.012% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0300% | 1h | 1.1867 | +0.055% | $254K | $410K | 25x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0414% | 1h | 1.1866 | +0.051% | $99K | $205K | 20x | as long as short |
| Injective ZRO/USDC PERP | +0.1190% | 1h | 1.1870 | +0.084% | $12K | $260K | 12x | as long as short |
| Extended ZRO-USD | +0.1240% | 1h | 1.1855 | −0.039% | $788K | $589K | 10x | as long as short |
BingX ZRO-USDT
MEXC ZRO_USDT
01 Exchange ZROUSD
Lighter ZRO
BloFin ZRO-USDT
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDT
OKX ZRO-USDT-SWAP
Gate ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Backpack ZRO_USDC_PERP
Injective ZRO/USDC PERP
Extended ZRO-USD