Funding you earn now, next payment 04:00 UTC+0.0078%/8h= +8.5% APRnext payment +$0.39 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Gate+0.009%7-day average −0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$690.693% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 7 days−0.050%−$5 · spread now +0.009%, 7d avg −0.024%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and MEXC is 0.033% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.024%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ZRO_USDT | 1.1700 | 0.0022 | pay 0.0011% / 4h | 1h 41m | $1.3M | $1.5M | 75x |
| Short | MEXC ZRO_USDT | 1.1701 | 0.0100 | get 0.0050% / 4h | 1h 41m | $19.1M | $2.7M | 125x |
Gate ZRO_USDT
MEXC ZRO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Gate. 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
- $16.38
- Price spread: +0.009% → −0.024%
- $3.25
- Slippage, 4 orders
- −$54.27
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$49.64
- Costs to cover
- 0.693%
- Break-even
- 28.2 days
Slippage from Gate: live order book, 1 min ago; MEXC: live order book, 7 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 Gate live order book, 1 min ago | 8.54 bp | 27.7 bp −$28 | 74.7 bp −$747 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 7 min ago | 0.43 bp | 5.0 bp −$5 | 37.4 bp −$374 | 74.3 bp −$7,426 | 291.6 bp −$145.8K |
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 | −0.0560% | 1h | 1.1705 | +0.045% | $7K | $3K | 5x | as long as short |
| Bybit ZROUSDT | −0.0039% | 4h | 1.1695 | −0.043% | $17.9M | $14.0M | 50x | as long as short |
| dYdX ZRO-USD | 0.0000% | 1h | 1.1702 | +0.015% | $21K | $3K | 5x | as long as short |
| Gate ZRO_USDTlong | +0.0022% | 4h | 1.1700 | long leg | $1.3M | $1.5M | 75x | |
| Orderly PERP_ZRO_USDC | +0.0035% | 4h | 1.1717 | +0.145% | $21K | $5K | 10x | as long as short |
| BloFin ZRO-USDT | +0.0087% | 4h | 1.1713 | +0.111% | $1.1M | $249K | 75x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1717 | +0.144% | $4.4M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1715 | +0.128% | $37.1M | $5.5M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1712 | +0.102% | $158K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1706 | +0.048% | $136K | $170K | 5x | as long as short |
01 Exchange ZROUSD
Bybit ZROUSDT
dYdX ZRO-USD
Orderly PERP_ZRO_USDC
BloFin ZRO-USDT
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZROShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ZROUSDT | +0.0100% | 4h | 1.1698 | −0.019% | $21.9M | $29.9M | 75x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1702 | +0.017% | $3.2M | $8.0M | 20x | as long as short |
| MEXC ZRO_USDTshort | +0.0100% | 4h | 1.1701 | +0.009% | $19.1M | $2.7M | 125x | |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1704 | +0.034% | $2.3M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1691 | −0.077% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1696 | −0.034% | — | $16.5M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1722 | +0.188% | $95K | $210K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1661 | −0.334% | $2.3M | $813K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1690 | −0.085% | $39K | $674K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1722 | +0.188% | $100K | $851K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1710 | +0.085% | $21K | — | 3x | as long as short |
| Nado ZRO-PERP | +0.0186% | 1h | 1.1714 | +0.117% | $1.3M | $127K | 5x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0198% | 1h | 1.1725 | +0.210% | $258K | $407K | 25x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1722 | +0.185% | $3K | — | 100x | as long as short |
| Extended ZRO-USD | +0.0560% | 1h | 1.1697 | −0.023% | $785K | $591K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1102% | 1h | 1.1750 | +0.427% | $12K | $260K | 12x | as long as short |
Binance ZROUSDT
OKX ZRO-USDT-SWAP
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
Nado ZRO-PERP
Kraken Futures PF_ZROUSD
GMX ZRO/USD [ETH-USDC]
Extended ZRO-USD
Injective ZRO/USDC PERP