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 KuCoin−0.103%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1181.180% of the position
Funding, last 7 days−0.017%−$2 on $10k
+Price spread, last 7 days+0.092%+$9 · spread now −0.103%, 7d avg −0.006%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.097% cheaper against KuCoin than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ZROUSDTM | 1.1688 | 0.0100 | pay 0.0050% / 4h | 1h 55m | $2.4M | $2.0M | 50x |
| Short | MEXC ZRO_USDT | 1.1676 | 0.0100 | get 0.0050% / 4h | 1h 55m | $19.2M | $2.7M | 125x |
KuCoin ZROUSDTM
MEXC ZRO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against KuCoin. 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: −0.103% → −0.006%
- −$9.67
- Slippage, 4 orders
- −$106.03
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$127.69
- Costs to cover
- 1.180%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 1 min ago; MEXC: live order book, 3 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 KuCoin live order book, 1 min ago | 8.99 bp | 63.5 bp −$64 | 147.5 bp −$1,475 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.43 bp | 8.0 bp −$8 | 40.8 bp −$408 | 69.1 bp −$6,914 | 249.0 bp −$124.5K |
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ZRO-USD | 0.0000% | 1h | 1.1678 | −0.084% | $21K | $5K | 5x | as long as short |
| 01 Exchange ZROUSD | 0.0000% | 1h | 1.1667 | −0.177% | $4K | $5K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0078% | 4h | 1.1677 | −0.094% | $20K | $4K | 10x | as long as short |
| BloFin ZRO-USDT | +0.0085% | 4h | 1.1674 | −0.120% | $1.0M | $202K | 75x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1697 | +0.078% | $4.4M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1695 | +0.056% | $37.1M | $5.5M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1687 | −0.010% | $158K | $151K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1678 | −0.084% | $137K | $174K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1675 | −0.111% | $21.8M | $29.4M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1672 | −0.137% | $17.9M | $13.6M | 50x | as long as short |
dYdX ZRO-USD
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
BloFin ZRO-USDT
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
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 | 1.1678 | −0.086% | $3.2M | $7.8M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1670 | −0.154% | $1.3M | $1.4M | 75x | as long as short |
| MEXC ZRO_USDTshort | +0.0100% | 4h | 1.1676 | −0.103% | $19.2M | $2.7M | 125x | |
| KuCoin ZROUSDTMlong | +0.0100% | 4h | 1.1688 | long leg | $2.4M | $2.0M | 50x | |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1671 | −0.145% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1677 | −0.094% | — | $16.6M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1676 | −0.103% | $96K | $221K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1677 | −0.094% | $2.3M | $812K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1720 | +0.274% | $39K | $672K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1683 | −0.043% | $99K | $819K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1670 | −0.154% | $21K | — | 3x | as long as short |
| Nado ZRO-PERP | +0.0243% | 1h | 1.1675 | −0.109% | $1.3M | $126K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1677 | −0.098% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0515% | 1h | 1.1686 | −0.021% | $253K | $333K | 25x | as long as short |
| Extended ZRO-USD | +0.0856% | 1h | 1.1674 | −0.118% | $799K | $625K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1317% | 1h | 1.1730 | +0.359% | $12K | $261K | 12x | as long as short |
OKX ZRO-USDT-SWAP
Gate ZRO_USDT
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
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP