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: Binance against MEXC+0.052%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$450.450% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 7 days−0.024%−$2 · spread now +0.052%, 7d avg −0.001%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.053% dearer against MEXC than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZRO_USDT | 1.1581 | 0.0100 | pay 0.0050% / 4h | 49m 02s | $19.0M | $2.7M | 125x |
| Short | Binance ZROUSDT | 1.1587 | 0.0100 | get 0.0050% / 4h | 49m 02s | $21.7M | $29.8M | 75x |
MEXC ZRO_USDT
Binance ZROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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: +0.052% → −0.001%
- $5.33
- Slippage, 4 orders
- −$35.02
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$39.69
- Costs to cover
- 0.450%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 min ago; Binance: 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 MEXC live order book, 5 min ago | 1.29 bp | 5.6 bp −$6 | 36.5 bp −$365 | 67.9 bp −$6,789 | 328.8 bp −$164.4K |
| Sell Binance live order book, 7 min ago | 0.43 bp | 18.0 bp −$18 | 34.9 bp −$349 | 205.7 bp −$20.6K | doesn't fit |
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 | −0.0056% | 1h | 1.1572 | −0.075% | $7K | $3K | 5x | as long as short |
| dYdX ZRO-USD | +0.0004% | 1h | 1.1583 | +0.018% | $21K | $4K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0037% | 4h | 1.1583 | +0.017% | $20K | $5K | 10x | as long as short |
| BloFin ZRO-USDT | +0.0071% | 4h | 1.1570 | −0.095% | $1.1M | $246K | 75x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0089% | 1h | 1.1588 | +0.060% | $97K | $196K | 20x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1610 | +0.249% | $4.3M | $1.2M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1589 | +0.071% | $156K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1583 | +0.020% | $134K | $178K | 5x | as long as short |
| Binance ZROUSDTshort | +0.0100% | 4h | 1.1587 | +0.052% | $21.7M | $29.8M | 75x | |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1580 | −0.009% | $17.7M | $13.9M | 50x | as long as short |
01 Exchange ZROUSD
dYdX ZRO-USD
Orderly PERP_ZRO_USDC
BloFin ZRO-USDT
Backpack ZRO_USDC_PERP
Lighter 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 | 1.1591 | +0.086% | $3.2M | $7.8M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1580 | −0.009% | $1.3M | $1.5M | 75x | as long as short |
| MEXC ZRO_USDTlong | +0.0100% | 4h | 1.1581 | long leg | $19.0M | $2.7M | 125x | |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1579 | −0.017% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1573 | −0.069% | $2.6M | $2.6M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1580 | −0.009% | — | $16.5M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1590 | +0.077% | $2.2M | $810K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1610 | +0.250% | $39K | $673K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1582 | +0.009% | $98K | $844K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1567 | −0.123% | $20K | — | 3x | as long as short |
| Nado ZRO-PERP | +0.0221% | 1h | 1.1581 | +0.001% | $1.3M | $125K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0291% / S −0.2341% | 1h | 1.1582 | +0.013% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0384% | 1h | 1.1603 | +0.190% | $255K | $404K | 25x | as long as short |
| Hyperliquid ZRO | +0.0478% | 1h | 1.1602 | +0.181% | $36.7M | $5.4M | 5x | as long as short |
| Extended ZRO-USD | +0.1088% | 1h | 1.1587 | +0.056% | $776K | $590K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1186% | 1h | 1.1660 | +0.682% | $12K | $260K | 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
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Hyperliquid ZRO
Extended ZRO-USD
Injective ZRO/USDC PERP