Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against MEXC−0.042%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$280.277% of the position
Funding, last 7 days+0.029%+$3 on $10k
+Price spread, last 7 days+0.062%+$6 · spread now −0.042%, 7d avg −0.005%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.037% cheaper against MEXC than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZRO_USDT | 1.1851 | 0.0100 | pay 0.0050% / 4h | 2h 31m | $19.1M | $3.5M | 125x |
| Short | BingX ZRO-USDT | 1.1846 | 0.0100 | get 0.0050% / 4h | 2h 31m | — | $10.9M | — |
MEXC ZRO_USDT
BingX ZRO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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: −0.042% → −0.005%
- −$3.7
- Slippage, 4 orders
- −$17.72
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$31.42
- Costs to cover
- 0.277%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; BingX: live order book, 2 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, 2 min ago | 0.42 bp | 5.0 bp −$5 | 19.8 bp −$198 | 64.7 bp −$6,467 | 402.9 bp −$201.5K |
| Sell BingX live order book, 2 min ago | 2.54 bp | 8.9 bp −$9 | 12.8 bp −$128 | 20.4 bp −$2,036 | 45.0 bp −$22.5K |
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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ZROUSD | −0.0440% | 1h | 1.1830 | −0.179% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | −0.0059% | 4h | 1.1842 | −0.076% | $21K | $7K | 10x | as long as short |
| dYdX ZRO-USD | +0.0002% | 1h | 1.1856 | +0.041% | $21K | $2K | 5x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0051% | 4h | 1.1845 | −0.051% | $3.2M | $9.1M | 20x | as long as short |
| Bybit ZROUSDT | +0.0081% | 4h | 1.1836 | −0.127% | $18.1M | $15.9M | 50x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1850 | −0.008% | $4.6M | $1.3M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1864 | +0.110% | $37.7M | $6.9M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1857 | +0.049% | $158K | $161K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1849 | −0.019% | $144K | $195K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1849 | −0.021% | $22.4M | $33.7M | 75x | as long as short |
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
dYdX ZRO-USD
OKX ZRO-USDT-SWAP
Bybit ZROUSDT
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ZRO_USDT | +0.0100% | 4h | 1.1840 | −0.093% | $1.3M | $2.0M | 75x | as long as short |
| MEXC ZRO_USDTlong | +0.0100% | 4h | 1.1851 | long leg | $19.1M | $3.5M | 125x | |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1852 | +0.008% | $2.5M | $1.6M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1847 | −0.034% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDTshort | +0.0100% | 4h | 1.1846 | −0.042% | — | $10.9M | — | |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1848 | −0.025% | $93K | $203K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1797 | −0.459% | $2.3M | $864K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1850 | −0.008% | $37K | $682K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1852 | +0.008% | $87K | $990K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1831 | −0.169% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0110% | 4h | 1.1828 | −0.194% | $1.1M | $266K | 75x | as long as short |
| Nado ZRO-PERP | +0.0142% | 1h | 1.1845 | −0.052% | $1.3M | $130K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1851 | +0.001% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0316% | 1h | 1.1852 | +0.010% | $251K | $577K | 25x | as long as short |
| Extended ZRO-USD | +0.0840% | 1h | 1.1843 | −0.065% | $784K | $560K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1237% | 1h | 1.1880 | +0.245% | $12K | $145K | 12x | as long as short |
Gate ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
BloFin ZRO-USDT
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP