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: Bybit against MEXC−0.034%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$410.412% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 7 days+0.064%+$6 · spread now −0.034%, 7d avg −0.025%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZRO_USDT | 1.1712 | 0.0100 | pay 0.0050% / 4h | 3h 10m | $19.2M | $2.7M | 125x |
| Short | Bybit ZROUSDT | 1.1708 | 0.0100 | get 0.0050% / 4h | 3h 10m | $17.9M | $13.6M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.034% → −0.025%
- −$0.89
- Slippage, 4 orders
- −$30.19
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$42.08
- Costs to cover
- 0.412%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; Bybit: 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 MEXC live order book, 3 min ago | 0.43 bp | 4.7 bp −$5 | 24.3 bp −$243 | 76.3 bp −$7,628 | 461.0 bp −$230.5K |
| Sell Bybit live order book, 3 min ago | 2.56 bp | 13.9 bp −$14 | 37.5 bp −$375 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ZRO_USDC | +0.0051% | 4h | 1.1727 | +0.128% | $21K | $5K | 10x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1734 | +0.190% | $158K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1738 | +0.222% | $136K | $178K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1711 | −0.006% | $22.0M | $29.4M | 75x | as long as short |
| Bybit ZROUSDTshort | +0.0100% | 4h | 1.1708 | −0.034% | $17.9M | $13.6M | 50x | |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1712 | 0.000% | $3.2M | $7.9M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1710 | −0.017% | $1.3M | $1.5M | 75x | as long as short |
| MEXC ZRO_USDTlong | +0.0100% | 4h | 1.1712 | long leg | $19.2M | $2.7M | 125x | |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1725 | +0.111% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1711 | −0.009% | $2.7M | $2.5M | 75x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ZRO-USDT | +0.0100% | 4h | 1.1725 | +0.111% | — | $16.6M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1715 | +0.026% | $96K | $221K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1715 | +0.028% | $2.3M | $809K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1760 | +0.410% | $39K | $677K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1743 | +0.265% | $100K | $844K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1720 | +0.068% | $21K | — | 3x | as long as short |
| Lighter ZRO | +0.0112% | 1h | 1.1744 | +0.277% | $4.4M | $1.2M | 5x | as long as short |
| BloFin ZRO-USDT | +0.0126% | 4h | 1.1729 | +0.145% | $1.1M | $250K | 75x | as long as short |
| dYdX ZRO-USD | +0.0139% | 1h | 1.1733 | +0.178% | $21K | $4K | 5x | as long as short |
| Nado ZRO-PERP | +0.0207% | 1h | 1.1738 | +0.218% | $1.3M | $124K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0293% / S −0.2341% | 1h | 1.1733 | +0.180% | $3K | — | 100x | as long as short |
| 01 Exchange ZROUSD | +0.0344% | 1h | 1.1747 | +0.301% | $7K | $3K | 5x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0462% | 1h | 1.1731 | +0.166% | $256K | $355K | 25x | as long as short |
| Hyperliquid ZRO | +0.0551% | 1h | 1.1728 | +0.137% | $37.2M | $5.5M | 5x | as long as short |
| Extended ZRO-USD | +0.1040% | 1h | 1.1712 | +0.001% | $804K | $625K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1363% | 1h | 1.1800 | +0.751% | $12K | $261K | 12x | as long as short |
MEXC ZRO_USDT
Bybit ZROUSDT
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
OKX ZRO-USDT-SWAP
Gate ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Lighter ZRO
BloFin ZRO-USDT
GMX ZRO/USD [ETH-USDC]
01 Exchange ZROUSD
Kraken Futures PF_ZROUSD
Hyperliquid ZRO
Extended ZRO-USD
Injective ZRO/USDC PERP