Funding you earn now, next payment 04:00 UTC+0.0059%/8h= +6.5% APRnext payment +$0.30 per $10,000 · paid last 24h +0.002%
Price spread now: MEXC against BloFin−0.084%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.010%+$1 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. MEXC is 0.084% cheaper against BloFin than usual: you would sell low and buy high (spread −0.084% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 4.7 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.010% in total) that is about 57 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ZRX-USDT | 0.1197 | 0.0041 | pay 0.0020% / 4h | 3h 37m | $94K | $19K | 50x |
| Short | MEXC ZRX_USDT | 0.1196 | 0.0100 | get 0.0050% / 4h | 3h 37m | $896K | $158K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against BloFin. 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
- $12.44
- Price spread: −0.084% → 0.000%
- −$8.35
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$11.92
- Costs to cover
- 0.160%
- Break-even
- 13.7 days
Slippage unknown: BloFin: no order-book sample; MEXC: live order book, 29 min ago. Net counts fees only.
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 BloFin no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 29 min ago | 8.39 bp | 12.3 bp −$12 | 56.9 bp −$569 | 197.2 bp −$19.7K | doesn't fit |
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ZRX on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZRXUSDTM | −0.0026% | 4h | 0.1195 | −0.167% | $327K | $59K | 30x | as long as short |
| BloFin ZRX-USDTlong | +0.0041% | 4h | 0.1197 | long leg | $94K | $19K | 50x | |
| Binance ZRXUSDT | +0.0100% | 4h | 0.1196 | −0.084% | $1.8M | $1.2M | 50x | as long as short |
| Bybit ZRXUSDT | +0.0100% | 8h | 0.1195 | −0.134% | $1.4M | $337K | 25x | as long as short |
| OKX ZRX-USDT-SWAP | +0.0100% | 4h | 0.1196 | −0.058% | $532K | $268K | 20x | as long as short |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1196 | −0.067% | $146K | $41K | 75x | as long as short |
| MEXC ZRX_USDTshort | +0.0100% | 4h | 0.1196 | −0.084% | $896K | $158K | 50x | |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1195 | −0.167% | $580K | $118K | 50x | as long as short |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1197 | 0.000% | — | $2.3M | — | as long as short |
| Variational Omni ZRX | +0.0100% | 8h | 0.1199 | +0.147% | $23K | $41K | — | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZRXUSD | +0.0633% | 1h | 0.1199 | +0.166% | $39K | $4K | 10x | as long as short |
BloFin ZRX-USDT
MEXC ZRX_USDT
KuCoin ZRXUSDTM
Binance ZRXUSDT
Bybit ZRXUSDT
OKX ZRX-USDT-SWAP
Gate ZRX_USDT
Bitget ZRXUSDT
BingX ZRX-USDT
Variational Omni ZRX
Kraken Futures PF_ZRXUSD