Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.027%
Price spread now: MEXC against Bybit−0.025%7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1341.341% of the position
Funding, last 7 days+0.292%+$29 on $10k
+Price spread, last 7 days−0.063%−$6 · spread now −0.025%, 7d avg −0.051%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.026% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.051%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ZRXUSDT | 0.1197 | 0.0100 | pay 0.0100% / 8h | 7h 10m | $1.4M | $342K | 25x |
| Short | MEXC ZRX_USDT | 0.1197 | 0.0100 | get 0.0050% / 4h | 3h 10m | $898K | $169K | 50x |
Bybit ZRXUSDT
MEXC ZRX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Bybit. 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: −0.025% → −0.051%
- $2.6
- Slippage, 4 orders
- −$119.11
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$131.51
- Costs to cover
- 1.341%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; MEXC: live order book, 11 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 Bybit live order book, 1 min ago | 6.68 bp | 58.1 bp −$58 | 214.5 bp −$2,145 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 11 min ago | 4.19 bp | 10.0 bp −$10 | 46.5 bp −$465 | 182.2 bp −$18.2K | 333.7 bp −$166.9K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ZRXUSDT | +0.0100% | 4h | 0.1197 | +0.015% | $1.8M | $1.4M | 50x | as long as short |
| Bybit ZRXUSDTlong | +0.0100% | 8h | 0.1197 | long leg | $1.4M | $342K | 25x | |
| OKX ZRX-USDT-SWAP | +0.0100% | 4h | 0.1197 | 0.000% | $525K | $348K | 20x | as long as short |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1196 | −0.134% | $144K | $37K | 75x | as long as short |
| MEXC ZRX_USDTshort | +0.0100% | 4h | 0.1197 | −0.025% | $898K | $169K | 50x | |
| KuCoin ZRXUSDTM | +0.0100% | 4h | 0.1198 | +0.058% | $300K | $57K | 30x | as long as short |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1197 | −0.025% | $585K | $131K | 50x | as long as short |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1197 | −0.025% | — | $2.3M | — | as long as short |
| Variational Omni ZRX | +0.0100% | 8h | 0.1197 | −0.050% | $23K | $13K | — | as long as short |
| BloFin ZRX-USDT | +0.0143% | 4h | 0.1197 | −0.025% | $91K | $23K | 50x | as long as short |
Binance ZRXUSDT
OKX ZRX-USDT-SWAP
Gate ZRX_USDT
KuCoin ZRXUSDTM
Bitget ZRXUSDT
BingX ZRX-USDT
Variational Omni ZRX
BloFin ZRX-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZRXUSD | +0.0749% | 1h | 0.1200 | +0.184% | $38K | $6K | 10x | as long as short |
Kraken Futures PF_ZRXUSD