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: Binance against MEXC−0.084%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$800.795% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 7 days+0.084%+$8 · spread now −0.084%, 7d avg +0.011%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.096% cheaper against MEXC than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZRX_USDT | 0.1187 | 0.0100 | pay 0.0050% / 4h | 3h 59m | $891K | $170K | 50x |
| Short | Binance ZRXUSDT | 0.1186 | 0.0100 | get 0.0050% / 4h | 3h 59m | $1.7M | $1.4M | 50x |
MEXC ZRX_USDT
Binance ZRXUSDTFunding 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: −0.084% → +0.011%
- −$9.56
- Slippage, 4 orders
- −$65.55
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$89.11
- Costs to cover
- 0.795%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 31 min ago; Binance: live order book, 4 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, 31 min ago | 4.22 bp | 9.9 bp −$10 | 58.9 bp −$589 | 229.2 bp −$22.9K | doesn't fit |
| Sell Binance live order book, 4 min ago | 4.22 bp | 27.8 bp −$28 | 84.8 bp −$848 | doesn't fit | doesn't fit |
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 ZRXUSDTshort | +0.0100% | 4h | 0.1186 | −0.084% | $1.7M | $1.4M | 50x | |
| Bybit ZRXUSDT | +0.0100% | 8h | 0.1186 | −0.093% | $1.4M | $339K | 25x | as long as short |
| OKX ZRX-USDT-SWAP | +0.0100% | 4h | 0.1186 | −0.093% | $520K | $356K | 20x | as long as short |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1185 | −0.194% | $141K | $37K | 75x | as long as short |
| MEXC ZRX_USDTlong | +0.0100% | 4h | 0.1187 | long leg | $891K | $170K | 50x | |
| KuCoin ZRXUSDTM | +0.0100% | 4h | 0.1187 | 0.000% | $294K | $59K | 30x | as long as short |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1186 | −0.084% | $591K | $128K | 50x | as long as short |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1185 | −0.168% | — | $2.3M | — | as long as short |
| Variational Omni ZRX | +0.0100% | 8h | 0.1187 | −0.039% | $22K | $13K | — | as long as short |
| BloFin ZRX-USDT | +0.0123% | 4h | 0.1188 | +0.084% | $92K | $23K | 50x | as long as short |
Bybit 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 | +0.0627% | 1h | 0.1187 | +0.026% | $38K | $6K | 10x | as long as short |
Kraken Futures PF_ZRXUSD