Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against MEXC−0.247%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$880.879% of the position
Funding, last 7 days−0.027%−$3 on $10k
+Price spread, last 4 days (all we have)+0.508%+$51 · spread now −0.247%, 7d avg −0.033%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.213% cheaper against MEXC than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of −0.033%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZRX_USDT | 0.1216 | 0.0100 | pay 0.0050% / 4h | 1h 41m | $919K | $169K | 50x |
| Short | Bitget ZRXUSDT | 0.1213 | 0.0100 | get 0.0050% / 4h | 1h 41m | $583K | $123K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: −0.247% → −0.033%
- −$21.34
- Slippage, 4 orders
- −$71.9
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$109.24
- Costs to cover
- 0.879%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 14 min ago; Bitget: live order book, 18 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, 14 min ago | 4.12 bp | 9.8 bp −$10 | 51.7 bp −$517 | 218.2 bp −$21.8K | 348.6 bp −$174.3K |
| Sell Bitget live order book, 18 min ago | 8.23 bp | 30.2 bp −$30 | 89.2 bp −$892 | 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 ZRXUSDT | +0.0100% | 4h | 0.1214 | −0.183% | $1.8M | $1.3M | 50x | as long as short |
| Bybit ZRXUSDT | +0.0100% | 8h | 0.1214 | −0.189% | $1.5M | $381K | 25x | as long as short |
| OKX ZRX-USDT-SWAP | +0.0100% | 4h | 0.1215 | −0.066% | $536K | $333K | 20x | as long as short |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1215 | −0.107% | $146K | $42K | 75x | as long as short |
| MEXC ZRX_USDTlong | +0.0100% | 4h | 0.1216 | long leg | $919K | $169K | 50x | |
| KuCoin ZRXUSDTM | +0.0100% | 4h | 0.1214 | −0.164% | $326K | $47K | 30x | as long as short |
| Bitget ZRXUSDTshort | +0.0100% | 4h | 0.1213 | −0.247% | $583K | $123K | 50x | |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1213 | −0.247% | — | $2.3M | — | as long as short |
| Variational Omni ZRX | +0.0100% | 8h | 0.1210 | −0.523% | $23K | $41K | — | as long as short |
| BloFin ZRX-USDT | +0.0106% | 4h | 0.1212 | −0.329% | $96K | $20K | 50x | 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 | +0.1644% | 1h | 0.1218 | +0.161% | $40K | $4K | 10x | as long as short |
MEXC ZRX_USDT
Bitget ZRXUSDT
Binance ZRXUSDT
Bybit ZRXUSDT
OKX ZRX-USDT-SWAP
Gate ZRX_USDT
KuCoin ZRXUSDTM
BingX ZRX-USDT
Variational Omni ZRX
BloFin ZRX-USDT
Kraken Futures PF_ZRXUSD