Funding you earn now, next payment 04:00 UTC−0.0012%/8h= −1.4% APRnext payment −$0.06 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against MEXC+0.084%109s7-day average — · you sell dearer than you buy
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
The price spread pays, funding is against you. BloFin is 0.084% dearer against MEXC than usual: you sell high and buy low (spread +0.084% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 22 days. At the pace of the last 7 days (−0.010% in total) that is about 57 days. The two prices were read 109 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZRX_USDT | 0.1196 | 0.0100 | pay 0.0050% / 4h | 3h 37m | $896K | $158K | 50x |
| Short | BloFin ZRX-USDT | 0.1197 | 0.0088 | get 0.0044% / 4h | 3h 37m | $94K | $19K | 50x |
MEXC ZRX_USDT
BloFin ZRX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$2.61
- Price spread: +0.084% → 0.000%
- $8.36
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$10.25
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 28 min ago; BloFin: no order-book sample. 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 MEXC live order book, 28 min ago | 8.39 bp | 10.4 bp −$10 | 48.1 bp −$481 | 220.6 bp −$22.1K | doesn't fit |
| Sell BloFin no order-book sample | — | — | — | — | — |
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 | −0.084% | $327K | $59K | 30x | as long as short |
| BloFin ZRX-USDTshort | +0.0088% | 4h | 0.1197 | +0.084% | $94K | $19K | 50x | |
| Binance ZRXUSDT | +0.0100% | 4h | 0.1196 | 0.000% | $1.8M | $1.2M | 50x | as long as short |
| Bybit ZRXUSDT | +0.0100% | 8h | 0.1196 | −0.008% | $1.4M | $337K | 25x | as long as short |
| OKX ZRX-USDT-SWAP | +0.0100% | 4h | 0.1196 | +0.025% | $532K | $268K | 20x | as long as short |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1196 | +0.017% | $146K | $41K | 75x | as long as short |
| MEXC ZRX_USDTlong | +0.0100% | 4h | 0.1196 | long leg | $896K | $158K | 50x | |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1195 | −0.084% | $580K | $118K | 50x | as long as short |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1197 | +0.084% | — | $2.3M | — | as long as short |
| Variational Omni ZRX | +0.0100% | 8h | 0.1199 | +0.231% | $23K | $41K | — | as long as short |
KuCoin ZRXUSDTM
Binance ZRXUSDT
Bybit ZRXUSDT
OKX ZRX-USDT-SWAP
Gate ZRX_USDT
Bitget ZRXUSDT
BingX ZRX-USDT
Variational Omni ZRXShow 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 | +0.222% | $39K | $4K | 10x | as long as short |
Kraken Futures PF_ZRXUSD