Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.033%
Price spread now: Bybit against MEXC+0.008%7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$160as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1291.287% of the position
Funding, last 7 days−0.316%−$32 on $10k
+Price spread, last 7 days+0.005%+$1 · spread now +0.008%, 7d avg +0.053%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.045% cheaper against MEXC than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.053%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZRX_USDT | 0.1197 | 0.0100 | pay 0.0050% / 4h | 3h 39m | $897K | $158K | 50x |
| Short | Bybit ZRXUSDT | 0.1197 | 0.0100 | get 0.0100% / 8h | 7h 39m | $1.4M | $337K | 25x |
MEXC ZRX_USDT
Bybit ZRXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.008% → +0.053%
- −$4.48
- Slippage, 4 orders
- −$113.65
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$133.13
- Costs to cover
- 1.287%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 27 min ago; Bybit: live order book, 2 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, 27 min ago | 8.39 bp | 10.4 bp −$10 | 48.1 bp −$481 | 220.6 bp −$22.1K | doesn't fit |
| Sell Bybit live order book, 2 min ago | 6.26 bp | 48.9 bp −$49 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZRXUSDTM | −0.0036% | 4h | 0.1196 | −0.084% | $328K | $59K | 30x | as long as short |
| BloFin ZRX-USDT | +0.0088% | 4h | 0.1197 | 0.000% | $94K | $19K | 50x | as long as short |
| Binance ZRXUSDT | +0.0100% | 4h | 0.1196 | −0.072% | $1.8M | $1.2M | 50x | as long as short |
| Bybit ZRXUSDTshort | +0.0100% | 8h | 0.1197 | +0.008% | $1.4M | $337K | 25x | |
| OKX ZRX-USDT-SWAP | +0.0100% | 4h | 0.1196 | −0.058% | $532K | $268K | 20x | as long as short |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1197 | +0.008% | $146K | $41K | 75x | as long as short |
| MEXC ZRX_USDTlong | +0.0100% | 4h | 0.1197 | long leg | $897K | $158K | 50x | |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1195 | −0.167% | $580K | $118K | 50x | as long as short |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1196 | −0.084% | — | $2.3M | — | as long as short |
| Variational Omni ZRX | +0.0100% | 8h | 0.1199 | +0.147% | $23K | $41K | — | as long as short |
KuCoin ZRXUSDTM
BloFin ZRX-USDT
Binance 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 | +0.133% | $39K | $4K | 10x | as long as short |
Kraken Futures PF_ZRXUSD