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: MEXC against OKX−0.100%7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$940.941% of the position
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 4 days (all we have)−0.054%−$5 · spread now −0.100%, 7d avg +0.028%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.128% cheaper against OKX than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.028%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ZRX-USDT-SWAP | 0.1196 | 0.0100 | pay 0.0050% / 4h | 3h 56m | $532K | $265K | 20x |
| Short | MEXC ZRX_USDT | 0.1195 | 0.0100 | get 0.0050% / 4h | 3h 56m | $896K | $157K | 50x |
OKX ZRX-USDT-SWAP
MEXC ZRX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against OKX. 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: −0.100% → +0.028%
- −$12.85
- Slippage, 4 orders
- −$80.13
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$106.97
- Costs to cover
- 0.941%
- Break-even
- never at this rate
Slippage from OKX: live order book, 14 min ago; MEXC: live order book, 9 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 OKX live order book, 14 min ago | 1.68 bp | 38.7 bp −$39 | 4844.3 bp −$48.4K | doesn't fit | doesn't fit |
| Sell MEXC live order book, 9 min ago | 8.39 bp | 12.3 bp −$12 | 56.9 bp −$569 | 197.2 bp −$19.7K | 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 | −0.0120% | 4h | 0.1193 | −0.268% | $327K | $59K | 30x | as long as short |
| BloFin ZRX-USDT | +0.0091% | 4h | 0.1194 | −0.184% | $94K | $19K | 50x | as long as short |
| Binance ZRXUSDT | +0.0100% | 4h | 0.1196 | +0.015% | $1.8M | $1.2M | 50x | as long as short |
| Bybit ZRXUSDT | +0.0100% | 8h | 0.1196 | −0.042% | $1.4M | $339K | 25x | as long as short |
| OKX ZRX-USDT-SWAPlong | +0.0100% | 4h | 0.1196 | long leg | $532K | $265K | 20x | |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1193 | −0.234% | $145K | $40K | 75x | as long as short |
| MEXC ZRX_USDTshort | +0.0100% | 4h | 0.1195 | −0.100% | $896K | $157K | 50x | |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1196 | −0.017% | $581K | $117K | 50x | as long as short |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1194 | −0.184% | — | $2.3M | — | as long as short |
| Variational Omni ZRX | +0.0100% | 8h | 0.1193 | −0.231% | $23K | $41K | — | as long as short |
KuCoin ZRXUSDTM
BloFin ZRX-USDT
Binance ZRXUSDT
Bybit ZRXUSDT
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 | +0.0634% | 1h | 0.1198 | +0.120% | $39K | $4K | 10x | as long as short |
Kraken Futures PF_ZRXUSD