Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: MEXC against Gate−0.150%7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1241.237% of the position
Funding, last 7 days−0.016%−$2 on $10k
+Price spread, last 4 days (all we have)+0.093%+$9 · spread now −0.150%, 7d avg −0.058%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.092% cheaper against Gate than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.058%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ZBT_USDT | 0.08674 | 0.0100 | pay 0.0100% / 8h | 11m 03s | $566K | $733K | 50x |
| Short | MEXC ZBT_USDT | 0.08661 | 0.0100 | get 0.0050% / 4h | 11m 03s | $1.7M | $331K | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Gate. 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: −0.150% → −0.058%
- −$9.21
- Slippage, 4 orders
- −$104.69
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$132.9
- Costs to cover
- 1.237%
- Break-even
- never at this rate
Slippage from Gate: live order book, 25 min ago; MEXC: live order book, 5 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 Gate live order book, 25 min ago | 4.61 bp | 54.7 bp −$55 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 1.74 bp | 10.3 bp −$10 | 59.2 bp −$592 | 245.8 bp −$24.6K | 847.2 bp −$423.6K |
ZBT on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZBTUSD | −0.1241% | 1h | 0.08664 | −0.110% | $8K | $3K | 10x | as long as short |
| KuCoin ZBTUSDTM | −0.0032% | 4h | 0.08664 | −0.115% | $633K | $9.4M | 50x | as long as short |
| OKX ZBT-USDT-SWAP | +0.0026% | 4h | 0.08660 | −0.161% | $629K | $2.3M | 10x | as long as short |
| BloFin ZBT-USDT | +0.0043% | 4h | 0.08671 | −0.035% | $152K | $42K | 50x | as long as short |
| Aster ZBTUSDT | +0.0100% | 4h | 0.08672 | −0.019% | $10K | $47K | 5x | as long as short |
| Binance ZBTUSDT | +0.0100% | 4h | 0.08659 | −0.169% | $3.6M | $5.3M | 50x | as long as short |
| Bybit ZBTUSDT | +0.0100% | 4h | 0.08665 | −0.104% | $944K | $1.1M | 25x | as long as short |
| Gate ZBT_USDTlong | +0.0100% | 8h | 0.08674 | long leg | $566K | $733K | 50x | |
| MEXC ZBT_USDTshort | +0.0100% | 4h | 0.08661 | −0.150% | $1.7M | $331K | 100x | |
| Bitget ZBTUSDT | +0.0100% | 4h | 0.08669 | −0.058% | $6.2M | $335K | 10x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ZBT-USDT | +0.0100% | 4h | 0.08661 | −0.150% | — | $1.3M | — | as long as short |
| Variational Omni ZBT | +0.0100% | 4h | 0.08654 | −0.229% | $1K | $13K | — | as long as short |
| Extended ZBT-USD | +0.0104% | 1h | 0.08661 | −0.149% | $3K | $199K | 5x | as long as short |
Gate ZBT_USDT
MEXC ZBT_USDT
Kraken Futures PF_ZBTUSD
KuCoin ZBTUSDTM
OKX ZBT-USDT-SWAP
BloFin ZBT-USDT
Aster ZBTUSDT
Binance ZBTUSDT
Bybit ZBTUSDT
Bitget ZBTUSDT
BingX ZBT-USDT
Variational Omni ZBT
Extended ZBT-USD