Funding you earn now, next payment 08:00 UTC−0.0224%/8h= −24.5% APRnext payment −$2.24 per $10,000 · paid last 24h −0.051%
Price spread now: BloFin against MEXC+0.248%109s7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$120.123% of the position
Funding, last 7 days−0.173%−$17 on $10k
+Price spread, last 4 days (all we have)−0.041%−$4 · spread now +0.248%, 7d avg +0.001%
=The price spread pays, funding is against you. BloFin is 0.247% dearer against MEXC than usual: you sell high and buy low (spread +0.248% now, against its 7-day average of +0.001%): +$25 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 3.7 days. At the pace of the last 7 days (−0.173% in total) that is about 10 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 ZEC_USDT | 1,495.8 | 0.0100 | pay 0.0100% / 8h | 2h 05m | $225.9M | $783.5M | 150x |
| Short | BloFin ZEC-USDT | 1,499.5 | −0.0124 | pay 0.0124% / 8h | 2h 05m | $30.6M | $74.0M | 75x |
MEXC ZEC_USDT
BloFin ZEC-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
- −$47.01
- Price spread: +0.248% → +0.001%
- $24.69
- Slippage, 4 orders
- −$0.33
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$34.66
- Costs to cover
- 0.123%
- Break-even
- from the start
Slippage from MEXC: live order book, 4 min ago; BloFin: live order book, 4 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, 4 min ago | 0.07 bp | 0.1 bp $0 | 0.3 bp −$3 | 38.3 bp −$3,832 | 75.2 bp −$37.6K |
| Sell BloFin live order book, 4 min ago | 0.10 bp | 6.1 bp −$6 | 8.6 bp −$86 | doesn't fit | doesn't fit |
ZEC on 51 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ZEC/USDC PERP | −0.3243% | 1h | 1,491.6 | −0.281% | $34K | $273K | 12x | as long as short |
| Bulk ZEC-USD | −0.0279% | 1h | 1,512.6 | +1.123% | $914K | $15K | 10x | as long as short |
| BloFin ZEC-USDTshort | −0.0124% | 8h | 1,499.5 | +0.248% | $30.6M | $74.0M | 75x | |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,499.7 | +0.257% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,498.3 | +0.164% | $416K | $35K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,499.6 | +0.257% | $1.7M | $4.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,496.1 | +0.020% | $86K | $239K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,495.7 | −0.008% | $5.3M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0069% | 8h | 1,499.1 | +0.219% | $301K | $1.1M | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0088% | 1h | 1,496 | +0.015% | $8K | $7K | 5x | as long as short |
Injective ZEC/USDC PERP
Bulk ZEC-USD
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
01 Exchange ZECUSDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix ZEC | +0.0092% | 1h | 1,500.8 | +0.334% | $4.8M | $1.3M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,496 | +0.014% | $152K | $1.7M | 50x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,496.4 | +0.037% | $2.8M | $6.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,497.2 | +0.093% | $780.9M | $437.9M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,496.2 | +0.029% | $14.2M | $29.4M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,498.4 | +0.175% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,496.1 | +0.017% | $694.9M | $2.27B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,495.8 | −0.003% | $274.2M | $621.3M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,495.8 | −0.001% | $181.1M | $1.31B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,495.9 | +0.006% | $407K | $481K | 5x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,497.1 | +0.084% | $53.9M | $182.1M | 75x | as long as short |
| MEXC ZEC_USDTlong | +0.0100% | 8h | 1,495.8 | long leg | $225.9M | $783.5M | 150x | |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,496.1 | +0.021% | $103.1M | $56.1M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,496 | +0.009% | $161.3M | $284.9M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,496.2 | +0.027% | — | $114.0M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,498.3 | +0.169% | $49.0M | $33.3M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,496.9 | +0.070% | $573K | $8.8M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,498.9 | +0.207% | $3.1M | $477K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,499.7 | +0.260% | $415K | $930K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,499.2 | +0.229% | $57K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,495.5 | −0.021% | $362K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,495.7 | −0.009% | $165K | $184K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,498.1 | +0.156% | $457K | $506K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,500.7 | +0.328% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,499.2 | +0.228% | $248K | $3.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,498.8 | +0.198% | $2.6M | $19.6M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,499.2 | +0.229% | $4.0M | $5.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,497.1 | +0.087% | $62K | $43K | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,496.1 | +0.021% | $13K | $856K | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,496 | +0.015% | $2.8M | $7.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,498.6 | +0.186% | $46K | $149K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0108% / S −0.0084% | 1h | 1,495.4 | −0.030% | $404K | — | 100x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0143% | 1h | 1,499.2 | +0.229% | $18.2M | $46.1M | 25x | as long as short |
| RISEx ZEC/USDC | +0.0154% | 1h | 1,496.2 | +0.026% | $934K | $1.2M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0189% | 1h | 1,499.9 | +0.271% | $710K | $1.4M | 25x | as long as short |
| Lighter ZEC | +0.0216% | 1h | 1,499.3 | +0.231% | $19.6M | $45.9M | 20x | as long as short |
| Lighter RH ZEC | +0.0216% | 1h | 1,498.6 | +0.189% | $2.1M | $7.3M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0369% | 1h | 1,499.9 | +0.271% | $2.3M | $3.8M | 15x | as long as short |
| Aftermath Perps ZECUSD | +0.0417% | 1h | 1,500 | +0.277% | $50K | $61K | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0496% | 1h | 1,501.7 | +0.396% | $3.7M | $9.9M | 50x | as long as short |
| Arcus ZEC-USD | +0.0508% | 1h | 1,497.9 | +0.137% | $618K | $8.5M | 10x | as long as short |
Phoenix ZEC
Popdex ZECUSDT
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Gate ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Paradex ZEC-USD-PERP
Katana Perps ZEC-USD
Extended ZEC-USD
Aevo ZEC-PERP
GMX ZEC/USD [WBTC.b-USDC]
Kraken Futures PF_ZECUSD
RISEx ZEC/USDC
Deribit ZEC_USDC-PERPETUAL
Lighter ZEC
Lighter RH ZEC
Backpack ZEC_USDC_PERP
Aftermath Perps ZECUSD
Coinbase International ZEC-PERP-INTX
Arcus ZEC-USD