Funding you earn now, next payment 12:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.05 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance−0.021%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1091.089% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 7 days−0.023%−$2 · spread now −0.021%, 7d avg +0.006%
=Funding pays, the price is against you. MEXC is 0.027% cheaper against Binance than usual: you would sell low and buy high (spread −0.021% now, against its 7-day average of +0.006%). If the spread goes back, that is −$3 on $10k: about 8.8 days of funding at the current rate ($0 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZEREBROUSDT | 0.03372 | 0.0318 | pay 0.0159% / 4h | 3h 37m | $4.6M | $1.5M | 10x |
| Short | MEXC ZEREBRO_USDT | 0.03371 | 0.0328 | get 0.0164% / 4h | 3h 37m | $7.1M | $130K | 50x |
Binance ZEREBROUSDT
MEXC ZEREBRO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Binance. 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
- $2.13
- Price spread: −0.021% → +0.006%
- −$2.69
- Slippage, 4 orders
- −$94.92
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$109.48
- Costs to cover
- 1.089%
- Break-even
- 366.2 days
Slippage from Binance: live order book, 15 min ago; MEXC: live order book, 1 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 Binance live order book, 15 min ago | 2.66 bp | 35.8 bp −$36 | 395.0 bp −$3,950 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 1.63 bp | 22.5 bp −$22 | 61.3 bp −$613 | 260.9 bp −$26.1K | 470.8 bp −$235.4K |
ZEREBRO 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZEREBROUSD | −0.0135% | 1h | 0.03366 | −0.172% | $3K | $2K | 10x | as long as short |
| Bybit ZEREBROUSDT | +0.0100% | 4h | 0.03362 | −0.282% | $5.2M | $903K | 13x | as long as short |
| Gate ZEREBRO_USDT | +0.0100% | 4h | 0.03365 | −0.205% | $451K | $25K | 10x | as long as short |
| KuCoin ZEREBROUSDTM | +0.0100% | 4h | 0.03366 | −0.172% | $1.4M | $2.9M | 10x | as long as short |
| Variational Omni ZEREBRO | +0.0100% | 4h | 0.03370 | −0.046% | $108K | $15K | — | as long as short |
| Aster ZEREBROUSDT | +0.0304% | 4h | 0.03373 | +0.039% | $378K | $40K | 5x | as long as short |
| Binance ZEREBROUSDTlong | +0.0318% | 4h | 0.03372 | long leg | $4.6M | $1.5M | 10x | |
| Extended ZEREBRO-USD | +0.0320% | 1h | 0.03371 | −0.018% | $2K | $224K | 5x | as long as short |
| MEXC ZEREBRO_USDTshort | +0.0328% | 4h | 0.03371 | −0.021% | $7.1M | $130K | 50x | |
| BingX ZEREBRO-USDT | +0.0344% | 4h | 0.03369 | −0.080% | — | $1.3M | — | as long as short |
Kraken Futures PF_ZEREBROUSD
Bybit ZEREBROUSDT
Gate ZEREBRO_USDT
KuCoin ZEREBROUSDTM
Variational Omni ZEREBRO
Aster ZEREBROUSDT
Extended ZEREBRO-USD
BingX ZEREBRO-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ZEREBRO-USDT | +0.0368% | 4h | 0.03373 | +0.036% | $272K | $12K | 10x | as long as short |
BloFin ZEREBRO-USDT