Funding you earn now, next payment 12:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.05 per $10,000 · paid last 24h −0.001%
Price spread now: MEXC against BloFin−0.021%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$1011.007% of the position
Funding, last 7 days−0.016%−$2 on $10k
+Price spread, last 4 days (all we have)+0.438%+$44 · spread now −0.021%, 7d avg +0.015%
=Funding pays, the price is against you. MEXC is 0.036% cheaper against BloFin than usual: you would sell low and buy high (spread −0.021% now, against its 7-day average of +0.015%). If the spread goes back, that is −$4 on $10k: about 11 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 | BloFin ZEREBRO-USDT | 0.03414 | 0.0329 | pay 0.0165% / 4h | 1h 44m | $278K | $13K | 10x |
| Short | MEXC ZEREBRO_USDT | 0.03413 | 0.0340 | get 0.0170% / 4h | 1h 44m | $7.2M | $133K | 50x |
BloFin ZEREBRO-USDT
MEXC ZEREBRO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against BloFin. 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
- $2.23
- Price spread: −0.021% → +0.015%
- −$3.56
- Slippage, 4 orders
- −$84.71
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$102.04
- Costs to cover
- 1.007%
- Break-even
- 327.2 days
Slippage from BloFin: live order book, 62 min ago; MEXC: live order book, 6 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 BloFin live order book, 62 min ago | 1.32 bp | 28.3 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 6 min ago | 1.91 bp | 17.5 bp −$18 | 46.4 bp −$464 | 222.2 bp −$22.2K | 417.3 bp −$208.7K |
ZEREBRO on 11 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZEREBROUSDT | +0.0100% | 4h | 0.03404 | −0.284% | $5.3M | $733K | 13x | as long as short |
| Gate ZEREBRO_USDT | +0.0100% | 4h | 0.03409 | −0.146% | $456K | $24K | 10x | as long as short |
| KuCoin ZEREBROUSDTM | +0.0100% | 4h | 0.03409 | −0.135% | $1.4M | $2.8M | 10x | as long as short |
| Variational Omni ZEREBRO | +0.0100% | 4h | 0.03407 | −0.216% | $107K | $8K | — | as long as short |
| BloFin ZEREBRO-USDTlong | +0.0329% | 4h | 0.03414 | long leg | $278K | $13K | 10x | |
| Extended ZEREBRO-USD | +0.0336% | 1h | 0.03412 | −0.047% | $14 | $221K | 5x | as long as short |
| Binance ZEREBROUSDT | +0.0337% | 4h | 0.03414 | −0.012% | $4.7M | $1.4M | 10x | as long as short |
| MEXC ZEREBRO_USDTshort | +0.0340% | 4h | 0.03413 | −0.021% | $7.2M | $133K | 50x | |
| Aster ZEREBROUSDT | +0.0347% | 4h | 0.03418 | +0.107% | $383K | $39K | 5x | as long as short |
| BingX ZEREBRO-USDT | +0.0350% | 4h | 0.03408 | −0.185% | — | $1.3M | — | as long as short |
Bybit ZEREBROUSDT
Gate ZEREBRO_USDT
KuCoin ZEREBROUSDTM
Variational Omni ZEREBRO
Extended ZEREBRO-USD
Binance ZEREBROUSDT
Aster ZEREBROUSDT
BingX ZEREBRO-USDTShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZEREBROUSD | +0.8668% | 1h | 0.03408 | −0.175% | $3K | $4K | 10x | as long as short |
Kraken Futures PF_ZEREBROUSD