Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%
Price spread now: MEXC against OKX−0.020%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$980.978% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 4 days (all we have)−0.063%−$6 · spread now −0.020%, 7d avg −0.002%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ZKP-USDT-SWAP | 0.04957 | 0.0100 | pay 0.0050% / 4h | 2h 57m | $327K | $557K | 20x |
| Short | MEXC ZKP_USDT | 0.04956 | 0.0100 | get 0.0050% / 4h | 2h 57m | $1.2M | $189K | 20x |
OKX ZKP-USDT-SWAP
MEXC ZKP_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: −0.020% → −0.002%
- −$1.79
- Slippage, 4 orders
- −$83.77
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$99.56
- Costs to cover
- 0.978%
- Break-even
- never at this rate
Slippage from OKX: live order book, 8 min ago; MEXC: live order book, 3 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, 8 min ago | 3.00 bp | 42.1 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 1.01 bp | 10.0 bp −$10 | 72.4 bp −$724 | 492.9 bp −$49.3K | doesn't fit |
ZKP on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ZKPUSDT | +0.0100% | 4h | 0.04956 | −0.020% | $2.7M | $2.7M | 40x | as long as short |
| Bybit ZKPUSDT | +0.0100% | 4h | 0.04953 | −0.081% | $1.2M | $970K | 25x | as long as short |
| OKX ZKP-USDT-SWAPlong | +0.0100% | 4h | 0.04957 | long leg | $327K | $557K | 20x | |
| Gate ZKP_USDT | +0.0100% | 4h | 0.04950 | −0.141% | $330K | $178K | 25x | as long as short |
| MEXC ZKP_USDTshort | +0.0100% | 4h | 0.04956 | −0.020% | $1.2M | $189K | 20x | |
| KuCoin ZKPUSDTM | +0.0100% | 4h | 0.04953 | −0.081% | $580K | $535K | 20x | as long as short |
| Bitget ZKPUSDT | +0.0100% | 4h | 0.04957 | 0.000% | $289K | $261K | 20x | as long as short |
| BingX ZKP-USDT | +0.0100% | 4h | 0.04951 | −0.121% | — | $6.6M | — | as long as short |
| BloFin ZKP-USDT | +0.0150% | 4h | 0.04962 | +0.101% | $217K | $40K | 40x | as long as short |
| Aster ZKPUSDT | +0.0387% | 4h | 0.04952 | −0.096% | $23K | $80K | 5x | as long as short |
Binance ZKPUSDT
Bybit ZKPUSDT
Gate ZKP_USDT
KuCoin ZKPUSDTM
Bitget ZKPUSDT
BingX ZKP-USDT
BloFin ZKP-USDT
Aster ZKPUSDT