Funding you earn now, next payment 20:00 UTC−0.0056%/8hnext payment −$0.28 per $10,000 · paid last 24h −0.008%
Price spread now: MEXC against BloFin+0.025%64s7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as 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−$410.412% of the position
Funding, last 7 days−0.024%−$2 on $10k
+Price spread, last 3 days (all we have)+0.079%+$8 · spread now +0.025%, 7d avg +0.010%
=The price spread sits at its 7-day average of +0.010%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. The two prices were read 64 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 | BloFin ZRO-USDT | 1.1803 | 0.0156 | pay 0.0078% / 4h | 4m 08s | $1.1M | $273K | 75x |
| Short | MEXC ZRO_USDT | 1.1806 | 0.0100 | get 0.0050% / 4h | 4m 08s | $18.3M | $3.8M | 125x |
Funding 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
- −$11.82
- Price spread: +0.025% → +0.010%
- $1.55
- Slippage, 4 orders
- −$29.18
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$51.45
- Costs to cover
- 0.412%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 min ago; MEXC: 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 BloFin live order book, 3 min ago | 0.42 bp | 15.2 bp −$15 | 33.9 bp −$339 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.42 bp | 4.4 bp −$4 | 32.0 bp −$320 | 77.9 bp −$7,793 | doesn't fit |
ZRO on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ZRO-USDT-SWAP | −0.0362% | 4h | 1.1803 | 0.000% | $3.3M | $9.1M | 20x | as long as short |
| 01 Exchange ZROUSD | −0.0312% | 1h | 1.1810 | +0.062% | $7K | $3K | 5x | as long as short |
| Kraken Futures PF_ZROUSD | −0.0162% | 1h | 1.1813 | +0.089% | $253K | $587K | 25x | as long as short |
| Orderly PERP_ZRO_USDC | −0.0025% | 4h | 1.1807 | +0.034% | $21K | $7K | 10x | as long as short |
| dYdX ZRO-USD | +0.0001% | 1h | 1.1810 | +0.058% | $21K | $2K | 5x | as long as short |
| Variational Omni ZRO | +0.0084% | 4h | 1.1792 | −0.089% | $2.3M | $904K | — | as long as short |
| Bybit ZROUSDT | +0.0098% | 4h | 1.1797 | −0.051% | $18.1M | $17.0M | 50x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1816 | +0.110% | $37.6M | $8.2M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1818 | +0.129% | $158K | $166K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1808 | +0.046% | $142K | $216K | 5x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ZROUSDT | +0.0100% | 4h | 1.1806 | +0.029% | $22.3M | $35.7M | 75x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1800 | −0.025% | $1.3M | $2.2M | 75x | as long as short |
| MEXC ZRO_USDTshort | +0.0100% | 4h | 1.1806 | +0.025% | $18.3M | $3.8M | 125x | |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1810 | +0.059% | $2.5M | $1.5M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1809 | +0.051% | $2.7M | $2.7M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1802 | −0.008% | — | $11.0M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1806 | +0.025% | $92K | $203K | 20x | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1800 | −0.025% | $37K | $680K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1816 | +0.110% | $80K | $987K | 5x | as long as short |
| Extended ZRO-USD | +0.0104% | 1h | 1.1798 | −0.042% | $780K | $564K | 10x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1806 | +0.026% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDTlong | +0.0156% | 4h | 1.1803 | long leg | $1.1M | $273K | 75x | |
| Nado ZRO-PERP | +0.0279% | 1h | 1.1798 | −0.045% | $1.3M | $133K | 5x | as long as short |
| Lighter ZRO | +0.0280% | 1h | 1.1836 | +0.278% | $4.7M | $1.2M | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1811 | +0.067% | $3K | — | 100x | as long as short |
| Injective ZRO/USDC PERP | +0.1041% | 1h | 1.1850 | +0.398% | $12K | $165K | 12x | as long as short |
BloFin ZRO-USDT
MEXC ZRO_USDT
OKX ZRO-USDT-SWAP
01 Exchange ZROUSD
Kraken Futures PF_ZROUSD
Variational Omni ZRO
Bybit ZROUSDT
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Gate ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Extended ZRO-USD
Lighter ZRO
GMX ZRO/USD [ETH-USDC]
Injective ZRO/USDC PERP