Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bybit−0.009%7-day average +0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$440.439% of the position
Funding, last 7 days−0.013%−$1 on $10k
+Price spread, last 7 days−0.018%−$2 · spread now −0.009%, 7d avg +0.026%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.034% cheaper against Bybit than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.026%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ZROUSDT | 1.1683 | 0.0100 | pay 0.0050% / 4h | 1h 22m | $17.9M | $13.4M | 50x |
| Short | MEXC ZRO_USDT | 1.1682 | 0.0100 | get 0.0050% / 4h | 1h 22m | $19.2M | $2.7M | 125x |
Bybit ZROUSDT
MEXC ZRO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Bybit. 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: −0.009% → +0.026%
- −$3.44
- Slippage, 4 orders
- −$32.85
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$47.29
- Costs to cover
- 0.439%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 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 Bybit live order book, 1 min ago | 0.86 bp | 17.0 bp −$17 | 56.0 bp −$560 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 1.28 bp | 6.4 bp −$6 | 15.2 bp −$152 | 76.0 bp −$7,595 | 444.0 bp −$222.0K |
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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ZROUSD | +0.0032% | 1h | 1.1692 | +0.074% | $4K | $5K | 5x | as long as short |
| dYdX ZRO-USD | +0.0039% | 1h | 1.1698 | +0.127% | $21K | $5K | 5x | as long as short |
| BloFin ZRO-USDT | +0.0064% | 4h | 1.1692 | +0.077% | $1.0M | $202K | 75x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0094% | 4h | 1.1681 | −0.017% | $20K | $4K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1705 | +0.186% | $4.4M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1703 | +0.167% | $37.1M | $5.4M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1685 | +0.018% | $158K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1692 | +0.078% | $137K | $172K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1685 | +0.018% | $21.8M | $29.1M | 75x | as long as short |
| Bybit ZROUSDTlong | +0.0100% | 4h | 1.1683 | long leg | $17.9M | $13.4M | 50x |
01 Exchange ZROUSD
dYdX ZRO-USD
BloFin ZRO-USDT
Orderly PERP_ZRO_USDC
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1688 | +0.043% | $3.2M | $7.7M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1690 | +0.060% | $1.3M | $1.4M | 75x | as long as short |
| MEXC ZRO_USDTshort | +0.0100% | 4h | 1.1682 | −0.009% | $19.2M | $2.7M | 125x | |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1687 | +0.034% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1685 | +0.017% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1685 | +0.017% | — | $16.5M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1689 | +0.055% | $2.3M | $798K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1670 | −0.111% | $39K | $670K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1690 | +0.060% | $99K | $817K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1675 | −0.064% | $21K | — | 3x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0198% | 1h | 1.1686 | +0.026% | $95K | $219K | 20x | as long as short |
| Nado ZRO-PERP | +0.0281% | 1h | 1.1690 | +0.060% | $1.3M | $127K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1682 | −0.007% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0514% | 1h | 1.1699 | +0.137% | $253K | $298K | 25x | as long as short |
| Extended ZRO-USD | +0.0704% | 1h | 1.1684 | +0.007% | $799K | $626K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1317% | 1h | 1.1750 | +0.573% | $12K | $261K | 12x | as long as short |
OKX ZRO-USDT-SWAP
Gate ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
Backpack ZRO_USDC_PERP
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP