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: Bybit against MEXC+0.145%7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$410.407% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 7 days−0.115%−$12 · spread now +0.145%, 7d avg −0.025%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.170% dearer against MEXC than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of −0.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZRO_USDT | 1.1719 | 0.0100 | pay 0.0050% / 4h | 3h 21m | $19.2M | $2.7M | 125x |
| Short | Bybit ZROUSDT | 1.1736 | 0.0100 | get 0.0050% / 4h | 3h 21m | $17.9M | $13.7M | 50x |
MEXC ZRO_USDT
Bybit ZROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against MEXC. 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: +0.145% → −0.025%
- $17.03
- Slippage, 4 orders
- −$29.74
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$23.71
- Costs to cover
- 0.407%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; Bybit: live order book, 2 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 MEXC live order book, 2 min ago | 0.43 bp | 5.8 bp −$6 | 13.8 bp −$138 | 71.6 bp −$7,163 | 471.2 bp −$235.6K |
| Sell Bybit live order book, 2 min ago | 0.85 bp | 14.7 bp −$15 | 39.6 bp −$396 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ZRO_USDC | +0.0050% | 4h | 1.1729 | +0.085% | $21K | $5K | 10x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1740 | +0.183% | $158K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1720 | +0.009% | $136K | $178K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1744 | +0.215% | $22.1M | $29.8M | 75x | as long as short |
| Bybit ZROUSDTshort | +0.0100% | 4h | 1.1736 | +0.145% | $17.9M | $13.7M | 50x | |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1744 | +0.213% | $3.2M | $7.9M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1720 | +0.009% | $1.3M | $1.5M | 75x | as long as short |
| MEXC ZRO_USDTlong | +0.0100% | 4h | 1.1719 | long leg | $19.2M | $2.7M | 125x | |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1723 | +0.034% | $2.4M | $2.0M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1746 | +0.230% | $2.7M | $2.6M | 75x | as long as short |
Orderly PERP_ZRO_USDC
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
OKX ZRO-USDT-SWAP
Gate ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ZRO-USDT | +0.0100% | 4h | 1.1735 | +0.137% | — | $16.3M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1720 | +0.009% | $97K | $222K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1739 | +0.173% | $2.3M | $809K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1760 | +0.350% | $39K | $676K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1735 | +0.137% | $100K | $850K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1727 | +0.068% | $21K | — | 3x | as long as short |
| dYdX ZRO-USD | +0.0108% | 1h | 1.1718 | −0.005% | $21K | $4K | 5x | as long as short |
| Lighter ZRO | +0.0112% | 1h | 1.1754 | +0.298% | $4.4M | $1.2M | 5x | as long as short |
| BloFin ZRO-USDT | +0.0128% | 4h | 1.1744 | +0.213% | $1.1M | $250K | 75x | as long as short |
| Nado ZRO-PERP | +0.0233% | 1h | 1.1731 | +0.104% | $1.3M | $125K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0293% / S −0.2341% | 1h | 1.1725 | +0.052% | $3K | — | 100x | as long as short |
| 01 Exchange ZROUSD | +0.0344% | 1h | 1.1734 | +0.125% | $7K | $3K | 5x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0462% | 1h | 1.1736 | +0.144% | $256K | $384K | 25x | as long as short |
| Hyperliquid ZRO | +0.0585% | 1h | 1.1737 | +0.154% | $37.3M | $5.5M | 5x | as long as short |
| Extended ZRO-USD | +0.1128% | 1h | 1.1733 | +0.121% | $804K | $625K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1363% | 1h | 1.1800 | +0.691% | $12K | $261K | 12x | as long as short |
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
dYdX ZRO-USD
Lighter ZRO
BloFin ZRO-USDT
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
01 Exchange ZROUSD
Kraken Futures PF_ZROUSD
Hyperliquid ZRO
Extended ZRO-USD
Injective ZRO/USDC PERP