Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against BingX−0.084%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$850.848% of the position
Funding, last 7 days−0.068%−$7 on $10k
+Price spread, last 7 days+0.099%+$10 · spread now −0.084%, 7d avg −0.010%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.074% cheaper against BingX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.010%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZRX-USDT | 0.1193 | 0.0100 | pay 0.0050% / 4h | 1h 49m | — | $2.3M | — |
| Short | MEXC ZRX_USDT | 0.1192 | 0.0100 | get 0.0050% / 4h | 1h 49m | $884K | $161K | 50x |
BingX ZRX-USDT
MEXC ZRX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against BingX. 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: −0.084% → −0.010%
- −$7.37
- Slippage, 4 orders
- −$70.82
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$92.18
- Costs to cover
- 0.848%
- Break-even
- never at this rate
Slippage from BingX: live order book, 13 min ago; MEXC: live order book, 26 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 BingX live order book, 13 min ago | 4.19 bp | 27.5 bp −$27 | 91.2 bp −$912 | 746.4 bp −$74.6K | 1282.7 bp −$641.4K |
| Sell MEXC live order book, 26 min ago | 4.19 bp | 9.5 bp −$9 | 37.9 bp −$379 | 172.6 bp −$17.3K | doesn't fit |
ZRX on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZRXUSDT | −0.0143% | 8h | 0.1193 | −0.025% | $1.4M | $328K | 25x | as long as short |
| KuCoin ZRXUSDTM | −0.0010% | 4h | 0.1190 | −0.251% | $330K | $57K | 30x | as long as short |
| Kraken Futures PF_ZRXUSD | +0.0035% | 1h | 0.1195 | +0.137% | $40K | $2K | 10x | as long as short |
| Binance ZRXUSDT | +0.0100% | 4h | 0.1192 | −0.043% | $1.8M | $1.2M | 50x | as long as short |
| OKX ZRX-USDT-SWAP | +0.0100% | 4h | 0.1193 | −0.008% | $531K | $239K | 20x | as long as short |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1193 | +0.025% | $146K | $40K | 75x | as long as short |
| MEXC ZRX_USDTshort | +0.0100% | 4h | 0.1192 | −0.084% | $884K | $161K | 50x | |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1192 | −0.084% | $579K | $127K | 50x | as long as short |
| BingX ZRX-USDTlong | +0.0100% | 4h | 0.1193 | long leg | — | $2.3M | — | |
| Variational Omni ZRX | +0.0100% | 8h | 0.1193 | +0.008% | $29K | $35K | — | as long as short |
Bybit ZRXUSDT
KuCoin ZRXUSDTM
Kraken Futures PF_ZRXUSD
Binance ZRXUSDT
OKX ZRX-USDT-SWAP
Gate ZRX_USDT
Bitget ZRXUSDT
Variational Omni ZRXShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ZRX-USDT | +0.0119% | 4h | 0.1194 | +0.084% | $95K | $19K | 50x | as long as short |
BloFin ZRX-USDT