Funding you earn now, next payment 08:00 UTC+0.0059%/8h= +6.5% APRnext payment +$0.29 per $10,000 · paid last 24h +0.001%
Price spread now: MEXC against BloFin+0.253%79s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and MEXC is 0.253% dearer against BloFin than usual: you sell high and buy low: +$25 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 79 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 ZRX-USDT | 0.1187 | 0.0041 | pay 0.0021% / 4h | 1h 41m | $92K | $23K | 50x |
| Short | MEXC ZRX_USDT | 0.1190 | 0.0100 | get 0.0050% / 4h | 1h 41m | $892K | $163K | 50x |
BloFin ZRX-USDT
MEXC ZRX_USDTFunding 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
- $12.38
- Price spread: +0.253% → 0.000%
- $25.27
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $21.65
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: BloFin: no order-book sample; MEXC: live order book, 59 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 59 min ago | 8.43 bp | 12.2 bp −$12 | 60.5 bp −$605 | 205.4 bp −$20.5K | 354.5 bp −$177.3K |
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ZRX-USDTlong | +0.0041% | 4h | 0.1187 | long leg | $92K | $23K | 50x | |
| Binance ZRXUSDT | +0.0100% | 4h | 0.1191 | +0.337% | $1.7M | $1.4M | 50x | as long as short |
| Bybit ZRXUSDT | +0.0100% | 8h | 0.1191 | +0.320% | $1.4M | $338K | 25x | as long as short |
| OKX ZRX-USDT-SWAP | +0.0100% | 4h | 0.1190 | +0.270% | $522K | $361K | 20x | as long as short |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1188 | +0.110% | $143K | $39K | 75x | as long as short |
| MEXC ZRX_USDTshort | +0.0100% | 4h | 0.1190 | +0.253% | $892K | $163K | 50x | |
| KuCoin ZRXUSDTM | +0.0100% | 4h | 0.1192 | +0.421% | $299K | $58K | 30x | as long as short |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1190 | +0.253% | $599K | $138K | 50x | as long as short |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1191 | +0.337% | — | $2.3M | — | as long as short |
| Variational Omni ZRX | +0.0100% | 8h | 0.1189 | +0.138% | $23K | $13K | — | as long as short |
Binance ZRXUSDT
Bybit ZRXUSDT
OKX ZRX-USDT-SWAP
Gate ZRX_USDT
KuCoin ZRXUSDTM
Bitget ZRXUSDT
BingX ZRX-USDT
Variational Omni ZRXShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZRXUSD | +0.2096% | 1h | 0.1192 | +0.446% | $38K | $5K | 10x | as long as short |
Kraken Futures PF_ZRXUSD