Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: MEXC against Gate−0.008%7-day average +0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$358as in the Funding arb table
Net, price: spread back to 7d avg − costs−$365as in the Price arb table
costs, in and out, $10k−$3603.603% of the position
Funding, last 7 days+0.019%+$2 on $10k
+Price spread, last 4 days (all we have)−0.060%−$6 · spread now −0.008%, 7d avg +0.039%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.048% cheaper against Gate than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.039%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ZRX_USDT | 0.1187 | 0.0100 | pay 0.0100% / 8h | 1h 00m | $142K | $40K | 75x |
| Short | MEXC ZRX_USDT | 0.1187 | 0.0100 | get 0.0050% / 4h | 1h 00m | $891K | $165K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Gate. 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: −0.008% → +0.039%
- −$4.77
- Slippage, 4 orders
- −$341.33
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$365.1
- Costs to cover
- 3.603%
- Break-even
- never at this rate
Slippage from Gate: live order book, 35 min ago; MEXC: live order book, 35 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 Gate live order book, 35 min ago | 10.56 bp | 98.8 bp −$99 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 35 min ago | 4.22 bp | 9.6 bp −$10 | 45.6 bp −$456 | 176.3 bp −$17.6K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ZRXUSDT | +0.0100% | 4h | 0.1187 | +0.034% | $1.7M | $1.4M | 50x | as long as short |
| Bybit ZRXUSDT | +0.0100% | 8h | 0.1188 | +0.084% | $1.4M | $337K | 25x | as long as short |
| OKX ZRX-USDT-SWAP | +0.0100% | 4h | 0.1189 | +0.126% | $521K | $363K | 20x | as long as short |
| Gate ZRX_USDTlong | +0.0100% | 8h | 0.1187 | long leg | $142K | $40K | 75x | |
| MEXC ZRX_USDTshort | +0.0100% | 4h | 0.1187 | −0.008% | $891K | $165K | 50x | |
| KuCoin ZRXUSDTM | +0.0100% | 4h | 0.1190 | +0.244% | $298K | $58K | 30x | as long as short |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1189 | +0.160% | $597K | $138K | 50x | as long as short |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1189 | +0.160% | — | $2.3M | — | as long as short |
| Variational Omni ZRX | +0.0100% | 8h | 0.1188 | +0.041% | $23K | $13K | — | as long as short |
| BloFin ZRX-USDT | +0.0113% | 4h | 0.1187 | −0.008% | $92K | $23K | 50x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZRXUSD | +0.2100% | 1h | 0.1190 | +0.225% | $38K | $5K | 10x | as long as short |
Gate ZRX_USDT
MEXC ZRX_USDT
Binance ZRXUSDT
Bybit ZRXUSDT
OKX ZRX-USDT-SWAP
KuCoin ZRXUSDTM
Bitget ZRXUSDT
BingX ZRX-USDT
Variational Omni ZRX
BloFin ZRX-USDT
Kraken Futures PF_ZRXUSD