Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.033%
Price spread now: Bybit against MEXC−0.126%7-day average +0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$197as in the Funding arb table
Net, price: spread back to 7d avg − costs−$183as in the Price arb table
costs, in and out, $10k−$1661.656% of the position
Funding, last 7 days−0.318%−$32 on $10k
+Price spread, last 7 days+0.207%+$21 · spread now −0.126%, 7d avg +0.052%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.178% cheaper against MEXC than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of +0.052%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZRX_USDT | 0.1188 | 0.0100 | pay 0.0050% / 4h | 1h 29m | $892K | $164K | 50x |
| Short | Bybit ZRXUSDT | 0.1187 | 0.0100 | get 0.0100% / 8h | 1h 29m | $1.4M | $338K | 25x |
MEXC ZRX_USDT
Bybit ZRXUSDTFunding 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: −0.126% → +0.052%
- −$17.78
- Slippage, 4 orders
- −$150.6
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$183.37
- Costs to cover
- 1.656%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 6 min ago; Bybit: live order book, 6 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, 6 min ago | 4.22 bp | 12.2 bp −$12 | 59.0 bp −$590 | 225.6 bp −$22.6K | doesn't fit |
| Sell Bybit live order book, 6 min ago | 4.22 bp | 71.4 bp −$71 | 240.7 bp −$2,407 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ZRX-USDT | +0.0052% | 4h | 0.1186 | −0.168% | $92K | $23K | 50x | as long as short |
| Binance ZRXUSDT | +0.0100% | 4h | 0.1187 | −0.086% | $1.7M | $1.4M | 50x | as long as short |
| Bybit ZRXUSDTshort | +0.0100% | 8h | 0.1187 | −0.126% | $1.4M | $338K | 25x | |
| OKX ZRX-USDT-SWAP | +0.0100% | 4h | 0.1187 | −0.126% | $522K | $361K | 20x | as long as short |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1185 | −0.253% | $142K | $39K | 75x | as long as short |
| MEXC ZRX_USDTlong | +0.0100% | 4h | 0.1188 | long leg | $892K | $164K | 50x | |
| KuCoin ZRXUSDTM | +0.0100% | 4h | 0.1187 | −0.084% | $298K | $58K | 30x | as long as short |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1186 | −0.168% | $596K | $139K | 50x | as long as short |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1186 | −0.168% | — | $2.3M | — | as long as short |
| Variational Omni ZRX | +0.0100% | 8h | 0.1186 | −0.203% | $22K | $13K | — | as long as short |
BloFin ZRX-USDT
Binance 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 | +0.2102% | 1h | 0.1189 | +0.052% | $38K | $5K | 10x | as long as short |
Kraken Futures PF_ZRXUSD