Settings8H · net · $10k
Funding arb · Price arb /

ZRX

all ZRX markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.039%
Price spread now: KuCoin against MEXC0.000%7-day average −0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$989as in the Funding arb table
Net, price: spread back to 7d avg − costs−$977as in the Price arb table
costs, in and out, $10k−$9839.829% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.065%−$6 on $10k
Price spread, last 4 days (all we have)−0.058%−$6 · spread now 0.000%, 7d avg −0.057%
Together, before fees−0.123%−$12 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.057% dearer against MEXC than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.057%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ZRX_USDT0.12130.0100pay 0.0050% / 4h2h 35m$944K$168K50x
ShortKuCoin ZRXUSDTM0.12130.0100get 0.0050% / 4h2h 35m$327K$47K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against MEXC. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: 0.000% → −0.057%
$5.65
Slippage, 4 orders
−$966.91
Fee MEXC: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$977.25
Costs to cover
9.829%
Break-even
never at this rate
Slippage from MEXC: live order book, 25 min ago; KuCoin: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 25 min ago4.16 bp8.3 bp −$844.9 bp −$449217.5 bp −$21.7Kdoesn't fit
Sell KuCoin live order book, 1 min ago20.64 bp324.8 bp −$325doesn't fitdoesn't fitdoesn't fit

ZRX on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ZRXUSDT+0.0100%4h0.1214+0.048%$1.8M$1.3M50xas long as short
Bybit ZRXUSDT+0.0100%8h0.1213−0.025%$1.4M$377K25xas long as short
OKX ZRX-USDT-SWAP+0.0100%4h0.12130.000%$535K$309K20xas long as short
Gate ZRX_USDT+0.0100%8h0.1211−0.140%$146K$44K75xas long as short
MEXC ZRX_USDTlong+0.0100%4h0.1213long leg$944K$168K50x
KuCoin ZRXUSDTMshort+0.0100%4h0.12130.000%$327K$47K30x
Bitget ZRXUSDT+0.0100%4h0.1211−0.165%$582K$119K50xas long as short
BingX ZRX-USDT+0.0100%4h0.1214+0.082%$2.3Mas long as short
Variational Omni ZRX+0.0100%8h0.1212−0.102%$23K$41Kas long as short
BloFin ZRX-USDT+0.0113%4h0.1201−0.989%$95K$19K50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZRXUSD+0.1930%1h0.1216+0.263%$40K$4K10xas long as short