Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against MEXC+0.075%7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$1051.048% of the position
Funding, last 7 days−0.031%−$3 on $10k
+Price spread, last 4 days (all we have)+0.497%+$50 · spread now +0.075%, 7d avg −0.026%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.101% dearer against MEXC than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.026%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZRX_USDT | 0.1203 | 0.0100 | pay 0.0050% / 4h | 1h 02m | $909K | $172K | 50x |
| Short | OKX ZRX-USDT-SWAP | 0.1204 | 0.0100 | get 0.0050% / 4h | 1h 02m | $530K | $331K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.075% → −0.026%
- $10.12
- Slippage, 4 orders
- −$90.81
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$94.69
- Costs to cover
- 1.048%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 54 min ago; OKX: live order book, 59 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, 54 min ago | 4.12 bp | 9.8 bp −$10 | 51.7 bp −$517 | 218.2 bp −$21.8K | 348.6 bp −$174.3K |
| Sell OKX live order book, 59 min ago | 2.88 bp | 43.7 bp −$44 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZRXUSDTM | +0.0086% | 4h | 0.1203 | 0.000% | $324K | $47K | 30x | as long as short |
| Binance ZRXUSDT | +0.0100% | 4h | 0.1203 | +0.042% | $1.8M | $1.3M | 50x | as long as short |
| Bybit ZRXUSDT | +0.0100% | 8h | 0.1203 | +0.025% | $1.4M | $348K | 25x | as long as short |
| OKX ZRX-USDT-SWAPshort | +0.0100% | 4h | 0.1204 | +0.075% | $530K | $331K | 20x | |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1203 | −0.008% | $145K | $44K | 75x | as long as short |
| MEXC ZRX_USDTlong | +0.0100% | 4h | 0.1203 | long leg | $909K | $172K | 50x | |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1204 | +0.083% | $579K | $121K | 50x | as long as short |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1205 | +0.166% | — | $2.3M | — | as long as short |
| Variational Omni ZRX | +0.0100% | 8h | 0.1208 | +0.384% | $23K | $24K | — | as long as short |
| BloFin ZRX-USDT | +0.0140% | 4h | 0.1208 | +0.416% | $96K | $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 | +0.1656% | 1h | 0.1209 | +0.533% | $39K | $4K | 10x | as long as short |
MEXC ZRX_USDT
OKX ZRX-USDT-SWAP
KuCoin ZRXUSDTM
Binance ZRXUSDT
Bybit ZRXUSDT
Gate ZRX_USDT
Bitget ZRXUSDT
BingX ZRX-USDT
Variational Omni ZRX
BloFin ZRX-USDT
Kraken Futures PF_ZRXUSD