Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against OKX+0.176%7-day average −0.105% · you sell dearer than you buy
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$750.755% of the position
Funding, last 7 days−0.248%−$25 on $10k
+Price spread, last 7 days−0.246%−$25 · spread now +0.176%, 7d avg −0.105%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.280% dearer against OKX than usual: you sell high and buy low, +$28 on $10k if it goes back to its 7-day average of −0.105%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ZBT-USDT-SWAP | 0.08543 | 0.0100 | pay 0.0050% / 4h | 2h 03m | $622K | $2.1M | 10x |
| Short | MEXC ZBT_USDT | 0.08558 | 0.0100 | get 0.0050% / 4h | 2h 03m | $1.5M | $290K | 100x |
OKX ZBT-USDT-SWAP
MEXC ZBT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against OKX. 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: +0.176% → −0.105%
- $28.04
- Slippage, 4 orders
- −$61.49
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$47.45
- Costs to cover
- 0.755%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; MEXC: live order book, 3 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 OKX live order book, 4 min ago | 0.59 bp | 21.7 bp −$22 | 278.7 bp −$2,787 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 1.17 bp | 12.3 bp −$12 | 65.8 bp −$658 | 260.6 bp −$26.1K | 845.5 bp −$422.8K |
ZBT on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZBTUSD | −0.0710% | 1h | 0.08566 | +0.267% | $7K | $1K | 10x | as long as short |
| Aster ZBTUSDT | +0.0100% | 4h | 0.08553 | +0.123% | $10K | $42K | 5x | as long as short |
| Binance ZBTUSDT | +0.0100% | 4h | 0.08557 | +0.167% | $3.5M | $4.9M | 50x | as long as short |
| Bybit ZBTUSDT | +0.0100% | 4h | 0.08552 | +0.105% | $917K | $936K | 25x | as long as short |
| OKX ZBT-USDT-SWAPlong | +0.0100% | 4h | 0.08543 | long leg | $622K | $2.1M | 10x | |
| Gate ZBT_USDT | +0.0100% | 8h | 0.08557 | +0.164% | $535K | $675K | 50x | as long as short |
| MEXC ZBT_USDTshort | +0.0100% | 4h | 0.08558 | +0.176% | $1.5M | $290K | 100x | |
| KuCoin ZBTUSDTM | +0.0100% | 4h | 0.08548 | +0.059% | $679K | $9.4M | 50x | as long as short |
| Bitget ZBTUSDT | +0.0100% | 4h | 0.08559 | +0.187% | $6.2M | $297K | 10x | as long as short |
| BingX ZBT-USDT | +0.0100% | 4h | 0.08549 | +0.070% | — | $1.3M | — | as long as short |
Kraken Futures PF_ZBTUSD
Aster ZBTUSDT
Binance ZBTUSDT
Bybit ZBTUSDT
Gate ZBT_USDT
KuCoin ZBTUSDTM
Bitget ZBTUSDT
BingX ZBT-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ZBT | +0.0100% | 4h | 0.08542 | −0.017% | $1K | $13K | — | as long as short |
| Extended ZBT-USD | +0.0104% | 1h | 0.08555 | +0.140% | $1K | $193K | 5x | as long as short |
| BloFin ZBT-USDT | +0.0156% | 4h | 0.08556 | +0.152% | $154K | $30K | 50x | as long as short |
Variational Omni ZBT
Extended ZBT-USD
BloFin ZBT-USDT