Funding you earn now, next payment 04:00 UTC−0.0002%/8h= −0.2% APRnext payment −$0.01 per $10,000 · paid last 24h −0.004%
Price spread now: MEXC against BloFin−0.127%64s7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$850.847% of the position
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 3 days (all we have)+0.379%+$38 · spread now −0.127%, 7d avg +0.016%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.143% cheaper against BloFin than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.016%. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ZEREBRO-USDT | 0.03394 | 0.0398 | pay 0.0199% / 4h | 3h 48m | $266K | $12K | 10x |
| Short | MEXC ZEREBRO_USDT | 0.03390 | 0.0396 | get 0.0198% / 4h | 3h 48m | $7.1M | $125K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against BloFin. 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
- −$0.32
- Price spread: −0.127% → +0.016%
- −$14.3
- Slippage, 4 orders
- −$68.74
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$99.36
- Costs to cover
- 0.847%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 18 min ago; MEXC: live order book, 9 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 BloFin live order book, 18 min ago | 1.63 bp | 23.3 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 9 min ago | 3.68 bp | 20.0 bp −$20 | 50.2 bp −$502 | 232.0 bp −$23.2K | 399.6 bp −$199.8K |
ZEREBRO 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZEREBROUSD | +0.0090% | 1h | 0.03383 | −0.323% | $3K | $2K | 10x | as long as short |
| Bybit ZEREBROUSDT | +0.0100% | 4h | 0.03386 | −0.262% | $5.2M | $874K | 13x | as long as short |
| Gate ZEREBRO_USDT | +0.0100% | 4h | 0.03387 | −0.215% | $453K | $21K | 10x | as long as short |
| KuCoin ZEREBROUSDTM | +0.0100% | 4h | 0.03383 | −0.339% | $1.4M | $2.9M | 10x | as long as short |
| Variational Omni ZEREBRO | +0.0100% | 4h | 0.03385 | −0.278% | $109K | $14K | — | as long as short |
| BingX ZEREBRO-USDT | +0.0378% | 4h | 0.03390 | −0.130% | — | $1.3M | — | as long as short |
| Extended ZEREBRO-USD | +0.0392% | 1h | 0.03389 | −0.165% | $1K | $168K | 5x | as long as short |
| Binance ZEREBROUSDT | +0.0393% | 4h | 0.03390 | −0.136% | $4.6M | $1.3M | 10x | as long as short |
| MEXC ZEREBRO_USDTshort | +0.0396% | 4h | 0.03390 | −0.127% | $7.1M | $125K | 50x | |
| BloFin ZEREBRO-USDTlong | +0.0398% | 4h | 0.03394 | long leg | $266K | $12K | 10x |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ZEREBROUSDT | +0.0413% | 4h | 0.03394 | −0.012% | $381K | $22K | 5x | as long as short |
BloFin ZEREBRO-USDT
MEXC ZEREBRO_USDT
Kraken Futures PF_ZEREBROUSD
Bybit ZEREBROUSDT
Gate ZEREBRO_USDT
KuCoin ZEREBROUSDTM
Variational Omni ZEREBRO
BingX ZEREBRO-USDT
Extended ZEREBRO-USD
Binance ZEREBROUSDT
Aster ZEREBROUSDT