Funding you earn now, next payment 00:00 UTC+0.0140%/8h= +15.3% APRnext payment +$0.70 per $10,000 · paid last 24h +0.062%
Price spread now: MEXC against Bybit+0.244%7-day average +0.213% · you sell dearer than you buy
Net, funding: paid 7d − costs−$140as in the Funding arb table
Net, price: spread back to 7d avg − costs−$148as in the Price arb table
costs, in and out, $10k−$1511.515% of the position
Funding, last 7 days+0.112%+$11 on $10k
+Price spread, last 7 days+0.029%+$3 · spread now +0.244%, 7d avg +0.213%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and MEXC is 0.030% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.213%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ZEREBROUSDT | 0.03367 | 0.0100 | pay 0.0050% / 4h | 1h 24m | $5.2M | $875K | 13x |
| Short | MEXC ZEREBRO_USDT | 0.03375 | 0.0240 | get 0.0120% / 4h | 1h 24m | $7.0M | $128K | 50x |
Bybit ZEREBROUSDT
MEXC ZEREBRO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Bybit. 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
- $29.4
- Price spread: +0.244% → +0.213%
- $3.01
- Slippage, 4 orders
- −$136.47
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$119.06
- Costs to cover
- 1.515%
- Break-even
- 35.3 days
Slippage from Bybit: live order book, 4 min ago; MEXC: live order book, 4 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 Bybit live order book, 4 min ago | 7.43 bp | 56.0 bp −$56 | 726.6 bp −$7,266 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 3.56 bp | 20.5 bp −$21 | 61.8 bp −$618 | 225.0 bp −$22.5K | 390.9 bp −$195.5K |
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 | −0.0779% | 1h | 0.03367 | −0.010% | $3K | $2K | 10x | as long as short |
| Bybit ZEREBROUSDTlong | +0.0100% | 4h | 0.03367 | long leg | $5.2M | $875K | 13x | |
| Gate ZEREBRO_USDT | +0.0100% | 4h | 0.03365 | −0.062% | $449K | $21K | 10x | as long as short |
| KuCoin ZEREBROUSDTM | +0.0100% | 4h | 0.03365 | −0.048% | $1.4M | $2.9M | 10x | as long as short |
| Variational Omni ZEREBRO | +0.0100% | 4h | 0.03361 | −0.194% | $108K | $14K | — | as long as short |
| Binance ZEREBROUSDT | +0.0231% | 4h | 0.03374 | +0.220% | $4.6M | $1.4M | 10x | as long as short |
| Extended ZEREBRO-USD | +0.0232% | 1h | 0.03374 | +0.200% | $5K | $169K | 5x | as long as short |
| MEXC ZEREBRO_USDTshort | +0.0240% | 4h | 0.03375 | +0.244% | $7.0M | $128K | 50x | |
| BingX ZEREBRO-USDT | +0.0258% | 4h | 0.03368 | +0.027% | — | $1.3M | — | as long as short |
| BloFin ZEREBRO-USDT | +0.0271% | 4h | 0.03367 | −0.006% | $265K | $12K | 10x | as long as short |
Kraken Futures PF_ZEREBROUSD
Gate ZEREBRO_USDT
KuCoin ZEREBROUSDTM
Variational Omni ZEREBRO
Binance ZEREBROUSDT
Extended ZEREBRO-USD
BingX ZEREBRO-USDT
BloFin ZEREBRO-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ZEREBROUSDT | +0.0334% | 4h | 0.03368 | +0.014% | $378K | $21K | 5x | as long as short |
Aster ZEREBROUSDT