Funding you earn now, next payment 08:00 UTC−0.0005%/8h= −0.6% APRnext payment −$0.03 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC−0.044%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1221.225% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 7 days+0.091%+$9 · spread now −0.044%, 7d avg −0.006%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.038% cheaper against MEXC than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZEREBRO_USDT | 0.03403 | 0.0476 | pay 0.0238% / 4h | 1h 17m | $7.1M | $126K | 50x |
| Short | Binance ZEREBROUSDT | 0.03401 | 0.0471 | get 0.0235% / 4h | 1h 17m | $4.7M | $1.4M | 10x |
MEXC ZEREBRO_USDT
Binance ZEREBROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$1.13
- Price spread: −0.044% → −0.006%
- −$3.83
- Slippage, 4 orders
- −$108.47
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$127.43
- Costs to cover
- 1.225%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 min ago; Binance: live order book, 5 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, 5 min ago | 3.37 bp | 19.8 bp −$20 | 57.3 bp −$573 | 244.0 bp −$24.4K | 401.7 bp −$200.9K |
| Sell Binance live order book, 5 min ago | 3.67 bp | 41.7 bp −$42 | 319.0 bp −$3,190 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZEREBROUSDT | +0.0100% | 4h | 0.03395 | −0.223% | $5.3M | $928K | 13x | as long as short |
| Gate ZEREBRO_USDT | +0.0100% | 4h | 0.03398 | −0.132% | $455K | $24K | 10x | as long as short |
| KuCoin ZEREBROUSDTM | +0.0100% | 4h | 0.03402 | −0.018% | $1.4M | $2.9M | 10x | as long as short |
| Variational Omni ZEREBRO | +0.0100% | 4h | 0.03398 | −0.123% | $108K | $15K | — | as long as short |
| BingX ZEREBRO-USDT | +0.0454% | 4h | 0.03401 | −0.047% | — | $1.3M | — | as long as short |
| Binance ZEREBROUSDTshort | +0.0471% | 4h | 0.03401 | −0.044% | $4.7M | $1.4M | 10x | |
| BloFin ZEREBRO-USDT | +0.0474% | 4h | 0.03406 | +0.115% | $272K | $12K | 10x | as long as short |
| MEXC ZEREBRO_USDTlong | +0.0476% | 4h | 0.03403 | long leg | $7.1M | $126K | 50x | |
| Extended ZEREBRO-USD | +0.0480% | 1h | 0.03400 | −0.069% | $361 | $219K | 5x | as long as short |
| Aster ZEREBROUSDT | +0.0487% | 4h | 0.03406 | +0.106% | $382K | $19K | 5x | as long as short |
Bybit ZEREBROUSDT
Gate ZEREBRO_USDT
KuCoin ZEREBROUSDTM
Variational Omni ZEREBRO
BingX ZEREBRO-USDT
BloFin ZEREBRO-USDT
Extended ZEREBRO-USD
Aster ZEREBROUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZEREBROUSD | +0.0659% | 1h | 0.03397 | −0.169% | $3K | $2K | 10x | as long as short |
Kraken Futures PF_ZEREBROUSD