Funding you earn now, next payment 00:00 UTC−0.0022%/8h= −2.4% APRnext payment −$0.11 per $10,000 · paid last 24h −0.002%
Price spread now: BingX against MEXC−0.053%7-day average −0.114% · you buy dearer than you sell
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1111.106% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 7 days−0.122%−$12 · spread now −0.053%, 7d avg −0.114%
=The price spread pays, funding is against you. BingX is 0.061% dearer against MEXC than usual: you sell high and buy low (spread −0.053% now, against its 7-day average of −0.114%): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9.2 days. At the pace of the last 7 days (−0.004% in total) that is about 4 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZEREBRO_USDT | 0.03383 | 0.0488 | pay 0.0244% / 4h | 41m 17s | $7.1M | $126K | 50x |
| Short | BingX ZEREBRO-USDT | 0.03381 | 0.0466 | get 0.0233% / 4h | 41m 17s | — | $1.3M | — |
MEXC ZEREBRO_USDT
BingX ZEREBRO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$4.62
- Price spread: −0.053% → −0.114%
- $6.09
- Slippage, 4 orders
- −$96.64
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$109.17
- Costs to cover
- 1.106%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; BingX: live order book, 2 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, 1 min ago | 2.22 bp | 24.3 bp −$24 | 64.7 bp −$647 | 239.1 bp −$23.9K | 442.9 bp −$221.4K |
| Sell BingX live order book, 2 min ago | 4.14 bp | 31.1 bp −$31 | 204.1 bp −$2,041 | 668.9 bp −$66.9K | 865.9 bp −$433.0K |
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 | −0.0481% | 1h | 0.03380 | −0.079% | $3K | $2K | 10x | as long as short |
| Bybit ZEREBROUSDT | +0.0100% | 4h | 0.03377 | −0.174% | $5.2M | $877K | 13x | as long as short |
| Gate ZEREBRO_USDT | +0.0100% | 4h | 0.03378 | −0.136% | $451K | $21K | 10x | as long as short |
| KuCoin ZEREBROUSDTM | +0.0100% | 4h | 0.03380 | −0.095% | $1.4M | $2.9M | 10x | as long as short |
| Variational Omni ZEREBRO | +0.0100% | 4h | 0.03385 | +0.047% | $109K | $14K | — | as long as short |
| BingX ZEREBRO-USDTshort | +0.0466% | 4h | 0.03381 | −0.053% | — | $1.3M | — | |
| Binance ZEREBROUSDT | +0.0479% | 4h | 0.03383 | +0.008% | $4.6M | $1.3M | 10x | as long as short |
| Extended ZEREBRO-USD | +0.0480% | 1h | 0.03383 | −0.008% | $5K | $169K | 5x | as long as short |
| MEXC ZEREBRO_USDTlong | +0.0488% | 4h | 0.03383 | long leg | $7.1M | $126K | 50x | |
| BloFin ZEREBRO-USDT | +0.0489% | 4h | 0.03384 | +0.035% | $265K | $12K | 10x | as long as short |
Kraken Futures PF_ZEREBROUSD
Bybit ZEREBROUSDT
Gate ZEREBRO_USDT
KuCoin ZEREBROUSDTM
Variational Omni ZEREBRO
Binance ZEREBROUSDT
Extended ZEREBRO-USD
BloFin ZEREBRO-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ZEREBROUSDT | +0.0516% | 4h | 0.03387 | +0.113% | $380K | $22K | 5x | as long as short |
Aster ZEREBROUSDT