ZKP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.06 per $10,000 · paid last 24h +0.005%

Price spread now: BloFin against MEXC+0.120%49s7-day average +0.053% · you sell dearer than you buy

Net, funding: paid 7d − costs−$75as 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−$730.733% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.013%−$1 on $10k

Price spread, last 4 days (all we have)+0.061%+$6 · spread now +0.120%, 7d avg +0.053%

Together, before fees+0.048%+$5 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BloFin is 0.067% dearer against MEXC than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.053%. The two prices were read 49 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	MEXC ZKP_USDT	0.05008	0.0100	pay 0.0050% / 4h	3h 18m	$1.2M	$208K	20x
Short	BloFin ZKP-USDT	0.05014	0.0112	get 0.0056% / 4h	3h 18m	$217K	$46K	40x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee BloFinbpOrdersPrice spread, now +0.120%Rate

Funding earned: $2.54
Price spread: +0.120% → +0.053%: $6.7
Slippage, 4 orders: −$57.29
Fee MEXC: 2 bp × 2 orders: −$4
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$64.05
Costs to cover: 0.733%
Break-even: 183.2 days

Slippage from MEXC: live order book, 3 min ago; BloFin: 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 MEXC live order book, 3 min ago	2.00 bp	9.7 bp −$10	63.7 bp −$637	359.7 bp −$36.0K	doesn't fit
Sell BloFin live order book, 3 min ago	5.99 bp	26.1 bp −$26	78.3 bp −$783	doesn't fit	doesn't fit

ZKP on 10 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
Aster ZKPUSDT	+0.0100%	4h	0.05006	−0.038%	$27K	$83K	5x	as long as short
Binance ZKPUSDT	+0.0100%	4h	0.05008	+0.003%	$2.7M	$2.9M	40x	as long as short
Bybit ZKPUSDT	+0.0100%	4h	0.05003	−0.100%	$1.2M	$1.0M	25x	as long as short
OKX ZKP-USDT-SWAP	+0.0100%	4h	0.05009	+0.020%	$319K	$560K	20x	as long as short
Gate ZKP_USDT	+0.0100%	4h	0.05007	−0.020%	$323K	$173K	25x	as long as short
MEXC ZKP_USDTlong	+0.0100%	4h	0.05008	long leg	$1.2M	$208K	20x
KuCoin ZKPUSDTM	+0.0100%	4h	0.05007	−0.020%	$582K	$508K	20x	as long as short
Bitget ZKPUSDT	+0.0100%	4h	0.05010	+0.040%	$317K	$268K	20x	as long as short
BingX ZKP-USDT	+0.0100%	4h	0.05007	−0.020%	—	$6.6M	—	as long as short
BloFin ZKP-USDTshort	+0.0112%	4h	0.05014	+0.120%	$217K	$46K	40x