Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bitget−0.025%7-day average +0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$460.458% of the position
Funding, last 7 days−0.029%−$3 on $10k
+Price spread, last 7 days+0.005%+$1 · spread now −0.025%, 7d avg +0.019%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.044% cheaper against Bitget than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ZROUSDT | 1.1815 | 0.0100 | pay 0.0050% / 4h | 2h 07m | $2.7M | $2.5M | 75x |
| Short | MEXC ZRO_USDT | 1.1812 | 0.0100 | get 0.0050% / 4h | 2h 07m | $19.1M | $3.5M | 125x |
Bitget ZROUSDT
MEXC ZRO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Bitget. 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
- Price spread: −0.025% → +0.019%
- −$4.44
- Slippage, 4 orders
- −$33.79
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$50.24
- Costs to cover
- 0.458%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 10 min ago; MEXC: live order book, 1 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 Bitget live order book, 10 min ago | 2.95 bp | 16.7 bp −$17 | 38.3 bp −$383 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 0.42 bp | 3.9 bp −$4 | 27.1 bp −$271 | 76.8 bp −$7,681 | 349.7 bp −$174.9K |
ZRO on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ZROUSD | −0.0432% | 1h | 1.1803 | −0.106% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | −0.0050% | 4h | 1.1809 | −0.051% | $21K | $7K | 10x | as long as short |
| dYdX ZRO-USD | +0.0067% | 1h | 1.1814 | −0.004% | $21K | $2K | 5x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1812 | −0.025% | $4.5M | $1.4M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1820 | +0.039% | $37.5M | $6.4M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1819 | +0.033% | $158K | $160K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1810 | −0.039% | $138K | $191K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1814 | −0.005% | $22.3M | $32.8M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1806 | −0.076% | $18.1M | $15.4M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1807 | −0.068% | $3.2M | $8.9M | 20x | as long as short |
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
dYdX ZRO-USD
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDT
OKX ZRO-USDT-SWAPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ZRO_USDT | +0.0100% | 4h | 1.1820 | +0.042% | $1.3M | $2.0M | 75x | as long as short |
| MEXC ZRO_USDTshort | +0.0100% | 4h | 1.1812 | −0.025% | $19.1M | $3.5M | 125x | |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1818 | +0.025% | $2.9M | $1.8M | 50x | as long as short |
| Bitget ZROUSDTlong | +0.0100% | 4h | 1.1815 | long leg | $2.7M | $2.5M | 75x | |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1807 | −0.068% | — | $10.9M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1819 | +0.034% | $95K | $206K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1777 | −0.320% | $2.2M | $861K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1810 | −0.042% | $37K | $681K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1816 | +0.008% | $88K | $913K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1808 | −0.062% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0106% | 4h | 1.1777 | −0.322% | $1.1M | $264K | 75x | as long as short |
| Nado ZRO-PERP | +0.0175% | 1h | 1.1808 | −0.061% | $1.3M | $130K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1821 | +0.053% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0317% | 1h | 1.1815 | −0.003% | $250K | $569K | 25x | as long as short |
| Injective ZRO/USDC PERP | +0.1237% | 1h | 1.1830 | +0.127% | $12K | $175K | 12x | as long as short |
| Extended ZRO-USD | +0.2168% | 1h | 1.1806 | −0.074% | $784K | $539K | 10x | as long as short |
Gate ZRO_USDT
KuCoin ZROUSDTM
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
BloFin ZRO-USDT
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Injective ZRO/USDC PERP
Extended ZRO-USD