Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against KuCoin+0.095%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$1051.048% of the position
Funding, last 7 days−0.021%−$2 on $10k
+Price spread, last 7 days−0.152%−$15 · spread now +0.095%, 7d avg −0.007%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.102% dearer against KuCoin than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ZROUSDTM | 1.1577 | 0.0100 | pay 0.0050% / 4h | 37m 21s | $2.4M | $2.0M | 50x |
| Short | MEXC ZRO_USDT | 1.1588 | 0.0100 | get 0.0050% / 4h | 37m 21s | $19.0M | $2.7M | 125x |
KuCoin ZROUSDTM
MEXC ZRO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against KuCoin. 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: +0.095% → −0.007%
- $10.24
- Slippage, 4 orders
- −$92.79
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$94.55
- Costs to cover
- 1.048%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 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 KuCoin live order book, 4 min ago | 4.76 bp | 50.2 bp −$50 | 156.3 bp −$1,563 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 2.59 bp | 6.3 bp −$6 | 24.3 bp −$243 | 69.7 bp −$6,972 | 357.2 bp −$178.6K |
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ZRO-USD | +0.0010% | 1h | 1.1601 | +0.209% | $21K | $4K | 5x | as long as short |
| 01 Exchange ZROUSD | +0.0032% | 1h | 1.1596 | +0.165% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0036% | 4h | 1.1590 | +0.112% | $20K | $5K | 10x | as long as short |
| BloFin ZRO-USDT | +0.0063% | 4h | 1.1590 | +0.112% | $1.0M | $246K | 75x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0087% | 1h | 1.1602 | +0.216% | $97K | $218K | 20x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1612 | +0.302% | $4.3M | $1.2M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1598 | +0.181% | $156K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1595 | +0.154% | $135K | $178K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1592 | +0.130% | $21.7M | $29.8M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1588 | +0.095% | $17.7M | $13.9M | 50x | as long as short |
dYdX ZRO-USD
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
BloFin ZRO-USDT
Backpack ZRO_USDC_PERP
Lighter ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1594 | +0.147% | $3.1M | $7.9M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1580 | +0.026% | $1.3M | $1.5M | 75x | as long as short |
| MEXC ZRO_USDTshort | +0.0100% | 4h | 1.1588 | +0.095% | $19.0M | $2.7M | 125x | |
| KuCoin ZROUSDTMlong | +0.0100% | 4h | 1.1577 | long leg | $2.4M | $2.0M | 50x | |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1582 | +0.043% | $2.6M | $2.6M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1589 | +0.104% | — | $16.4M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1567 | −0.083% | $2.2M | $811K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1600 | +0.199% | $39K | $672K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1592 | +0.130% | $95K | $855K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1583 | +0.050% | $20K | — | 3x | as long as short |
| Nado ZRO-PERP | +0.0192% | 1h | 1.1575 | −0.015% | $1.3M | $125K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0291% / S −0.2341% | 1h | 1.1591 | +0.125% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0384% | 1h | 1.1602 | +0.212% | $255K | $404K | 25x | as long as short |
| Hyperliquid ZRO | +0.0405% | 1h | 1.1594 | +0.147% | $36.7M | $5.5M | 5x | as long as short |
| Injective ZRO/USDC PERP | +0.1186% | 1h | 1.1640 | +0.544% | $12K | $260K | 12x | as long as short |
| Extended ZRO-USD | +0.1224% | 1h | 1.1592 | +0.127% | $776K | $590K | 10x | as long as short |
OKX ZRO-USDT-SWAP
Gate ZRO_USDT
Bitget ZROUSDT
BingX ZRO-USDT
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Hyperliquid ZRO
Injective ZRO/USDC PERP
Extended ZRO-USD