Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against MEXC+0.017%7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$470.468% of the position
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 7 days−0.003%$0 · spread now +0.017%, 7d avg −0.026%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.043% dearer against MEXC than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.026%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZRO_USDT | 1.1804 | 0.0100 | pay 0.0050% / 4h | 3h 29m | $19.9M | $2.8M | 125x |
| Short | Bybit ZROUSDT | 1.1806 | 0.0100 | get 0.0050% / 4h | 3h 29m | $18.1M | $13.2M | 50x |
MEXC ZRO_USDT
Bybit ZROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: +0.017% → −0.026%
- $4.32
- Slippage, 4 orders
- −$35.81
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$42.49
- Costs to cover
- 0.468%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; Bybit: live order book, 4 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, 4 min ago | 1.27 bp | 8.7 bp −$9 | 43.0 bp −$430 | 82.9 bp −$8,290 | 311.3 bp −$155.7K |
| Sell Bybit live order book, 4 min ago | 0.42 bp | 15.4 bp −$15 | 48.2 bp −$482 | doesn't fit | doesn't fit |
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 | −0.0304% | 1h | 1.1781 | −0.198% | $4K | $5K | 5x | as long as short |
| dYdX ZRO-USD | 0.0000% | 1h | 1.1818 | +0.115% | $21K | $5K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0068% | 4h | 1.1803 | −0.008% | $21K | $4K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1824 | +0.167% | $4.4M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1815 | +0.093% | $37.4M | $5.3M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1813 | +0.073% | $159K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1805 | +0.012% | $136K | $166K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1805 | +0.009% | $22.2M | $29.2M | 75x | as long as short |
| Bybit ZROUSDTshort | +0.0100% | 4h | 1.1806 | +0.017% | $18.1M | $13.2M | 50x | |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1806 | +0.017% | $3.2M | $7.8M | 20x | as long as short |
01 Exchange ZROUSD
dYdX ZRO-USD
Orderly PERP_ZRO_USDC
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance 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 | 1.1800 | −0.034% | $1.3M | $1.3M | 75x | as long as short |
| MEXC ZRO_USDTlong | +0.0100% | 4h | 1.1804 | long leg | $19.9M | $2.8M | 125x | |
| KuCoin ZROUSDTM | +0.0100% | 4h | 1.1809 | +0.042% | $2.4M | $2.2M | 50x | as long as short |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1792 | −0.102% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1800 | −0.034% | — | $21.7M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1796 | −0.067% | $2.3M | $758K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1840 | +0.305% | $40K | $667K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1791 | −0.110% | $100K | $799K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1808 | +0.036% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0145% | 4h | 1.1802 | −0.017% | $1.1M | $200K | 75x | as long as short |
| Nado ZRO-PERP | +0.0168% | 1h | 1.1795 | −0.076% | $1.3M | $128K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0294% / S −0.2341% | 1h | 1.1810 | +0.050% | $3K | — | 100x | as long as short |
| Extended ZRO-USD | +0.0424% | 1h | 1.1801 | −0.025% | $806K | $646K | 10x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0514% | 1h | 1.1814 | +0.085% | $95K | $220K | 20x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0555% | 1h | 1.1812 | +0.069% | $269K | $306K | 25x | as long as short |
| Injective ZRO/USDC PERP | +0.1160% | 1h | 1.1960 | +1.322% | $13K | $258K | 12x | as long as short |
Gate ZRO_USDT
KuCoin ZROUSDTM
Bitget ZROUSDT
BingX ZRO-USDT
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
BloFin ZRO-USDT
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Extended ZRO-USD
Backpack ZRO_USDC_PERP
Kraken Futures PF_ZROUSD
Injective ZRO/USDC PERP