Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.033%
Price spread now: MEXC against Bybit+0.008%7-day average −0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1451.448% of the position
Funding, last 7 days+0.316%+$32 on $10k
+Price spread, last 7 days−0.046%−$5 · spread now +0.008%, 7d avg −0.053%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.061% dearer against Bybit than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.053%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ZRXUSDT | 0.1216 | 0.0100 | pay 0.0100% / 8h | 5h 30m | $1.5M | $380K | 25x |
| Short | MEXC ZRX_USDT | 0.1216 | 0.0100 | get 0.0050% / 4h | 1h 30m | $919K | $169K | 50x |
Bybit ZRXUSDT
MEXC ZRX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Bybit. 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: +0.008% → −0.053%
- $6.13
- Slippage, 4 orders
- −$129.83
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$138.7
- Costs to cover
- 1.448%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; MEXC: live order book, 25 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 Bybit live order book, 1 min ago | 7.81 bp | 59.4 bp −$59 | 183.5 bp −$1,835 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 25 min ago | 4.12 bp | 9.6 bp −$10 | 44.9 bp −$449 | 183.2 bp −$18.3K | 348.3 bp −$174.1K |
ZRX 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ZRXUSDT | +0.0100% | 4h | 0.1217 | +0.052% | $1.8M | $1.3M | 50x | as long as short |
| Bybit ZRXUSDTlong | +0.0100% | 8h | 0.1216 | long leg | $1.5M | $380K | 25x | |
| OKX ZRX-USDT-SWAP | +0.0100% | 4h | 0.1216 | +0.016% | $536K | $334K | 20x | as long as short |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1214 | −0.148% | $146K | $43K | 75x | as long as short |
| MEXC ZRX_USDTshort | +0.0100% | 4h | 0.1216 | +0.008% | $919K | $169K | 50x | |
| KuCoin ZRXUSDTM | +0.0100% | 4h | 0.1213 | −0.239% | $326K | $47K | 30x | as long as short |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1215 | −0.074% | $584K | $123K | 50x | as long as short |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1215 | −0.074% | — | $2.3M | — | as long as short |
| Variational Omni ZRX | +0.0100% | 8h | 0.1215 | −0.086% | $23K | $41K | — | as long as short |
| BloFin ZRX-USDT | +0.0108% | 4h | 0.1218 | +0.173% | $96K | $23K | 50x | as long as short |
Binance ZRXUSDT
OKX ZRX-USDT-SWAP
Gate ZRX_USDT
KuCoin ZRXUSDTM
Bitget ZRXUSDT
BingX ZRX-USDT
Variational Omni ZRX
BloFin ZRX-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZRXUSD | +0.1645% | 1h | 0.1217 | +0.117% | $40K | $4K | 10x | as long as short |
Kraken Futures PF_ZRXUSD