Funding you earn now, next payment 12:00 UTC+0.0558%/8h= +61.1% APRpaid last 24h 0.000%
Price spread now: MEXC against Gate+0.059%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$342as in the Funding arb table
Net, price: spread back to 7d avg − costs−$344as in the Price arb table
costs, in and out, $10k−$3463.461% of the position
Funding, last 7 days+0.037%+$4 on $10k
+Price spread, last 4 days (all we have)−0.212%−$21 · spread now +0.059%, 7d avg +0.042%
=The price spread sits at its 7-day average of +0.042%, so right now this pair is about funding alone: +$17 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.037% in total (about 1.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ZRX_USDT | 0.1178 | −0.0458 | get 0.0458% / 8h | 5h 51m | $141K | $36K | 75x |
| Short | MEXC ZRX_USDT | 0.1179 | 0.0100 | get 0.0050% / 4h | 1h 51m | $873K | $134K | 50x |
Gate ZRX_USDT
MEXC ZRX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Gate. 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
- $117.18
- Price spread: +0.059% → +0.042%
- $1.71
- Slippage, 4 orders
- −$327.11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$227.22
- Costs to cover
- 3.461%
- Break-even
- 20.6 days
Slippage from Gate: live order book, 54 min ago; MEXC: live order book, 56 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 Gate live order book, 54 min ago | 10.56 bp | 182.6 bp −$183 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 56 min ago | 4.22 bp | 9.2 bp −$9 | 49.3 bp −$493 | 194.1 bp −$19.4K | doesn't fit |
ZRX on 11 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ZRX_USDTlong | −0.0458% | 8h | 0.1178 | long leg | $141K | $36K | 75x | |
| Bybit ZRXUSDT | −0.0303% | 8h | 0.1180 | +0.144% | $1.4M | $354K | 25x | as long as short |
| Binance ZRXUSDT | +0.0100% | 4h | 0.1179 | +0.072% | $1.7M | $1.4M | 50x | as long as short |
| OKX ZRX-USDT-SWAP | +0.0100% | 4h | 0.1179 | +0.085% | $518K | $352K | 20x | as long as short |
| MEXC ZRX_USDTshort | +0.0100% | 4h | 0.1179 | +0.059% | $873K | $134K | 50x | |
| KuCoin ZRXUSDTM | +0.0100% | 4h | 0.1181 | +0.229% | $287K | $57K | 30x | as long as short |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1181 | +0.229% | $583K | $142K | 50x | as long as short |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1180 | +0.144% | — | $2.3M | — | as long as short |
| Variational Omni ZRX | +0.0100% | 8h | 0.1183 | +0.424% | $22K | $13K | — | as long as short |
| BloFin ZRX-USDT | +0.0147% | 4h | 0.1181 | +0.229% | $91K | $23K | 50x | as long as short |
Bybit ZRXUSDT
Binance ZRXUSDT
OKX ZRX-USDT-SWAP
KuCoin ZRXUSDTM
Bitget ZRXUSDT
BingX ZRX-USDT
Variational Omni ZRX
BloFin ZRX-USDTShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZRXUSD | +0.0453% | 1h | 0.1182 | +0.334% | $37K | $6K | 10x | as long as short |
Kraken Futures PF_ZRXUSD