Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.012%
Price spread now: MEXC against KuCoin0.000%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$968as in the Funding arb table
Net, price: spread back to 7d avg − costs−$982as in the Price arb table
costs, in and out, $10k−$9769.760% of the position
Funding, last 7 days+0.084%+$8 on $10k
+Price spread, last 4 days (all we have)−0.087%−$9 · spread now 0.000%, 7d avg +0.057%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.057% cheaper against KuCoin than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.057%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ZRXUSDTM | 0.1182 | 0.0100 | pay 0.0050% / 4h | 3h 36m | $293K | $58K | 30x |
| Short | MEXC ZRX_USDT | 0.1182 | 0.0100 | get 0.0050% / 4h | 3h 36m | $887K | $168K | 50x |
Funding 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: 0.000% → +0.057%
- −$5.66
- Slippage, 4 orders
- −$960.02
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$981.69
- Costs to cover
- 9.760%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 56 min ago; MEXC: live order book, 54 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, 56 min ago | 12.67 bp | 379.4 bp −$379 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 54 min ago | 4.22 bp | 9.0 bp −$9 | 48.9 bp −$489 | 194.2 bp −$19.4K | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZRXUSDT | +0.0036% | 8h | 0.1182 | +0.017% | $1.4M | $341K | 25x | as long as short |
| Binance ZRXUSDT | +0.0100% | 4h | 0.1182 | 0.000% | $1.7M | $1.4M | 50x | as long as short |
| OKX ZRX-USDT-SWAP | +0.0100% | 4h | 0.1184 | +0.169% | $519K | $358K | 20x | as long as short |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1181 | −0.068% | $142K | $37K | 75x | as long as short |
| MEXC ZRX_USDTshort | +0.0100% | 4h | 0.1182 | 0.000% | $887K | $168K | 50x | |
| KuCoin ZRXUSDTMlong | +0.0100% | 4h | 0.1182 | long leg | $293K | $58K | 30x | |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1184 | +0.169% | $590K | $124K | 50x | as long as short |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1182 | 0.000% | — | $2.3M | — | as long as short |
| Variational Omni ZRX | +0.0100% | 8h | 0.1184 | +0.132% | $22K | $13K | — | as long as short |
| BloFin ZRX-USDT | +0.0146% | 4h | 0.1184 | +0.169% | $91K | $23K | 50x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZRXUSD | +0.0758% | 1h | 0.1185 | +0.245% | $38K | $6K | 10x | as long as short |
KuCoin ZRXUSDTM
MEXC ZRX_USDT
Bybit ZRXUSDT
Binance ZRXUSDT
OKX ZRX-USDT-SWAP
Gate ZRX_USDT
Bitget ZRXUSDT
BingX ZRX-USDT
Variational Omni ZRX
BloFin ZRX-USDT
Kraken Futures PF_ZRXUSD