Funding you earn now, next payment 04:00 UTC+0.0123%/8h= +13.4% APRnext payment +$0.61 per $10,000 · paid last 24h −0.019%
Price spread now: BingX against Binance−0.035%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$760.758% of the position
Funding, last 7 days−0.069%−$7 on $10k
+Price spread, last 7 days+0.053%+$5 · spread now −0.035%, 7d avg +0.012%
=Funding pays, the price is against you. BingX is 0.047% cheaper against Binance than usual: you would sell low and buy high (spread −0.035% now, against its 7-day average of +0.012%). If the spread goes back, that is −$5 on $10k: about 31 hours of funding at the current rate (+$4 a day). Mind the row above: over the last 7 days funding on this pair cost −0.069%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZETAUSDT | 0.05779 | −0.1815 | get 0.0907% / 4h | 3h 38m | $7.8M | $324.8M | 50x |
| Short | BingX ZETA-USDT | 0.05777 | −0.1692 | pay 0.0846% / 4h | 3h 38m | — | $7.1M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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
- $25.78
- Price spread: −0.035% → +0.012%
- −$4.71
- Slippage, 4 orders
- −$55.76
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$54.69
- Costs to cover
- 0.758%
- Break-even
- 21.9 days
Slippage from Binance: live order book, 5 min ago; BingX: live order book, 9 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 Binance live order book, 5 min ago | 2.61 bp | 18.7 bp −$19 | 66.4 bp −$664 | 492.4 bp −$49.2K | doesn't fit |
| Sell BingX live order book, 9 min ago | 4.39 bp | 17.8 bp −$18 | 48.2 bp −$482 | 368.3 bp −$36.8K | 733.5 bp −$366.8K |
ZETA on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZETAUSD | −0.2828% | 1h | 0.05759 | −0.344% | $49K | $701K | 10x | as long as short |
| BloFin ZETA-USDT | −0.1866% | 4h | 0.05739 | −0.692% | $360K | $1.1M | 50x | as long as short |
| Binance ZETAUSDTlong | −0.1815% | 4h | 0.05779 | long leg | $7.8M | $324.8M | 50x | |
| MEXC ZETA_USDT | −0.1814% | 4h | 0.05765 | −0.242% | $1.3M | $12.0M | 50x | as long as short |
| Gate ZETA_USDT | −0.1712% | 4h | 0.05778 | −0.017% | $569K | $10.0M | 25x | as long as short |
| BingX ZETA-USDTshort | −0.1692% | 4h | 0.05777 | −0.035% | — | $7.1M | — | |
| OKX ZETA-USDT-SWAP | −0.1602% | 4h | 0.05775 | −0.069% | $1.1M | $48.4M | 20x | as long as short |
| KuCoin ZETAUSDTM | −0.1498% | 4h | 0.05750 | −0.502% | $1.1M | $5.4M | 20x | as long as short |
| Variational Omni ZETA | −0.1242% | 4h | 0.05755 | −0.422% | $107K | $741K | — | as long as short |
| Bybit ZETAUSDT | −0.0664% | 4h | 0.05769 | −0.173% | $5.0M | $83.9M | 25x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid ZETA | −0.0640% | 1h | 0.05749 | −0.519% | $1.6M | $3.9M | 3x | as long as short |
| Injective ZETA/USDC PERP | +0.0033% | 1h | 0.06460 | +11.784% | $1K | $5K | 5.5x | as long as short |
| Bitget ZETAUSDT | +0.0100% | 4h | 0.05760 | −0.329% | $2.1M | $62.1M | 50x | as long as short |
Binance ZETAUSDT
BingX ZETA-USDT
Kraken Futures PF_ZETAUSD
BloFin ZETA-USDT
MEXC ZETA_USDT
Gate ZETA_USDT
OKX ZETA-USDT-SWAP
KuCoin ZETAUSDTM
Variational Omni ZETA
Bybit ZETAUSDT
Hyperliquid ZETA
Injective ZETA/USDC PERP
Bitget ZETAUSDT