Funding you earn now, next payment 00:00 UTC−0.0003%/8h= −0.3% APRnext payment −$0.02 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance+0.001%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$470.469% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.157%+$16 · spread now +0.001%, 7d avg +0.006%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZETAUSDT | 0.06065 | −0.0631 | get 0.0315% / 4h | 1h 29m | $8.6M | $305.5M | 50x |
| Short | MEXC ZETA_USDT | 0.06065 | −0.0634 | pay 0.0317% / 4h | 1h 29m | $1.5M | $11.6M | 50x |
Binance ZETAUSDT
MEXC ZETA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$0.64
- Price spread: +0.001% → +0.006%
- −$0.44
- Slippage, 4 orders
- −$32.94
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$48.02
- Costs to cover
- 0.469%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; MEXC: 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 Binance live order book, 14 min ago | 0.83 bp | 15.6 bp −$16 | 56.0 bp −$560 | 478.5 bp −$47.8K | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.83 bp | 8.1 bp −$8 | 55.8 bp −$558 | 115.6 bp −$11.6K | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ZETA_USDT | −0.1080% | 4h | 0.06062 | −0.048% | $609K | $9.5M | 25x | as long as short |
| MEXC ZETA_USDTshort | −0.0634% | 4h | 0.06065 | +0.001% | $1.5M | $11.6M | 50x | |
| Binance ZETAUSDTlong | −0.0631% | 4h | 0.06065 | long leg | $8.6M | $305.5M | 50x | |
| BingX ZETA-USDT | −0.0600% | 4h | 0.06057 | −0.131% | — | $6.8M | — | as long as short |
| BloFin ZETA-USDT | −0.0591% | 4h | 0.06038 | −0.444% | $408K | $1.0M | 50x | as long as short |
| OKX ZETA-USDT-SWAP | −0.0552% | 4h | 0.06056 | −0.147% | $1.1M | $46.8M | 20x | as long as short |
| KuCoin ZETAUSDTM | −0.0548% | 4h | 0.06061 | −0.065% | $1.2M | $5.1M | 20x | as long as short |
| Variational Omni ZETA | −0.0372% | 4h | 0.06013 | −0.860% | $142K | $708K | — | as long as short |
| Kraken Futures PF_ZETAUSD | −0.0263% | 1h | 0.06050 | −0.239% | $66K | $632K | 10x | as long as short |
| Bybit ZETAUSDT | −0.0143% | 4h | 0.06054 | −0.180% | $5.3M | $78.7M | 25x | as long as short |
Gate ZETA_USDT
BingX ZETA-USDT
BloFin ZETA-USDT
OKX ZETA-USDT-SWAP
KuCoin ZETAUSDTM
Variational Omni ZETA
Kraken Futures PF_ZETAUSD
Bybit ZETAUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid ZETA | −0.0125% | 1h | 0.06063 | −0.032% | $1.8M | $3.7M | 3x | as long as short |
| Injective ZETA/USDC PERP | +0.0033% | 1h | 0.06460 | +6.514% | $1K | $5K | 5.5x | as long as short |
| Bitget ZETAUSDT | +0.0100% | 4h | 0.06074 | +0.150% | $2.3M | $58.1M | 50x | as long as short |
Hyperliquid ZETA
Injective ZETA/USDC PERP
Bitget ZETAUSDT