ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0084%/8h= −9.2% APRnext payment −$0.42 per $10,000 · paid last 24h +0.019%

Price spread now: MEXC against BingX+0.389%7-day average +0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs−$4as in the Price arb table

costs, in and out, $10k−$430.429% of the position

Long on BingX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.068%+$7 on $10k

Price spread, last 4 days (all we have)−0.384%−$38 · spread now +0.389%, 7d avg +0.001%

Together, before fees−0.316%−$32 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.388% dearer against BingX than usual: you sell high and buy low (spread +0.389% now, against its 7-day average of +0.001%): +$39 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 15 days. Mind the row above: over the last 7 days funding on this pair paid +0.068%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX ZETA-USDT	0.05920	−0.1820	get 0.0910% / 4h	2h 22m	—	$7.4M	—
Short	MEXC ZETA_USDT	0.05943	−0.1904	pay 0.0952% / 4h	2h 22m	$1.1M	$12.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against BingX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BingXbpFee MEXCbpOrdersPrice spread, now +0.389%Rate

Funding earned: −$17.64
Price spread: +0.389% → +0.001%: $38.75
Slippage, 4 orders: −$28.92
Fee BingX: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$21.81
Costs to cover: 0.429%
Break-even: never at this rate

Slippage from BingX: live order book, 10 min ago; MEXC: live order book, 6 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 BingX live order book, 10 min ago	3.49 bp	14.1 bp −$14	44.8 bp −$448	405.2 bp −$40.5K	750.8 bp −$375.4K
Sell MEXC live order book, 6 min ago	0.85 bp	6.5 bp −$6	51.0 bp −$510	122.5 bp −$12.3K	doesn't fit

ZETA on 12 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
KuCoin ZETAUSDTM	−0.2002%	4h	0.05942	+0.372%	$1.1M	$5.6M	20x	as long as short
OKX ZETA-USDT-SWAP	−0.1975%	4h	0.05922	+0.034%	$1.2M	$52.7M	20x	as long as short
MEXC ZETA_USDTshort	−0.1904%	4h	0.05943	+0.389%	$1.1M	$12.3M	50x
Binance ZETAUSDT	−0.1896%	4h	0.05925	+0.081%	$8.2M	$343.6M	50x	as long as short
BingX ZETA-USDTlong	−0.1820%	4h	0.05920	long leg	—	$7.4M	—
Gate ZETA_USDT	−0.1600%	4h	0.05932	+0.203%	$614K	$10.6M	25x	as long as short
Variational Omni ZETA	−0.1413%	4h	0.05930	+0.169%	$115K	$757K	—	as long as short
Kraken Futures PF_ZETAUSD	−0.0951%	1h	0.05942	+0.378%	$49K	$719K	10x	as long as short
Bybit ZETAUSDT	−0.0812%	4h	0.05913	−0.118%	$5.3M	$88.8M	25x	as long as short
Hyperliquid ZETA	−0.0419%	1h	0.05940	+0.338%	$1.6M	$4.0M	3x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective ZETA/USDC PERP	+0.0033%	1h	0.06460	+9.122%	$1K	$5K	5.5x	as long as short
Bitget ZETAUSDT	+0.0100%	4h	0.05935	+0.253%	$2.4M	$66.4M	50x	as long as short