Funding you earn now, next payment 00:00 UTC−0.0035%/8h= −3.8% APRnext payment −$0.17 per $10,000 · paid last 24h −0.002%
Price spread now: Binance against BloFin+0.166%7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$660.663% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 3 days (all we have)−0.490%−$49 · spread now +0.166%, 7d avg +0.059%
=The price spread pays, funding is against you. Binance is 0.108% dearer against BloFin than usual: you sell high and buy low (spread +0.166% now, against its 7-day average of +0.059%): +$11 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 10 days. At the pace of the last 7 days (−0.008% in total) that is about 3 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ZETA-USDT | 0.06038 | −0.0591 | get 0.0296% / 4h | 1h 31m | $408K | $1.0M | 50x |
| Short | Binance ZETAUSDT | 0.06048 | −0.0626 | pay 0.0313% / 4h | 1h 31m | $8.5M | $305.4M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- −$7.33
- Price spread: +0.166% → +0.059%
- $10.77
- Slippage, 4 orders
- −$44.26
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$62.82
- Costs to cover
- 0.663%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 1 min ago; Binance: live order book, 12 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 BloFin live order book, 1 min ago | 2.49 bp | 22.5 bp −$23 | 51.4 bp −$514 | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 0.83 bp | 15.8 bp −$16 | 50.1 bp −$501 | 373.4 bp −$37.3K | 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 | −0.1096% | 4h | 0.06048 | +0.166% | $609K | $9.5M | 25x | as long as short |
| MEXC ZETA_USDT | −0.0630% | 4h | 0.06041 | +0.050% | $1.5M | $11.6M | 50x | as long as short |
| Binance ZETAUSDTshort | −0.0626% | 4h | 0.06048 | +0.166% | $8.5M | $305.4M | 50x | |
| BingX ZETA-USDT | −0.0608% | 4h | 0.06045 | +0.116% | — | $6.8M | — | as long as short |
| BloFin ZETA-USDTlong | −0.0591% | 4h | 0.06038 | long leg | $408K | $1.0M | 50x | |
| KuCoin ZETAUSDTM | −0.0558% | 4h | 0.06032 | −0.099% | $1.2M | $5.1M | 20x | as long as short |
| OKX ZETA-USDT-SWAP | −0.0541% | 4h | 0.06039 | +0.017% | $1.1M | $46.6M | 20x | as long as short |
| Variational Omni ZETA | −0.0342% | 4h | 0.06027 | −0.177% | $142K | $708K | — | as long as short |
| Kraken Futures PF_ZETAUSD | −0.0264% | 1h | 0.06044 | +0.095% | $66K | $632K | 10x | as long as short |
| Bybit ZETAUSDT | −0.0134% | 4h | 0.06039 | +0.017% | $5.3M | $78.6M | 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 | −0.0131% | 1h | 0.06041 | +0.050% | $1.7M | $3.7M | 3x | as long as short |
| Injective ZETA/USDC PERP | +0.0033% | 1h | 0.06460 | +6.989% | $1K | $5K | 5.5x | as long as short |
| Bitget ZETAUSDT | +0.0100% | 4h | 0.06057 | +0.315% | $2.2M | $58.0M | 50x | as long as short |
BloFin ZETA-USDT
Binance ZETAUSDT
Gate ZETA_USDT
MEXC ZETA_USDT
BingX ZETA-USDT
KuCoin ZETAUSDTM
OKX ZETA-USDT-SWAP
Variational Omni ZETA
Kraken Futures PF_ZETAUSD
Bybit ZETAUSDT
Hyperliquid ZETA
Injective ZETA/USDC PERP
Bitget ZETAUSDT