Funding you earn now, next payment 08:00 UTC+0.0723%/8h= +79.1% APRnext payment +$3.61 per $10,000 · paid last 24h +0.019%
Price spread now: BingX against BloFin+0.017%7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$950.953% of the position
Funding, last 7 days−0.048%−$5 on $10k
+Price spread, last 4 days (all we have)−0.205%−$20 · spread now +0.017%, 7d avg +0.063%
=Funding pays, the price is against you. BingX is 0.046% cheaper against BloFin than usual: you would sell low and buy high (spread +0.017% now, against its 7-day average of +0.063%). If the spread goes back, that is −$5 on $10k: about 5 hours of funding at the current rate (+$22 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.048% in total (about -2.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.61 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ZETA-USDT | 0.05904 | −0.0623 | get 0.0311% / 4h | 2h 14m | $384K | $1.3M | 50x |
| Short | BingX ZETA-USDT | 0.05905 | 0.0100 | get 0.0050% / 4h | 2h 14m | — | $7.7M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $151.78
- Price spread: +0.017% → +0.063%
- −$4.59
- Slippage, 4 orders
- −$73.3
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $51.89
- Costs to cover
- 0.953%
- Break-even
- 4.6 days
Slippage from BloFin: live order book, 3 min ago; BingX: live order book, 8 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, 3 min ago | 8.48 bp | 24.2 bp −$24 | 73.7 bp −$737 | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 4.24 bp | 22.0 bp −$22 | 64.3 bp −$643 | 288.6 bp −$28.9K | 698.0 bp −$349.0K |
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 | −0.2823% | 1h | 0.05900 | −0.067% | $53K | $721K | 10x | as long as short |
| Bybit ZETAUSDT | −0.1818% | 4h | 0.05908 | +0.068% | $5.0M | $87.5M | 25x | as long as short |
| Variational Omni ZETA | −0.1578% | 4h | 0.05899 | −0.093% | $111K | $685K | — | as long as short |
| Gate ZETA_USDT | −0.1326% | 4h | 0.05904 | 0.000% | $645K | $9.6M | 25x | as long as short |
| Binance ZETAUSDT | −0.0675% | 4h | 0.05907 | +0.051% | $7.9M | $333.9M | 50x | as long as short |
| MEXC ZETA_USDT | −0.0658% | 4h | 0.05905 | +0.017% | $1.2M | $11.9M | 50x | as long as short |
| BloFin ZETA-USDTlong | −0.0623% | 4h | 0.05904 | long leg | $384K | $1.3M | 50x | |
| KuCoin ZETAUSDTM | −0.0578% | 4h | 0.05906 | +0.034% | $1.2M | $5.2M | 20x | as long as short |
| OKX ZETA-USDT-SWAP | −0.0531% | 4h | 0.05908 | +0.068% | $1.2M | $48.5M | 20x | as long as short |
| Hyperliquid ZETA | −0.0365% | 1h | 0.05906 | +0.034% | $1.7M | $3.6M | 3x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective ZETA/USDC PERP | +0.0033% | 1h | 0.06460 | +9.417% | $1K | $1K | 5.5x | as long as short |
| Bitget ZETAUSDT | +0.0100% | 4h | 0.05910 | +0.102% | $2.4M | $64.7M | 50x | as long as short |
| BingX ZETA-USDTshort | +0.0100% | 4h | 0.05905 | +0.017% | — | $7.7M | — |
BloFin ZETA-USDT
BingX ZETA-USDT
Kraken Futures PF_ZETAUSD
Bybit ZETAUSDT
Variational Omni ZETA
Gate ZETA_USDT
Binance ZETAUSDT
MEXC ZETA_USDT
KuCoin ZETAUSDTM
OKX ZETA-USDT-SWAP
Hyperliquid ZETA
Injective ZETA/USDC PERP
Bitget ZETAUSDT