Funding you earn now, next payment 00:00 UTC−0.0026%/8h= −2.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.001%
Price spread now: MEXC against BloFin−0.017%7-day average +0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$480.482% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 3 days (all we have)−0.287%−$29 · spread now −0.017%, 7d avg +0.057%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.074% cheaper against BloFin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.057%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ZETA-USDT | 0.06000 | −0.0680 | get 0.0340% / 4h | 1h 16m | $414K | $1.0M | 50x |
| Short | MEXC ZETA_USDT | 0.05999 | −0.0706 | pay 0.0353% / 4h | 1h 16m | $1.5M | $11.6M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$5.56
- Price spread: −0.017% → +0.057%
- −$7.41
- Slippage, 4 orders
- −$32.23
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$61.2
- Costs to cover
- 0.482%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 5 min ago; MEXC: live order book, 1 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, 5 min ago | 1.66 bp | 18.4 bp −$18 | 45.1 bp −$451 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 1.67 bp | 5.0 bp −$5 | 40.7 bp −$407 | 117.8 bp −$11.8K | 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 | −0.1192% | 4h | 0.05998 | −0.033% | $623K | $9.5M | 25x | as long as short |
| Binance ZETAUSDT | −0.0714% | 4h | 0.05997 | −0.052% | $8.5M | $306.3M | 50x | as long as short |
| MEXC ZETA_USDTshort | −0.0706% | 4h | 0.05999 | −0.017% | $1.5M | $11.6M | 50x | |
| BloFin ZETA-USDTlong | −0.0680% | 4h | 0.06000 | long leg | $414K | $1.0M | 50x | |
| BingX ZETA-USDT | −0.0672% | 4h | 0.05997 | −0.050% | — | $6.8M | — | as long as short |
| OKX ZETA-USDT-SWAP | −0.0623% | 4h | 0.05989 | −0.183% | $1.1M | $46.4M | 20x | as long as short |
| KuCoin ZETAUSDTM | −0.0602% | 4h | 0.06000 | 0.000% | $1.1M | $5.1M | 20x | as long as short |
| Variational Omni ZETA | −0.0403% | 4h | 0.06015 | +0.246% | $142K | $708K | — | as long as short |
| Kraken Futures PF_ZETAUSD | −0.0265% | 1h | 0.06007 | +0.115% | $67K | $634K | 10x | as long as short |
| Hyperliquid ZETA | −0.0195% | 1h | 0.05995 | −0.083% | $1.7M | $3.7M | 3x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZETAUSDT | −0.0170% | 4h | 0.05989 | −0.183% | $5.3M | $78.9M | 25x | as long as short |
| Injective ZETA/USDC PERP | +0.0033% | 1h | 0.06460 | +7.667% | $1K | $5K | 5.5x | as long as short |
| Bitget ZETAUSDT | +0.0100% | 4h | 0.05999 | −0.017% | $2.2M | $58.2M | 50x | as long as short |
BloFin ZETA-USDT
MEXC ZETA_USDT
Gate ZETA_USDT
Binance ZETAUSDT
BingX ZETA-USDT
OKX ZETA-USDT-SWAP
KuCoin ZETAUSDTM
Variational Omni ZETA
Kraken Futures PF_ZETAUSD
Hyperliquid ZETA
Bybit ZETAUSDT
Injective ZETA/USDC PERP
Bitget ZETAUSDT