Settings8H · net · $10k
Funding arb · Price arb /

ZETA

all ZETA markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.296%−$30 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ZETA-USDT0.06000−0.0680get 0.0340% / 4h1h 16m$414K$1.0M50x
ShortMEXC ZETA_USDT0.05999−0.0706pay 0.0353% / 4h1h 16m$1.5M$11.6M50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 5 min ago1.66 bp18.4 bp −$1845.1 bp −$451doesn't fitdoesn't fit
Sell MEXC live order book, 1 min ago1.67 bp5.0 bp −$540.7 bp −$407117.8 bp −$11.8Kdoesn't fit

ZETA on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ZETA_USDT−0.1192%4h0.05998−0.033%$623K$9.5M25xas long as short
Binance ZETAUSDT−0.0714%4h0.05997−0.052%$8.5M$306.3M50xas long as short
MEXC ZETA_USDTshort−0.0706%4h0.05999−0.017%$1.5M$11.6M50x
BloFin ZETA-USDTlong−0.0680%4h0.06000long leg$414K$1.0M50x
BingX ZETA-USDT−0.0672%4h0.05997−0.050%$6.8Mas long as short
OKX ZETA-USDT-SWAP−0.0623%4h0.05989−0.183%$1.1M$46.4M20xas long as short
KuCoin ZETAUSDTM−0.0602%4h0.060000.000%$1.1M$5.1M20xas long as short
Variational Omni ZETA−0.0403%4h0.06015+0.246%$142K$708Kas long as short
Kraken Futures PF_ZETAUSD−0.0265%1h0.06007+0.115%$67K$634K10xas long as short
Hyperliquid ZETA−0.0195%1h0.05995−0.083%$1.7M$3.7M3xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ZETAUSDT−0.0170%4h0.05989−0.183%$5.3M$78.9M25xas long as short
Injective ZETA/USDC PERP+0.0033%1h0.06460+7.667%$1K$5K5.5xas long as short
Bitget ZETAUSDT+0.0100%4h0.05999−0.017%$2.2M$58.2M50xas long as short