Funding you earn now, next payment 02:00 UTC−0.2001%/8h= −219.1% APRpaid last 24h −0.203%
Price spread now: Binance against Injective−10.654%57s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.078%−$8 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$60 a day on $10k at the current rate, and Binance is 10.654% cheaper against Injective than usual: you would sell low and buy high (−$1,065 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.078% in total (about -4.1% a year). A funding rate is set anew for every payment. 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 | Injective ZETA/USDC PERP | 0.06460 | 0.0033 | pay 0.0004% / 1h | 50m 16s | $1K | $5K | 5.5x |
| Short | Binance ZETAUSDT | 0.05772 | −0.1967 | pay 0.0984% / 4h | 2h 50m | $8.0M | $335.0M | 50x |
Injective ZETA/USDC PERP
Binance ZETAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Injective. 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
- −$420.12
- Price spread: −10.654% → 0.000%
- −$1,065.41
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$1,495.55
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Binance: live order book, 8 min ago. Net counts fees only.
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 Injective no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 8 min ago | 1.74 bp | 15.0 bp −$15 | 55.6 bp −$556 | 426.2 bp −$42.6K | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.1996% | 4h | 0.05779 | −10.542% | $602K | $10.3M | 25x | as long as short |
| MEXC ZETA_USDT | −0.1978% | 4h | 0.05776 | −10.588% | $1.1M | $12.2M | 50x | as long as short |
| Binance ZETAUSDTshort | −0.1967% | 4h | 0.05772 | −10.654% | $8.0M | $335.0M | 50x | |
| BloFin ZETA-USDT | −0.1945% | 4h | 0.05766 | −10.743% | $384K | $1.2M | 50x | as long as short |
| OKX ZETA-USDT-SWAP | −0.1932% | 4h | 0.05762 | −10.805% | $1.1M | $49.9M | 20x | as long as short |
| BingX ZETA-USDT | −0.1924% | 4h | 0.05770 | −10.681% | — | $7.2M | — | as long as short |
| KuCoin ZETAUSDTM | −0.1890% | 4h | 0.05779 | −10.542% | $1.2M | $5.6M | 20x | as long as short |
| Variational Omni ZETA | −0.1354% | 4h | 0.05751 | −10.981% | $107K | $749K | — | as long as short |
| Kraken Futures PF_ZETAUSD | −0.0979% | 1h | 0.05773 | −10.636% | $47K | $713K | 10x | as long as short |
| Bybit ZETAUSDT | −0.0571% | 4h | 0.05760 | −10.836% | $5.0M | $86.3M | 25x | as long as short |
Gate ZETA_USDT
MEXC ZETA_USDT
BloFin ZETA-USDT
OKX ZETA-USDT-SWAP
BingX ZETA-USDT
KuCoin ZETAUSDTM
Variational Omni ZETA
Kraken Futures PF_ZETAUSD
Bybit ZETAUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective ZETA/USDC PERPlong | +0.0033% | 1h | 0.06460 | long leg | $1K | $5K | 5.5x | |
| Hyperliquid ZETA | +0.0050% | 1h | 0.05767 | −10.728% | $1.6M | $3.9M | 3x | as long as short |
| Bitget ZETAUSDT | +0.0100% | 4h | 0.05768 | −10.712% | $2.2M | $64.6M | 50x | as long as short |
Hyperliquid ZETA
Bitget ZETAUSDT