Funding you earn now, next payment 11:00 UTC−0.0927%/8h= −101.5% APRpaid last 24h −0.177%
Price spread now: MEXC against Injective−14.768%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.172%−$17 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 −$28 a day on $10k at the current rate, and MEXC is 14.768% cheaper against Injective than usual: you would sell low and buy high (−$1,477 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.172% in total (about -9.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| 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 | 29m 15s | $1K | $1K | 5.5x |
| Short | MEXC ZETA_USDT | 0.05506 | −0.0894 | pay 0.0447% / 4h | 1h 29m | $1.1M | $7.9M | 50x |
Injective ZETA/USDC PERP
MEXC ZETA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$194.74
- Price spread: −14.768% → 0.000%
- −$1,476.78
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$1,675.54
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; MEXC: live order book, 2 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 MEXC live order book, 2 min ago | 0.90 bp | 8.2 bp −$8 | 57.3 bp −$573 | 133.4 bp −$13.3K | 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 exchanges
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 | −0.2158% | 1h | 0.05501 | −14.848% | $54K | $515K | 10x | as long as short |
| Variational Omni ZETA | −0.1439% | 4h | 0.05563 | −13.890% | $119K | $418K | — | as long as short |
| Binance ZETAUSDT | −0.0914% | 4h | 0.05505 | −14.785% | $6.7M | $243.1M | 50x | as long as short |
| MEXC ZETA_USDTshort | −0.0894% | 4h | 0.05506 | −14.768% | $1.1M | $7.9M | 50x | |
| Bybit ZETAUSDT | −0.0887% | 4h | 0.05502 | −14.830% | $4.3M | $66.0M | 25x | as long as short |
| Gate ZETA_USDT | −0.0878% | 4h | 0.05509 | −14.721% | $528K | $6.1M | 25x | as long as short |
| BloFin ZETA-USDT | −0.0852% | 4h | 0.05505 | −14.783% | $321K | $1.0M | 50x | as long as short |
| OKX ZETA-USDT-SWAP | −0.0530% | 4h | 0.05506 | −14.768% | $976K | $33.0M | 20x | as long as short |
| KuCoin ZETAUSDTM | −0.0470% | 4h | 0.05503 | −14.814% | $925K | $3.7M | 20x | as long as short |
| Hyperliquid ZETA | −0.0323% | 1h | 0.05503 | −14.814% | $1.5M | $2.8M | 3x | as long as short |
Kraken Futures PF_ZETAUSD
Variational Omni ZETA
Binance ZETAUSDT
Bybit ZETAUSDT
Gate ZETA_USDT
BloFin ZETA-USDT
OKX ZETA-USDT-SWAP
KuCoin ZETAUSDTM
Hyperliquid ZETAShow all 13 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ZETAUSDT | −0.0096% | 4h | 0.05503 | −14.814% | $2.2M | $49.1M | 50x | as long as short |
| BingX ZETA-USDT | −0.0012% | 4h | 0.05504 | −14.799% | — | $6.7M | — | as long as short |
| Injective ZETA/USDC PERPlong | +0.0033% | 1h | 0.06460 | long leg | $1K | $1K | 5.5x |
Bitget ZETAUSDT
BingX ZETA-USDT