Funding you earn now, next payment 08:00 UTC−0.0015%/8h= −1.7% APRnext payment −$0.08 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC−0.101%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$590.594% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days+0.115%+$11 · spread now −0.101%, 7d avg −0.003%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Binance is 0.098% cheaper against MEXC than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.003%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZETA_USDT | 0.05965 | −0.0532 | get 0.0266% / 4h | 2h 35m | $1.2M | $11.9M | 50x |
| Short | Binance ZETAUSDT | 0.05959 | −0.0547 | pay 0.0274% / 4h | 2h 35m | $8.2M | $342.9M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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
- −$3.2
- Price spread: −0.101% → −0.003%
- −$9.79
- Slippage, 4 orders
- −$45.43
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$72.42
- Costs to cover
- 0.594%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; Binance: 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 MEXC live order book, 2 min ago | 2.54 bp | 9.2 bp −$9 | 66.7 bp −$667 | 139.1 bp −$13.9K | doesn't fit |
| Sell Binance live order book, 8 min ago | 1.68 bp | 19.9 bp −$20 | 94.3 bp −$943 | 410.4 bp −$41.0K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZETAUSD | −0.2805% | 1h | 0.05937 | −0.461% | $56K | $722K | 10x | as long as short |
| Bybit ZETAUSDT | −0.2176% | 4h | 0.05960 | −0.084% | $5.1M | $89.8M | 25x | as long as short |
| Variational Omni ZETA | −0.1365% | 4h | 0.05949 | −0.267% | $112K | $691K | — | as long as short |
| Gate ZETA_USDT | −0.1256% | 4h | 0.05962 | −0.050% | $655K | $9.5M | 25x | as long as short |
| KuCoin ZETAUSDTM | −0.0560% | 4h | 0.05959 | −0.101% | $1.2M | $5.3M | 20x | as long as short |
| BloFin ZETA-USDT | −0.0555% | 4h | 0.05951 | −0.235% | $399K | $1.3M | 50x | as long as short |
| Binance ZETAUSDTshort | −0.0547% | 4h | 0.05959 | −0.101% | $8.2M | $342.9M | 50x | |
| MEXC ZETA_USDTlong | −0.0532% | 4h | 0.05965 | long leg | $1.2M | $11.9M | 50x | |
| OKX ZETA-USDT-SWAP | −0.0496% | 4h | 0.05951 | −0.235% | $1.2M | $50.2M | 20x | as long as short |
| Hyperliquid ZETA | −0.0250% | 1h | 0.05961 | −0.067% | $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 | +8.298% | $1K | $1K | 5.5x | as long as short |
| Bitget ZETAUSDT | +0.0100% | 4h | 0.05957 | −0.134% | $2.3M | $66.4M | 50x | as long as short |
| BingX ZETA-USDT | +0.0100% | 4h | 0.05960 | −0.084% | — | $7.8M | — | as long as short |
MEXC ZETA_USDT
Binance ZETAUSDT
Kraken Futures PF_ZETAUSD
Bybit ZETAUSDT
Variational Omni ZETA
Gate ZETA_USDT
KuCoin ZETAUSDTM
BloFin ZETA-USDT
OKX ZETA-USDT-SWAP
Hyperliquid ZETA
Injective ZETA/USDC PERP
Bitget ZETAUSDT
BingX ZETA-USDT