ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0122%/8h= +13.4% APRnext payment +$0.61 per $10,000 · paid last 24h −0.019%

Price spread now: BingX against MEXC−0.069%7-day average 0.000% · you buy dearer than you sell

Net, funding: paid 7d − costs−$62as in the Funding arb table

Net, price: spread back to 7d avg − costs−$62as in the Price arb table

costs, in and out, $10k−$560.555% of the position

Long on MEXC Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.068%−$7 on $10k

Price spread, last 4 days (all we have)+0.069%+$7 · spread now −0.069%, 7d avg 0.000%

Together, before fees+0.001%$0 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.069% cheaper against MEXC than usual: you would sell low and buy high (spread −0.069% now, against its 7-day average of 0.000%). If the spread goes back, that is −$7 on $10k: about 46 hours of funding at the current rate (+$4 a day). Mind the row above: over the last 7 days funding on this pair cost −0.068%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ZETA_USDT	0.05799	−0.1814	get 0.0907% / 4h	3h 38m	$1.3M	$12.0M	50x
Short	BingX ZETA-USDT	0.05795	−0.1692	pay 0.0846% / 4h	3h 38m	—	$7.1M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against MEXC. 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

Position, each leg$Hold fordaysFee MEXCbpFee BingXbpOrdersPrice spread, now −0.069%Rate

Funding earned: $25.62
Price spread: −0.069% → 0.000%: −$6.95
Slippage, 4 orders: −$41.54
Fee MEXC: 2 bp × 2 orders: −$4
Fee BingX: 5 bp × 2 orders: −$10
Net: −$36.87
Costs to cover: 0.555%
Break-even: 17.1 days

Slippage from MEXC: live order book, 5 min ago; BingX: live order book, 9 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, 5 min ago	2.63 bp	8.6 bp −$9	55.8 bp −$558	121.3 bp −$12.1K	doesn't fit
Sell BingX live order book, 9 min ago	4.39 bp	17.8 bp −$18	48.2 bp −$482	368.3 bp −$36.8K	733.5 bp −$366.8K

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	−0.2828%	1h	0.05759	−0.688%	$49K	$701K	10x	as long as short
BloFin ZETA-USDT	−0.1866%	4h	0.05739	−1.035%	$360K	$1.1M	50x	as long as short
Binance ZETAUSDT	−0.1825%	4h	0.05796	−0.044%	$7.8M	$325.0M	50x	as long as short
MEXC ZETA_USDTlong	−0.1814%	4h	0.05799	long leg	$1.3M	$12.0M	50x
BingX ZETA-USDTshort	−0.1692%	4h	0.05795	−0.069%	—	$7.1M	—
Gate ZETA_USDT	−0.1642%	4h	0.05789	−0.172%	$567K	$10.0M	25x	as long as short
OKX ZETA-USDT-SWAP	−0.1593%	4h	0.05798	−0.017%	$1.1M	$48.7M	20x	as long as short
KuCoin ZETAUSDTM	−0.1516%	4h	0.05820	+0.362%	$1.1M	$5.4M	20x	as long as short
Variational Omni ZETA	−0.1242%	4h	0.05755	−0.766%	$107K	$741K	—	as long as short
Bybit ZETAUSDT	−0.0778%	4h	0.05788	−0.190%	$5.1M	$84.0M	25x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ZETA	−0.0633%	1h	0.05815	+0.276%	$1.6M	$3.9M	3x	as long as short
Injective ZETA/USDC PERP	+0.0033%	1h	0.06460	+11.399%	$1K	$5K	5.5x	as long as short
Bitget ZETAUSDT	+0.0100%	4h	0.05800	+0.017%	$2.1M	$62.2M	50x	as long as short