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+0.0040%/8h= +4.4% APRnext payment +$0.20 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against MEXC+0.136%7-day average −0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$530.529% 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)+0.092%+$9 · spread now +0.136%, 7d avg −0.060%
Together, before fees+0.100%+$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.196% dearer against MEXC than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of −0.060%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ZETA_USDT0.05876−0.1018get 0.0509% / 4h25m 12s$1.4M$11.7M50x
ShortBloFin ZETA-USDT0.05884−0.0978pay 0.0489% / 4h25m 12s$408K$1.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$8.48
Price spread: +0.136% → −0.060%
$19.64
Slippage, 4 orders
−$36.86
Fee MEXC: 2 bp × 2 orders
−$4
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$24.75
Costs to cover
0.529%
Break-even
27.4 days
Slippage from MEXC: live order book, 3 min ago; BloFin: live order book, 2 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 MEXC live order book, 3 min ago1.70 bp7.5 bp −$850.8 bp −$508138.0 bp −$13.8Kdoesn't fit
Sell BloFin live order book, 2 min ago8.55 bp18.2 bp −$1843.6 bp −$436doesn't fitdoesn'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−0.1442%4h0.05874−0.034%$583K$9.6M25xas long as short
Binance ZETAUSDT−0.1024%4h0.05878+0.030%$8.2M$310.7M50xas long as short
MEXC ZETA_USDTlong−0.1018%4h0.05876long leg$1.4M$11.7M50x
BloFin ZETA-USDTshort−0.0978%4h0.05884+0.136%$408K$1.0M50x
OKX ZETA-USDT-SWAP−0.0945%4h0.05874−0.034%$1.1M$46.3M20xas long as short
BingX ZETA-USDT−0.0930%4h0.05874−0.034%$6.8Mas long as short
KuCoin ZETAUSDTM−0.0774%4h0.05891+0.255%$1.1M$5.2M20xas long as short
Variational Omni ZETA−0.0751%4h0.05847−0.496%$135K$712Kas long as short
Bybit ZETAUSDT−0.0499%4h0.05870−0.102%$5.0M$80.0M25xas long as short
Hyperliquid ZETA−0.0296%1h0.05877+0.017%$1.7M$3.8M3xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZETAUSD−0.0191%1h0.05870−0.102%$63K$650K10xas long as short
Injective ZETA/USDC PERP+0.0033%1h0.06460+9.939%$1K$5K5.5xas long as short
Bitget ZETAUSDT+0.0100%4h0.05880+0.068%$2.2M$59.0M50xas long as short