Funding you earn now, next payment 12:00 UTC+0.0046%/8h= +5.1% APRnext payment +$0.23 per $10,000 · paid last 24h +0.028%
Price spread now: Bybit against MEXC−0.093%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$650.645% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days+0.155%+$16 · spread now −0.093%, 7d avg −0.009%
=Funding pays, the price is against you. Bybit is 0.083% cheaper against MEXC than usual: you would sell low and buy high (spread −0.093% now, against its 7-day average of −0.009%). If the spread goes back, that is −$8 on $10k: about 6.0 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZETA_USDT | 0.05405 | −0.0936 | get 0.0468% / 4h | 11m 26s | $1.1M | $7.3M | 50x |
| Short | Bybit ZETAUSDT | 0.05400 | −0.0890 | pay 0.0445% / 4h | 11m 26s | $4.2M | $62.0M | 25x |
MEXC ZETA_USDT
Bybit ZETAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $9.76
- Price spread: −0.093% → −0.009%
- −$8.34
- Slippage, 4 orders
- −$49.53
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$63.11
- Costs to cover
- 0.645%
- Break-even
- 52.3 days
Slippage from MEXC: live order book, 4 min ago; Bybit: live order book, 6 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, 4 min ago | 1.84 bp | 8.4 bp −$8 | 38.9 bp −$389 | 122.8 bp −$12.3K | doesn't fit |
| Sell Bybit live order book, 6 min ago | 0.92 bp | 23.9 bp −$24 | 120.3 bp −$1,203 | doesn't fit | doesn't fit |
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 | −0.3236% | 1h | 0.05411 | +0.107% | $53K | $472K | 10x | as long as short |
| Variational Omni ZETA | −0.1493% | 4h | 0.05418 | +0.249% | $99K | $395K | — | as long as short |
| Gate ZETA_USDT | −0.1018% | 4h | 0.05403 | −0.037% | $492K | $5.9M | 25x | as long as short |
| BloFin ZETA-USDT | −0.0991% | 4h | 0.05425 | +0.370% | $307K | $966K | 50x | as long as short |
| Binance ZETAUSDT | −0.0938% | 4h | 0.05403 | −0.037% | $6.4M | $230.3M | 50x | as long as short |
| MEXC ZETA_USDTlong | −0.0936% | 4h | 0.05405 | long leg | $1.1M | $7.3M | 50x | |
| Bybit ZETAUSDTshort | −0.0890% | 4h | 0.05400 | −0.093% | $4.2M | $62.0M | 25x | |
| KuCoin ZETAUSDTM | −0.0646% | 4h | 0.05413 | +0.148% | $782K | $3.5M | 20x | as long as short |
| OKX ZETA-USDT-SWAP | −0.0535% | 4h | 0.05397 | −0.148% | $987K | $30.3M | 20x | as long as short |
| Bitget ZETAUSDT | −0.0346% | 4h | 0.05408 | +0.056% | $2.0M | $46.1M | 50x | as long as short |
Kraken Futures PF_ZETAUSD
Variational Omni ZETA
Gate ZETA_USDT
BloFin ZETA-USDT
Binance ZETAUSDT
KuCoin ZETAUSDTM
OKX ZETA-USDT-SWAP
Bitget ZETAUSDTShow all 13 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ZETA-USDT | −0.0246% | 4h | 0.05404 | −0.019% | — | $6.3M | — | as long as short |
| Hyperliquid ZETA | −0.0076% | 1h | 0.05403 | −0.037% | $1.4M | $2.8M | 3x | as long as short |
| Injective ZETA/USDC PERP | +0.0033% | 1h | 0.06460 | +19.519% | $1K | $1K | 5.5x | as long as short |
BingX ZETA-USDT
Hyperliquid ZETA
Injective ZETA/USDC PERP