Funding you earn now, next payment 01:00 UTC+0.1857%/8h= +203.4% APRpaid last 24h +0.203%
Price spread now: Injective against MEXC+9.995%115s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.078%+$8 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$56 a day on $10k at the current rate, and Injective is 9.995% dearer against MEXC than usual: you sell high and buy low: +$999 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 115 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.078% in total (about 4.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZETA_USDT | 0.05873 | −0.1824 | get 0.0912% / 4h | 3h 37m | $1.2M | $12.0M | 50x |
| Short | Injective ZETA/USDC PERP | 0.06460 | 0.0033 | get 0.0004% / 1h | 37m 28s | $1K | $5K | 5.5x |
MEXC ZETA_USDT
Injective ZETA/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $390.04
- Price spread: +9.995% → 0.000%
- $999.49
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $1,385.51
- Costs to cover
- 0.040%
- Break-even
- from the start
Slippage unknown: MEXC: live order book, 6 min ago; Injective: no order-book sample. 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 MEXC live order book, 6 min ago | 2.63 bp | 8.6 bp −$9 | 55.8 bp −$558 | 121.3 bp −$12.1K | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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 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 | −0.2800% | 1h | 0.05816 | −0.969% | $50K | $701K | 10x | as long as short |
| BloFin ZETA-USDT | −0.1866% | 4h | 0.05739 | −2.282% | $360K | $1.1M | 50x | as long as short |
| Binance ZETAUSDT | −0.1830% | 4h | 0.05887 | +0.238% | $7.9M | $325.5M | 50x | as long as short |
| MEXC ZETA_USDTlong | −0.1824% | 4h | 0.05873 | long leg | $1.2M | $12.0M | 50x | |
| BingX ZETA-USDT | −0.1718% | 4h | 0.05889 | +0.272% | — | $7.1M | — | as long as short |
| OKX ZETA-USDT-SWAP | −0.1637% | 4h | 0.05855 | −0.306% | $1.1M | $49.2M | 20x | as long as short |
| Gate ZETA_USDT | −0.1544% | 4h | 0.05866 | −0.119% | $581K | $10.0M | 25x | as long as short |
| KuCoin ZETAUSDTM | −0.1522% | 4h | 0.05875 | +0.034% | $1.1M | $5.4M | 20x | as long as short |
| Variational Omni ZETA | −0.1242% | 4h | 0.05755 | −2.016% | $107K | $741K | — | as long as short |
| Bybit ZETAUSDT | −0.0998% | 4h | 0.05879 | +0.102% | $5.2M | $84.1M | 25x | as long as short |
Kraken Futures PF_ZETAUSD
BloFin ZETA-USDT
Binance ZETAUSDT
BingX ZETA-USDT
OKX ZETA-USDT-SWAP
Gate ZETA_USDT
KuCoin ZETAUSDTM
Variational Omni ZETA
Bybit ZETAUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid ZETA | −0.0585% | 1h | 0.05868 | −0.085% | $1.6M | $3.9M | 3x | as long as short |
| Injective ZETA/USDC PERPshort | +0.0033% | 1h | 0.06460 | +9.995% | $1K | $5K | 5.5x | |
| Bitget ZETAUSDT | +0.0100% | 4h | 0.05864 | −0.153% | $2.1M | $62.3M | 50x | as long as short |
Hyperliquid ZETA
Bitget ZETAUSDT