ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0406%/8h= +44.5% APRnext payment +$2.03 per $10,000 · paid last 24h −0.008%

Price spread now: KuCoin against MEXC+0.269%7-day average +0.104% · you sell dearer than you buy

Net, funding: paid 7d − costs−$141as in the Funding arb table

Net, price: spread back to 7d avg − costs−$117as in the Price arb table

costs, in and out, $10k−$1341.339% of the position

Long on MEXC Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.072%−$7 on $10k

Price spread, last 7 days−0.168%−$17 · spread now +0.269%, 7d avg +0.104%

Together, before fees−0.240%−$24 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and KuCoin is 0.165% dearer against MEXC than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.104%. Mind the row above: over the last 7 days funding on this pair cost −0.072%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.072% in total (about -3.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.03 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ZETA_USDT	0.05578	−0.0992	get 0.0496% / 4h	1h 06m	$1.2M	$8.0M	50x
Short	KuCoin ZETAUSDTM	0.05593	−0.0586	pay 0.0293% / 4h	1h 06m	$935K	$3.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.269%Rate

Funding earned: $85.26
Price spread: +0.269% → +0.104%: $16.46
Slippage, 4 orders: −$117.92
Fee MEXC: 2 bp × 2 orders: −$4
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$32.19
Costs to cover: 1.339%
Break-even: 9.6 days

Slippage from MEXC: live order book, 4 min ago; KuCoin: live order book, 4 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	0.90 bp	6.1 bp −$6	52.7 bp −$527	122.2 bp −$12.2K	doesn't fit
Sell KuCoin live order book, 4 min ago	9.87 bp	49.8 bp −$50	doesn't fit	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	−0.2127%	1h	0.05581	+0.047%	$55K	$508K	10x	as long as short
Variational Omni ZETA	−0.1523%	4h	0.05572	−0.106%	$119K	$403K	—	as long as short
Gate ZETA_USDT	−0.1040%	4h	0.05587	+0.161%	$513K	$6.1M	25x	as long as short
BloFin ZETA-USDT	−0.0998%	4h	0.05575	−0.054%	$323K	$1.0M	50x	as long as short
Binance ZETAUSDT	−0.0992%	4h	0.05576	−0.029%	$6.8M	$238.0M	50x	as long as short
MEXC ZETA_USDTlong	−0.0992%	4h	0.05578	long leg	$1.2M	$8.0M	50x
Bybit ZETAUSDT	−0.0981%	4h	0.05579	+0.018%	$4.3M	$64.2M	25x	as long as short
OKX ZETA-USDT-SWAP	−0.0607%	4h	0.05578	0.000%	$990K	$32.5M	20x	as long as short
KuCoin ZETAUSDTMshort	−0.0586%	4h	0.05593	+0.269%	$935K	$3.6M	20x
Hyperliquid ZETA	−0.0485%	1h	0.05580	+0.036%	$1.5M	$2.8M	3x	as long as short

Show all 13 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget ZETAUSDT	−0.0260%	4h	0.05585	+0.125%	$2.1M	$48.0M	50x	as long as short
BingX ZETA-USDT	−0.0170%	4h	0.05584	+0.108%	—	$6.5M	—	as long as short
Injective ZETA/USDC PERP	+0.0033%	1h	0.06460	+15.812%	$1K	$1K	5.5x	as long as short