Funding you earn now, next payment 08:00 UTC+0.0542%/8h= +59.4% APRnext payment +$2.71 per $10,000 · paid last 24h +0.021%
Price spread now: BingX against Binance+0.218%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$700.697% of the position
Funding, last 7 days−0.034%−$3 on $10k
+Price spread, last 7 days−0.223%−$22 · spread now +0.218%, 7d avg +0.006%
=Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and BingX is 0.212% dearer against Binance than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of +0.006%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.034% in total (about -1.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.71 per $10,000. 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 | Binance ZETAUSDT | 0.05970 | −0.0442 | get 0.0221% / 4h | 3h 19m | $8.2M | $356.9M | 50x |
| Short | BingX ZETA-USDT | 0.05983 | 0.0100 | get 0.0050% / 4h | 3h 19m | — | $7.9M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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
- $113.87
- Price spread: +0.218% → +0.006%
- $21.19
- Slippage, 4 orders
- −$49.66
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $65.41
- Costs to cover
- 0.697%
- Break-even
- 3.0 days
Slippage from Binance: live order book, 9 min ago; BingX: live order book, 3 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 Binance live order book, 9 min ago | 2.53 bp | 15.0 bp −$15 | 72.1 bp −$721 | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 2.51 bp | 21.1 bp −$21 | 62.0 bp −$620 | 316.7 bp −$31.7K | 737.2 bp −$368.6K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ZETA_USDT | −0.1142% | 4h | 0.05978 | +0.134% | $625K | $10.0M | 25x | as long as short |
| Variational Omni ZETA | −0.0878% | 4h | 0.05983 | +0.217% | $113K | $727K | — | as long as short |
| Bybit ZETAUSDT | −0.0784% | 4h | 0.05961 | −0.151% | $5.0M | $92.7M | 25x | as long as short |
| Kraken Futures PF_ZETAUSD | −0.0678% | 1h | 0.05980 | +0.162% | $53K | $732K | 10x | as long as short |
| KuCoin ZETAUSDTM | −0.0540% | 4h | 0.05975 | +0.084% | $1.2M | $5.7M | 20x | as long as short |
| OKX ZETA-USDT-SWAP | −0.0532% | 4h | 0.05963 | −0.117% | $1.2M | $53.0M | 20x | as long as short |
| BloFin ZETA-USDT | −0.0494% | 4h | 0.05983 | +0.218% | $389K | $1.4M | 50x | as long as short |
| MEXC ZETA_USDT | −0.0446% | 4h | 0.05978 | +0.134% | $1.2M | $12.9M | 50x | as long as short |
| Binance ZETAUSDTlong | −0.0442% | 4h | 0.05970 | long leg | $8.2M | $356.9M | 50x | |
| Injective ZETA/USDC PERP | +0.0033% | 1h | 0.06460 | +8.208% | $1K | $1K | 5.5x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid ZETA | +0.0100% | 1h | 0.05982 | +0.201% | $1.7M | $3.7M | 3x | as long as short |
| Bitget ZETAUSDT | +0.0100% | 4h | 0.05969 | −0.017% | $2.3M | $69.1M | 50x | as long as short |
| BingX ZETA-USDTshort | +0.0100% | 4h | 0.05983 | +0.218% | — | $7.9M | — |
Binance ZETAUSDT
BingX ZETA-USDT
Gate ZETA_USDT
Variational Omni ZETA
Bybit ZETAUSDT
Kraken Futures PF_ZETAUSD
KuCoin ZETAUSDTM
OKX ZETA-USDT-SWAP
BloFin ZETA-USDT
MEXC ZETA_USDT
Injective ZETA/USDC PERP
Hyperliquid ZETA
Bitget ZETAUSDT