Funding you earn now, next payment 00:00 UTC+0.0036%/8h= +3.9% APRnext payment +$0.18 per $10,000 · paid last 24h +0.002%
Price spread now: BloFin against Binance+0.280%61s7-day average −0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$660.657% of the position
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 3 days (all we have)−0.034%−$3 · spread now +0.280%, 7d avg −0.061%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.342% dearer against Binance than usual: you sell high and buy low: +$34 more if the spread goes back to its 7-day average of −0.061%. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZETAUSDT | 0.05986 | −0.0887 | get 0.0443% / 4h | 42m 13s | $8.5M | $308.7M | 50x |
| Short | BloFin ZETA-USDT | 0.06003 | −0.0851 | pay 0.0425% / 4h | 42m 13s | $415K | $1.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $7.47
- Price spread: +0.280% → −0.061%
- $34.18
- Slippage, 4 orders
- −$43.71
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$24.05
- Costs to cover
- 0.657%
- Break-even
- 29.5 days
Slippage from Binance: live order book, 1 min ago; BloFin: live order book, 5 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, 1 min ago | 0.83 bp | 16.1 bp −$16 | 55.4 bp −$554 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 5 min ago | 3.34 bp | 20.2 bp −$20 | 51.8 bp −$518 | doesn't fit | doesn't fit |
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 | −0.1386% | 4h | 0.05983 | −0.054% | $626K | $9.5M | 25x | as long as short |
| Binance ZETAUSDTlong | −0.0887% | 4h | 0.05986 | long leg | $8.5M | $308.7M | 50x | |
| MEXC ZETA_USDT | −0.0886% | 4h | 0.05986 | −0.004% | $1.4M | $11.7M | 50x | as long as short |
| BloFin ZETA-USDTshort | −0.0851% | 4h | 0.06003 | +0.280% | $415K | $1.0M | 50x | |
| BingX ZETA-USDT | −0.0832% | 4h | 0.05975 | −0.187% | — | $6.8M | — | as long as short |
| OKX ZETA-USDT-SWAP | −0.0820% | 4h | 0.05978 | −0.137% | $1.2M | $46.7M | 20x | as long as short |
| Variational Omni ZETA | −0.0662% | 4h | 0.05990 | +0.059% | $137K | $712K | — | as long as short |
| KuCoin ZETAUSDTM | −0.0642% | 4h | 0.05991 | +0.080% | $1.1M | $5.2M | 20x | as long as short |
| Bybit ZETAUSDT | −0.0434% | 4h | 0.05970 | −0.271% | $5.3M | $79.4M | 25x | as long as short |
| Hyperliquid ZETA | −0.0275% | 1h | 0.05985 | −0.020% | $1.7M | $3.8M | 3x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZETAUSD | −0.0187% | 1h | 0.05983 | −0.060% | $68K | $645K | 10x | as long as short |
| Injective ZETA/USDC PERP | +0.0033% | 1h | 0.06460 | +7.915% | $1K | $5K | 5.5x | as long as short |
| Bitget ZETAUSDT | +0.0100% | 4h | 0.05982 | −0.070% | $2.3M | $58.5M | 50x | as long as short |
Binance ZETAUSDT
BloFin ZETA-USDT
Gate ZETA_USDT
MEXC ZETA_USDT
BingX ZETA-USDT
OKX ZETA-USDT-SWAP
Variational Omni ZETA
KuCoin ZETAUSDTM
Bybit ZETAUSDT
Hyperliquid ZETA
Kraken Futures PF_ZETAUSD
Injective ZETA/USDC PERP
Bitget ZETAUSDT