Funding you earn now, next payment 08:00 UTC+0.0029%/8h= +3.2% APRnext payment +$0.15 per $10,000 · paid last 24h −0.001%
Price spread now: MEXC against BloFin+0.446%109s7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as 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−$680.678% of the position
Funding, last 7 days−0.015%−$1 on $10k
+Price spread, last 4 days (all we have)−0.622%−$62 · spread now +0.446%, 7d avg +0.074%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and MEXC is 0.372% dearer against BloFin than usual: you sell high and buy low: +$37 more if the spread goes back to its 7-day average of +0.074%. The two prices were read 109 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 | BloFin ZETA-USDT | 0.05836 | −0.0849 | get 0.0425% / 4h | 1h 39m | $378K | $1.3M | 50x |
| Short | MEXC ZETA_USDT | 0.05862 | −0.0820 | pay 0.0410% / 4h | 1h 39m | $1.2M | $10.8M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against BloFin. 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
- $6.14
- Price spread: +0.446% → +0.074%
- $37.16
- Slippage, 4 orders
- −$51.77
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$24.48
- Costs to cover
- 0.678%
- Break-even
- 34.9 days
Slippage from BloFin: live order book, 3 min ago; MEXC: 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 BloFin live order book, 3 min ago | 6.02 bp | 23.7 bp −$24 | 85.9 bp −$859 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 2.56 bp | 9.8 bp −$10 | 73.2 bp −$732 | 121.2 bp −$12.1K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZETAUSD | −0.3572% | 1h | 0.05857 | +0.352% | $53K | $701K | 10x | as long as short |
| Variational Omni ZETA | −0.1572% | 4h | 0.05836 | +0.008% | $110K | $676K | — | as long as short |
| Bybit ZETAUSDT | −0.1399% | 4h | 0.05860 | +0.411% | $5.0M | $84.5M | 25x | as long as short |
| Gate ZETA_USDT | −0.1248% | 4h | 0.05867 | +0.531% | $640K | $8.7M | 25x | as long as short |
| BloFin ZETA-USDTlong | −0.0849% | 4h | 0.05836 | long leg | $378K | $1.3M | 50x | |
| Binance ZETAUSDT | −0.0821% | 4h | 0.05860 | +0.411% | $7.8M | $320.9M | 50x | as long as short |
| MEXC ZETA_USDTshort | −0.0820% | 4h | 0.05862 | +0.446% | $1.2M | $10.8M | 50x | |
| KuCoin ZETAUSDTM | −0.0708% | 4h | 0.05876 | +0.685% | $1.2M | $5.1M | 20x | as long as short |
| OKX ZETA-USDT-SWAP | −0.0691% | 4h | 0.05860 | +0.411% | $1.2M | $45.9M | 20x | as long as short |
| Hyperliquid ZETA | −0.0123% | 1h | 0.05850 | +0.240% | $1.6M | $3.4M | 3x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective ZETA/USDC PERP | +0.0033% | 1h | 0.06460 | +10.692% | $1K | $1K | 5.5x | as long as short |
| Bitget ZETAUSDT | +0.0100% | 4h | 0.05867 | +0.531% | $2.3M | $62.0M | 50x | as long as short |
| BingX ZETA-USDT | +0.0100% | 4h | 0.05862 | +0.446% | — | $7.6M | — | as long as short |
BloFin ZETA-USDT
MEXC ZETA_USDT
Kraken Futures PF_ZETAUSD
Variational Omni ZETA
Bybit ZETAUSDT
Gate ZETA_USDT
Binance ZETAUSDT
KuCoin ZETAUSDTM
OKX ZETA-USDT-SWAP
Hyperliquid ZETA
Injective ZETA/USDC PERP
Bitget ZETAUSDT
BingX ZETA-USDT