Funding you earn now, next payment 08:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.112%
Price spread now: BingX against Injective−8.715%57s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.146%−$15 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. BingX is 8.715% cheaper against Injective than usual: you would sell low and buy high (spread −8.715% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$872 on $10k: about 15 months of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.146%, so the current rate has only just turned in your favour. The two prices were read 57 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 | Injective ZETA/USDC PERP | 0.06460 | 0.0033 | pay 0.0004% / 1h | 52m 18s | $1K | $1K | 5.5x |
| Short | BingX ZETA-USDT | 0.05897 | 0.0100 | get 0.0050% / 4h | 52m 18s | — | $7.4M | — |
Injective ZETA/USDC PERP
BingX ZETA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Injective. 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
- $14
- Price spread: −8.715% → 0.000%
- −$871.52
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$867.54
- Costs to cover
- 0.100%
- Break-even
- 440.8 days
Slippage unknown: Injective: no order-book sample; BingX: live order book, just now. 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 Injective no order-book sample | — | — | — | — | — |
| Sell BingX live order book, just now | 2.55 bp | 21.0 bp −$21 | 71.3 bp −$713 | 351.2 bp −$35.1K | 752.7 bp −$376.4K |
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 | −0.3018% | 1h | 0.05903 | −8.617% | $53K | $654K | 10x | as long as short |
| Variational Omni ZETA | −0.1629% | 4h | 0.05841 | −9.576% | $120K | $663K | — | as long as short |
| Gate ZETA_USDT | −0.1406% | 4h | 0.05899 | −8.684% | $621K | $8.1M | 25x | as long as short |
| Bybit ZETAUSDT | −0.1229% | 4h | 0.05902 | −8.638% | $5.0M | $80.7M | 25x | as long as short |
| Binance ZETAUSDT | −0.1161% | 4h | 0.05903 | −8.623% | $7.8M | $304.1M | 50x | as long as short |
| BloFin ZETA-USDT | −0.1156% | 4h | 0.05899 | −8.684% | $377K | $1.2M | 50x | as long as short |
| MEXC ZETA_USDT | −0.1154% | 4h | 0.05904 | −8.607% | $1.3M | $10.2M | 50x | as long as short |
| KuCoin ZETAUSDTM | −0.0862% | 4h | 0.05900 | −8.669% | $1.0M | $4.6M | 20x | as long as short |
| OKX ZETA-USDT-SWAP | −0.0845% | 4h | 0.05902 | −8.638% | $1.2M | $43.6M | 20x | as long as short |
| Hyperliquid ZETA | −0.0452% | 1h | 0.05901 | −8.653% | $1.6M | $3.2M | 3x | as long as short |
Kraken Futures PF_ZETAUSD
Variational Omni ZETA
Gate ZETA_USDT
Bybit ZETAUSDT
Binance ZETAUSDT
BloFin ZETA-USDT
MEXC ZETA_USDT
KuCoin ZETAUSDTM
OKX ZETA-USDT-SWAP
Hyperliquid ZETAShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective ZETA/USDC PERPlong | +0.0033% | 1h | 0.06460 | long leg | $1K | $1K | 5.5x | |
| Bitget ZETAUSDT | +0.0100% | 4h | 0.05909 | −8.529% | $2.4M | $58.7M | 50x | as long as short |
| BingX ZETA-USDTshort | +0.0100% | 4h | 0.05897 | −8.715% | — | $7.4M | — |
Bitget ZETAUSDT