Funding you earn now, next payment 12:00 UTC−0.0003%/8h= −0.3% APRnext payment −$0.02 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC−0.019%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$540.541% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days+0.019%+$2 · spread now −0.019%, 7d avg −0.004%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZETA_USDT | 0.05863 | −0.1044 | get 0.0522% / 4h | 3h 21m | $1.2M | $9.8M | 50x |
| Short | Binance ZETAUSDT | 0.05862 | −0.1047 | pay 0.0524% / 4h | 3h 21m | $7.6M | $284.7M | 50x |
MEXC ZETA_USDT
Binance ZETAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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
- −$0.66
- Price spread: −0.019% → −0.004%
- −$1.49
- Slippage, 4 orders
- −$40.09
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$56.25
- Costs to cover
- 0.541%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; Binance: live order book, 7 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, 2 min ago | 0.86 bp | 5.3 bp −$5 | 24.4 bp −$244 | 118.8 bp −$11.9K | doesn't fit |
| Sell Binance live order book, 7 min ago | 0.86 bp | 21.8 bp −$22 | 101.7 bp −$1,017 | 454.8 bp −$45.5K | 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 | −0.3652% | 1h | 0.05865 | +0.040% | $56K | $599K | 10x | as long as short |
| Bybit ZETAUSDT | −0.2046% | 4h | 0.05861 | −0.034% | $4.8M | $76.4M | 25x | as long as short |
| Gate ZETA_USDT | −0.1898% | 4h | 0.05868 | +0.085% | $588K | $7.1M | 25x | as long as short |
| Variational Omni ZETA | −0.1775% | 4h | 0.05842 | −0.361% | $121K | $565K | — | as long as short |
| Binance ZETAUSDTshort | −0.1047% | 4h | 0.05862 | −0.019% | $7.6M | $284.7M | 50x | |
| MEXC ZETA_USDTlong | −0.1044% | 4h | 0.05863 | long leg | $1.2M | $9.8M | 50x | |
| BloFin ZETA-USDT | −0.0996% | 4h | 0.05863 | 0.000% | $356K | $1.2M | 50x | as long as short |
| OKX ZETA-USDT-SWAP | −0.0784% | 4h | 0.05853 | −0.171% | $1.1M | $40.5M | 20x | as long as short |
| KuCoin ZETAUSDTM | −0.0646% | 4h | 0.05865 | +0.034% | $974K | $4.4M | 20x | as long as short |
| Hyperliquid ZETA | −0.0198% | 1h | 0.05856 | −0.119% | $1.6M | $2.9M | 3x | as long as short |
Kraken Futures PF_ZETAUSD
Bybit ZETAUSDT
Gate ZETA_USDT
Variational Omni ZETA
BloFin ZETA-USDT
OKX ZETA-USDT-SWAP
KuCoin ZETAUSDTM
Hyperliquid ZETAShow 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 | +10.183% | $1K | $1K | 5.5x | as long as short |
| Bitget ZETAUSDT | +0.0100% | 4h | 0.05867 | +0.068% | $2.5M | $56.2M | 50x | as long as short |
| BingX ZETA-USDT | +0.0100% | 4h | 0.05870 | +0.119% | — | $7.2M | — | as long as short |
Injective ZETA/USDC PERP
Bitget ZETAUSDT
BingX ZETA-USDT