Settings8H · net · $10k
Funding arb · Price arb /

ZETA

all ZETA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.02 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against MEXC−0.136%7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$680.678% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.015%+$1 on $10k
Price spread, last 4 days (all we have)+0.313%+$31 · spread now −0.136%, 7d avg −0.074%
Together, before fees+0.328%+$33 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.062% cheaper against MEXC than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.074%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ZETA_USDT0.05868−0.0820get 0.0410% / 4h1h 38m$1.2M$10.8M50x
ShortBloFin ZETA-USDT0.05860−0.0816pay 0.0408% / 4h1h 38m$380K$1.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0.74
Price spread: −0.136% → −0.074%
−$6.24
Slippage, 4 orders
−$51.77
Fee MEXC: 2 bp × 2 orders
−$4
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$73.28
Costs to cover
0.678%
Break-even
704.0 days
Slippage from MEXC: live order book, 4 min ago; BloFin: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 4 min ago2.56 bp8.7 bp −$966.3 bp −$663122.5 bp −$12.3Kdoesn't fit
Sell BloFin live order book, 4 min ago6.02 bp25.6 bp −$2644.9 bp −$449doesn't fitdoesn't fit

ZETA on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZETAUSD−0.3572%1h0.05857−0.195%$53K$701K10xas long as short
Variational Omni ZETA−0.1572%4h0.05836−0.537%$110K$676Kas long as short
Bybit ZETAUSDT−0.1399%4h0.05872+0.068%$5.0M$84.5M25xas long as short
Gate ZETA_USDT−0.1276%4h0.05871+0.051%$641K$8.7M25xas long as short
Binance ZETAUSDT−0.0829%4h0.058680.000%$7.8M$320.7M50xas long as short
MEXC ZETA_USDTlong−0.0820%4h0.05868long leg$1.2M$10.8M50x
BloFin ZETA-USDTshort−0.0816%4h0.05860−0.136%$380K$1.3M50x
KuCoin ZETAUSDTM−0.0708%4h0.05878+0.170%$1.1M$5.1M20xas long as short
OKX ZETA-USDT-SWAP−0.0703%4h0.05866−0.034%$1.2M$45.9M20xas long as short
Hyperliquid ZETA−0.0116%1h0.058680.000%$1.6M$3.4M3xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ZETA/USDC PERP+0.0033%1h0.06460+10.089%$1K$1K5.5xas long as short
Bitget ZETAUSDT+0.0100%4h0.05876+0.136%$2.4M$62.0M50xas long as short
BingX ZETA-USDT+0.0100%4h0.05874+0.102%$7.6Mas long as short