ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0157%/8h= −17.2% APRnext payment −$0.78 per $10,000 · paid last 24h −0.072%

Price spread now: OKX against MEXC+0.017%7-day average −0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$74as in the Funding arb table

Net, price: spread back to 7d avg − costs−$60as in the Price arb table

costs, in and out, $10k−$640.640% of the position

Long on MEXC Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.104%−$10 on $10k

Price spread, last 4 days (all we have)−0.059%−$6 · spread now +0.017%, 7d avg −0.019%

Together, before fees−0.162%−$16 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.036% dearer against MEXC than usual: you sell high and buy low (spread +0.017% now, against its 7-day average of −0.019%): +$4 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 19 hours. At the pace of the last 7 days (−0.104% in total) that is about 2.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ZETA_USDT	0.05762	−0.1800	get 0.0900% / 4h	1h 48m	$1.1M	$12.3M	50x
Short	OKX ZETA-USDT-SWAP	0.05763	−0.1957	pay 0.0978% / 4h	1h 48m	$1.1M	$51.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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

Position, each leg$Hold fordaysFee MEXCbpFee OKXbpOrdersPrice spread, now +0.017%Rate

Funding earned: −$32.96
Price spread: +0.017% → −0.019%: $3.64
Slippage, 4 orders: −$49.96
Fee MEXC: 2 bp × 2 orders: −$4
Fee OKX: 5 bp × 2 orders: −$10
Net: −$93.28
Costs to cover: 0.640%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; OKX: live order book, 1 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, 5 min ago	0.86 bp	6.0 bp −$6	42.8 bp −$428	118.3 bp −$11.8K	doesn't fit
Sell OKX live order book, 1 min ago	3.47 bp	21.7 bp −$22	94.7 bp −$947	doesn't fit	doesn't fit

ZETA on 12 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
KuCoin ZETAUSDTM	−0.2056%	4h	0.05763	+0.017%	$1.1M	$5.6M	20x	as long as short
OKX ZETA-USDT-SWAPshort	−0.1957%	4h	0.05763	+0.017%	$1.1M	$51.8M	20x
BingX ZETA-USDT	−0.1856%	4h	0.05773	+0.191%	—	$7.5M	—	as long as short
MEXC ZETA_USDTlong	−0.1800%	4h	0.05762	long leg	$1.1M	$12.3M	50x
Binance ZETAUSDT	−0.1798%	4h	0.05763	+0.019%	$8.0M	$347.1M	50x	as long as short
Kraken Futures PF_ZETAUSD	−0.1785%	1h	0.05765	+0.059%	$47K	$719K	10x	as long as short
Gate ZETA_USDT	−0.1738%	4h	0.05771	+0.156%	$588K	$10.6M	25x	as long as short
Variational Omni ZETA	−0.1460%	4h	0.05793	+0.544%	$112K	$758K	—	as long as short
Hyperliquid ZETA	−0.0971%	1h	0.05761	−0.017%	$1.6M	$4.0M	3x	as long as short
Bybit ZETAUSDT	−0.0936%	4h	0.05764	+0.035%	$5.1M	$89.6M	25x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective ZETA/USDC PERP	+0.0033%	1h	0.06460	+12.114%	$1K	$5K	5.5x	as long as short
Bitget ZETAUSDT	+0.0100%	4h	0.05764	+0.035%	$2.3M	$66.8M	50x	as long as short