ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0135%/8h= −14.8% APRnext payment −$0.68 per $10,000 · paid last 24h +0.083%

Price spread now: MEXC against OKX+0.017%7-day average −0.007% · 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−$76as in the Price arb table

costs, in and out, $10k−$790.788% of the position

Long on OKX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.098%+$10 on $10k

Price spread, last 7 days−0.017%−$2 · spread now +0.017%, 7d avg −0.007%

Together, before fees+0.080%+$8 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.024% dearer against OKX than usual: you sell high and buy low (spread +0.017% now, against its 7-day average of −0.007%): +$2 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 14 hours. Mind the row above: over the last 7 days funding on this pair paid +0.098%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX ZETA-USDT-SWAP	0.05848	−0.0685	get 0.0342% / 4h	1h 39m	$1.2M	$45.8M	20x
Short	MEXC ZETA_USDT	0.05849	−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 OKX. 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 OKXbpFee MEXCbpOrdersPrice spread, now +0.017%Rate

Funding earned: −$28.39
Price spread: +0.017% → −0.007%: $2.36
Slippage, 4 orders: −$64.78
Fee OKX: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$104.8
Costs to cover: 0.788%
Break-even: never at this rate

Slippage from OKX: live order book, 4 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 OKX live order book, 4 min ago	5.11 bp	30.9 bp −$31	152.3 bp −$1,523	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	−0.3583%	1h	0.05839	−0.150%	$53K	$707K	10x	as long as short
Variational Omni ZETA	−0.1572%	4h	0.05836	−0.197%	$110K	$676K	—	as long as short
Bybit ZETAUSDT	−0.1417%	4h	0.05846	−0.034%	$4.9M	$84.6M	25x	as long as short
Gate ZETA_USDT	−0.1240%	4h	0.05853	+0.085%	$640K	$8.7M	25x	as long as short
BloFin ZETA-USDT	−0.0849%	4h	0.05836	−0.205%	$378K	$1.3M	50x	as long as short
Binance ZETAUSDT	−0.0821%	4h	0.05849	+0.022%	$7.8M	$321.0M	50x	as long as short
MEXC ZETA_USDTshort	−0.0820%	4h	0.05849	+0.017%	$1.2M	$10.8M	50x
KuCoin ZETAUSDTM	−0.0714%	4h	0.05854	+0.103%	$1.2M	$5.1M	20x	as long as short
OKX ZETA-USDT-SWAPlong	−0.0685%	4h	0.05848	long leg	$1.2M	$45.8M	20x
Hyperliquid ZETA	−0.0133%	1h	0.05845	−0.051%	$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	+10.465%	$1K	$1K	5.5x	as long as short
Bitget ZETAUSDT	+0.0100%	4h	0.05851	+0.051%	$2.3M	$61.9M	50x	as long as short
BingX ZETA-USDT	+0.0100%	4h	0.05847	−0.017%	—	$7.6M	—	as long as short