Funding you earn now, next payment 04:00 UTC+0.1700%/8h= +186.1% APRnext payment +$8.50 per $10,000 · paid last 24h −0.019%
Price spread now: BingX against Binance+0.288%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$730.730% of the position
Funding, last 7 days−0.069%−$7 on $10k
+Price spread, last 7 days−0.269%−$27 · spread now +0.288%, 7d avg +0.010%
=Both sides work for this trade now. Funding pays +$51 a day on $10k at the current rate, and BingX is 0.278% dearer against Binance than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of +0.010%. Mind the row above: over the last 7 days funding on this pair cost −0.069%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.069% in total (about -3.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$8.50 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZETAUSDT | 0.06397 | −0.1600 | get 0.0800% / 4h | 1h 07m | $9.1M | $359.0M | 50x |
| Short | BingX ZETA-USDT | 0.06415 | 0.0100 | get 0.0050% / 4h | 1h 07m | — | $7.8M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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
- $356.92
- Price spread: +0.288% → +0.010%
- $27.83
- Slippage, 4 orders
- −$52.98
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $311.77
- Costs to cover
- 0.730%
- Break-even
- 0.9 days
Slippage from Binance: live order book, 7 min ago; BingX: 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 Binance live order book, 7 min ago | 0.77 bp | 17.1 bp −$17 | 87.2 bp −$872 | 392.5 bp −$39.2K | doesn't fit |
| Sell BingX live order book, 1 min ago | 3.89 bp | 21.0 bp −$21 | 49.4 bp −$494 | 380.5 bp −$38.1K | 737.6 bp −$368.8K |
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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZETAUSDTM | −0.1788% | 4h | 0.06404 | +0.116% | $1.2M | $5.8M | 20x | as long as short |
| OKX ZETA-USDT-SWAP | −0.1719% | 4h | 0.06382 | −0.228% | $1.4M | $59.3M | 20x | as long as short |
| Kraken Futures PF_ZETAUSD | −0.1607% | 1h | 0.06403 | +0.101% | $50K | $731K | 10x | as long as short |
| Binance ZETAUSDTlong | −0.1600% | 4h | 0.06397 | long leg | $9.1M | $359.0M | 50x | |
| MEXC ZETA_USDT | −0.1598% | 4h | 0.06402 | +0.085% | $1.1M | $12.6M | 50x | as long as short |
| BloFin ZETA-USDT | −0.1553% | 4h | 0.06382 | −0.228% | $426K | $1.4M | 50x | as long as short |
| Variational Omni ZETA | −0.1527% | 4h | 0.06452 | +0.870% | $122K | $766K | — | as long as short |
| Gate ZETA_USDT | −0.1338% | 4h | 0.06388 | −0.134% | $651K | $11.0M | 25x | as long as short |
| Hyperliquid ZETA | −0.1151% | 1h | 0.06404 | +0.116% | $1.8M | $4.1M | 3x | as long as short |
| Bybit ZETAUSDT | −0.1010% | 4h | 0.06381 | −0.244% | $5.8M | $93.0M | 25x | 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 | +0.992% | $1K | $5K | 5.5x | as long as short |
| Bitget ZETAUSDT | +0.0100% | 4h | 0.06385 | −0.181% | $2.5M | $69.6M | 50x | as long as short |
| BingX ZETA-USDTshort | +0.0100% | 4h | 0.06415 | +0.288% | — | $7.8M | — |
Binance ZETAUSDT
BingX ZETA-USDT
KuCoin ZETAUSDTM
OKX ZETA-USDT-SWAP
Kraken Futures PF_ZETAUSD
MEXC ZETA_USDT
BloFin ZETA-USDT
Variational Omni ZETA
Gate ZETA_USDT
Hyperliquid ZETA
Bybit ZETAUSDT
Injective ZETA/USDC PERP
Bitget ZETAUSDT