Funding you earn now, next payment 12:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.17 per $10,000 · paid last 24h +0.002%
Price spread now: BloFin against Binance+0.049%61s7-day average −0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$740.738% of the position
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 4 days (all we have)+0.275%+$27 · spread now +0.049%, 7d avg −0.080%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.129% dearer against Binance than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.080%. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZETAUSDT | 0.05666 | −0.0843 | get 0.0421% / 4h | 1h 48m | $7.0M | $244.9M | 50x |
| Short | BloFin ZETA-USDT | 0.05669 | −0.0810 | pay 0.0405% / 4h | 1h 48m | $337K | $1.1M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $6.95
- Price spread: +0.049% → −0.080%
- $12.94
- Slippage, 4 orders
- −$51.84
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$53.96
- Costs to cover
- 0.738%
- Break-even
- 61.4 days
Slippage from Binance: live order book, 3 min ago; BloFin: live order book, 2 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, 3 min ago | 0.88 bp | 16.4 bp −$16 | 74.0 bp −$740 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 2 min ago | 1.76 bp | 19.8 bp −$20 | 60.2 bp −$602 | doesn't fit | doesn't fit |
ZETA on 13 exchanges
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 | −0.2093% | 1h | 0.05671 | +0.083% | $55K | $525K | 10x | as long as short |
| Variational Omni ZETA | −0.1538% | 4h | 0.05690 | +0.412% | $122K | $432K | — | as long as short |
| Bybit ZETAUSDT | −0.0971% | 4h | 0.05664 | −0.039% | $4.5M | $66.2M | 25x | as long as short |
| Binance ZETAUSDTlong | −0.0843% | 4h | 0.05666 | long leg | $7.0M | $244.9M | 50x | |
| Gate ZETA_USDT | −0.0840% | 4h | 0.05673 | +0.120% | $553K | $6.0M | 25x | as long as short |
| MEXC ZETA_USDT | −0.0832% | 4h | 0.05666 | −0.004% | $1.3M | $7.9M | 50x | as long as short |
| BloFin ZETA-USDTshort | −0.0810% | 4h | 0.05669 | +0.049% | $337K | $1.1M | 50x | |
| OKX ZETA-USDT-SWAP | −0.0540% | 4h | 0.05664 | −0.039% | $1.0M | $34.1M | 20x | as long as short |
| Hyperliquid ZETA | −0.0440% | 1h | 0.05666 | −0.004% | $1.5M | $2.8M | 3x | as long as short |
| KuCoin ZETAUSDTM | −0.0436% | 4h | 0.05664 | −0.039% | $950K | $3.8M | 20x | as long as short |
Show all 13 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective ZETA/USDC PERP | +0.0033% | 1h | 0.06460 | +14.009% | $1K | $1K | 5.5x | as long as short |
| Bitget ZETAUSDT | +0.0068% | 4h | 0.05662 | −0.074% | $2.3M | $49.3M | 50x | as long as short |
| BingX ZETA-USDT | +0.0096% | 4h | 0.05669 | +0.049% | — | $6.7M | — | as long as short |
Binance ZETAUSDT
BloFin ZETA-USDT
Kraken Futures PF_ZETAUSD
Variational Omni ZETA
Bybit ZETAUSDT
Gate ZETA_USDT
MEXC ZETA_USDT
OKX ZETA-USDT-SWAP
Hyperliquid ZETA
KuCoin ZETAUSDTM
Injective ZETA/USDC PERP
Bitget ZETAUSDT
BingX ZETA-USDT