ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.1182%/8h= −129.4% APRnext payment −$5.91 per $10,000 · paid last 24h −0.021%

Price spread now: MEXC against BingX0.000%7-day average −0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$53as in the Funding arb table

Net, price: spread back to 7d avg − costs−$56as in the Price arb table

costs, in and out, $10k−$560.562% of the position

Long on BingX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.034%+$3 on $10k

Price spread, last 7 days+0.010%+$1 · spread now 0.000%, 7d avg −0.003%

Together, before fees+0.043%+$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.003%, so right now this pair is about funding alone: −$35 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.034% in total (about 1.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.91 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	BingX ZETA-USDT	0.05893	0.0100	pay 0.0050% / 4h	1h 10m	—	$7.5M	—
Short	MEXC ZETA_USDT	0.05893	−0.1082	pay 0.0541% / 4h	1h 10m	$1.2M	$10.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against BingX. 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 BingXbpFee MEXCbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$248.22
Price spread: 0.000% → −0.003%: $0.29
Slippage, 4 orders: −$42.18
Fee BingX: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$304.12
Costs to cover: 0.562%
Break-even: never at this rate

Slippage from BingX: live order book, 13 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 BingX live order book, 13 min ago	4.24 bp	19.5 bp −$20	63.4 bp −$634	512.2 bp −$51.2K	801.1 bp −$400.5K
Sell MEXC live order book, 3 min ago	1.69 bp	6.1 bp −$6	63.8 bp −$638	119.1 bp −$11.9K	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	−0.3550%	1h	0.05894	+0.015%	$54K	$673K	10x	as long as short
Variational Omni ZETA	−0.1663%	4h	0.05884	−0.146%	$121K	$681K	—	as long as short
Gate ZETA_USDT	−0.1502%	4h	0.05899	+0.102%	$634K	$8.7M	25x	as long as short
Bybit ZETAUSDT	−0.1354%	4h	0.05893	0.000%	$4.9M	$82.1M	25x	as long as short
BloFin ZETA-USDT	−0.1137%	4h	0.05886	−0.119%	$374K	$1.2M	50x	as long as short
Binance ZETAUSDT	−0.1087%	4h	0.05895	+0.034%	$7.8M	$309.7M	50x	as long as short
MEXC ZETA_USDTshort	−0.1082%	4h	0.05893	0.000%	$1.2M	$10.9M	50x
KuCoin ZETAUSDTM	−0.0836%	4h	0.05890	−0.051%	$1.0M	$4.8M	20x	as long as short
OKX ZETA-USDT-SWAP	−0.0828%	4h	0.05891	−0.034%	$1.2M	$44.4M	20x	as long as short
Hyperliquid ZETA	−0.0224%	1h	0.05894	+0.017%	$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	+9.622%	$1K	$1K	5.5x	as long as short
Bitget ZETAUSDT	+0.0100%	4h	0.05903	+0.170%	$2.4M	$59.8M	50x	as long as short
BingX ZETA-USDTlong	+0.0100%	4h	0.05893	long leg	—	$7.5M	—