Funding you earn now, next payment 00:00 UTC+0.0130%/8h= +14.2% APRnext payment +$0.65 per $10,000 · paid last 24h −0.060%
Price spread now: OKX against BingX−0.099%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$830.827% of the position
Funding, last 7 days−0.043%−$4 on $10k
+Price spread, last 4 days (all we have)−0.037%−$4 · spread now −0.099%, 7d avg −0.019%
=Funding pays, the price is against you. OKX is 0.081% cheaper against BingX than usual: you would sell low and buy high (spread −0.099% now, against its 7-day average of −0.019%). If the spread goes back, that is −$8 on $10k: about 2.1 days of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZETA-USDT | 0.06033 | −0.0567 | get 0.0283% / 4h | 1h 47m | — | $6.7M | — |
| Short | OKX ZETA-USDT-SWAP | 0.06027 | −0.0437 | pay 0.0219% / 4h | 1h 47m | $1.1M | $46.4M | 20x |
BingX ZETA-USDT
OKX ZETA-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against BingX. 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
- $27.22
- Price spread: −0.099% → −0.019%
- −$8.05
- Slippage, 4 orders
- −$62.68
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$63.51
- Costs to cover
- 0.827%
- Break-even
- 23.3 days
Slippage from BingX: 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 BingX live order book, 5 min ago | 4.11 bp | 18.7 bp −$19 | 45.8 bp −$458 | 333.1 bp −$33.3K | 625.5 bp −$312.7K |
| Sell OKX live order book, 1 min ago | 4.15 bp | 19.8 bp −$20 | 91.8 bp −$918 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ZETA_USDT | −0.0958% | 4h | 0.06042 | +0.149% | $606K | $9.5M | 25x | as long as short |
| MEXC ZETA_USDT | −0.0600% | 4h | 0.06037 | +0.066% | $1.5M | $11.6M | 50x | as long as short |
| Binance ZETAUSDT | −0.0598% | 4h | 0.06041 | +0.128% | $8.4M | $304.5M | 50x | as long as short |
| KuCoin ZETAUSDTM | −0.0580% | 4h | 0.06042 | +0.149% | $1.2M | $5.1M | 20x | as long as short |
| BingX ZETA-USDTlong | −0.0567% | 4h | 0.06033 | long leg | — | $6.7M | — | |
| BloFin ZETA-USDT | −0.0563% | 4h | 0.06028 | −0.083% | $403K | $1.0M | 50x | as long as short |
| OKX ZETA-USDT-SWAPshort | −0.0437% | 4h | 0.06027 | −0.099% | $1.1M | $46.4M | 20x | |
| Kraken Futures PF_ZETAUSD | −0.0264% | 1h | 0.06036 | +0.051% | $66K | $631K | 10x | as long as short |
| Variational Omni ZETA | −0.0247% | 4h | 0.06061 | +0.464% | $140K | $704K | — | as long as short |
| Bybit ZETAUSDT | −0.0094% | 4h | 0.06031 | −0.033% | $5.3M | $78.4M | 25x | as long as short |
Gate ZETA_USDT
MEXC ZETA_USDT
Binance ZETAUSDT
KuCoin ZETAUSDTM
BloFin ZETA-USDT
Kraken Futures PF_ZETAUSD
Variational Omni ZETA
Bybit ZETAUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid ZETA | +0.0005% | 1h | 0.06040 | +0.116% | $1.7M | $3.7M | 3x | as long as short |
| Injective ZETA/USDC PERP | +0.0033% | 1h | 0.06460 | +7.078% | $1K | $5K | 5.5x | as long as short |
| Bitget ZETAUSDT | +0.0100% | 4h | 0.06042 | +0.149% | $2.2M | $57.9M | 50x | as long as short |
Hyperliquid ZETA
Injective ZETA/USDC PERP
Bitget ZETAUSDT