Funding you earn now, next payment 04:00 UTC+0.1022%/8h= +111.9% APRnext payment +$5.11 per $10,000 · paid last 24h +0.095%
Price spread now: Bitget against MEXC+0.033%7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$530.531% of the position
Funding, last 7 days+0.079%+$8 on $10k
+Price spread, last 7 days+0.090%+$9 · spread now +0.033%, 7d avg +0.073%
=Funding pays, the price is against you. Bitget is 0.041% cheaper against MEXC than usual: you would sell low and buy high (spread +0.033% now, against its 7-day average of +0.073%). If the spread goes back, that is −$4 on $10k: about 3 hours of funding at the current rate (+$31 a day). At the pace of the last 7 days (+0.079% in total) that is about 3.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.079% in total (about 4.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.11 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 | MEXC ZETA_USDT | 0.06152 | −0.0922 | get 0.0461% / 4h | 15m 42s | $1.3M | $13.0M | 50x |
| Short | Bitget ZETAUSDT | 0.06154 | 0.0100 | get 0.0050% / 4h | 15m 42s | $2.5M | $74.2M | 50x |
MEXC ZETA_USDT
Bitget ZETAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against MEXC. 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
- $214.62
- Price spread: +0.033% → +0.073%
- −$4.07
- Slippage, 4 orders
- −$37.06
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $157.48
- Costs to cover
- 0.531%
- Break-even
- 1.9 days
Slippage from MEXC: live order book, 3 min ago; Bitget: 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 MEXC live order book, 3 min ago | 2.45 bp | 8.3 bp −$8 | 33.6 bp −$336 | 107.5 bp −$10.7K | doesn't fit |
| Sell Bitget live order book, 3 min ago | 3.27 bp | 14.9 bp −$15 | 109.1 bp −$1,091 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZETAUSD | −0.2291% | 1h | 0.06122 | −0.480% | $51K | $736K | 10x | as long as short |
| KuCoin ZETAUSDTM | −0.1288% | 4h | 0.06157 | +0.081% | $1.3M | $6.1M | 20x | as long as short |
| Variational Omni ZETA | −0.1188% | 4h | 0.06119 | −0.529% | $119K | $780K | — | as long as short |
| OKX ZETA-USDT-SWAP | −0.1145% | 4h | 0.06134 | −0.293% | $1.3M | $60.1M | 20x | as long as short |
| Gate ZETA_USDT | −0.1090% | 4h | 0.06154 | +0.033% | $627K | $11.2M | 25x | as long as short |
| BloFin ZETA-USDT | −0.0981% | 4h | 0.06109 | −0.699% | $419K | $1.4M | 50x | as long as short |
| MEXC ZETA_USDTlong | −0.0922% | 4h | 0.06152 | long leg | $1.3M | $13.0M | 50x | |
| Binance ZETAUSDT | −0.0903% | 4h | 0.06145 | −0.119% | $8.5M | $380.3M | 50x | as long as short |
| Bybit ZETAUSDT | −0.0754% | 4h | 0.06135 | −0.276% | $5.3M | $97.9M | 25x | as long as short |
| Injective ZETA/USDC PERP | +0.0033% | 1h | 0.06460 | +5.007% | $1K | $3K | 5.5x | as long as short |
Kraken Futures PF_ZETAUSD
KuCoin ZETAUSDTM
Variational Omni ZETA
OKX ZETA-USDT-SWAP
Gate ZETA_USDT
BloFin ZETA-USDT
Binance ZETAUSDT
Bybit ZETAUSDT
Injective ZETA/USDC PERPShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid ZETA | +0.0090% | 1h | 0.06146 | −0.098% | $1.7M | $4.2M | 3x | as long as short |
| Bitget ZETAUSDTshort | +0.0100% | 4h | 0.06154 | +0.033% | $2.5M | $74.2M | 50x | |
| BingX ZETA-USDT | +0.0100% | 4h | 0.06154 | +0.033% | — | $8.1M | — | as long as short |
Hyperliquid ZETA
BingX ZETA-USDT