Funding you earn now, next payment 04:00 UTC−0.0013%/8h= −1.4% APRnext payment −$0.07 per $10,000 · paid last 24h +0.002%
Price spread now: BloFin against MEXC+0.191%7-day average −0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$760.760% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 4 days (all we have)+0.560%+$56 · spread now +0.191%, 7d avg −0.063%
=The price spread pays, funding is against you. BloFin is 0.254% dearer against MEXC than usual: you sell high and buy low (spread +0.191% now, against its 7-day average of −0.063%): +$25 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 2 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZETA_USDT | 0.06270 | −0.1536 | get 0.0768% / 4h | 1h 02m | $1.1M | $12.6M | 50x |
| Short | BloFin ZETA-USDT | 0.06282 | −0.1549 | pay 0.0775% / 4h | 1h 02m | $423K | $1.4M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$2.75
- Price spread: +0.191% → −0.063%
- $25.41
- Slippage, 4 orders
- −$60.02
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$53.36
- Costs to cover
- 0.760%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 6 min ago; BloFin: live order book, 5 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, 6 min ago | 3.10 bp | 10.5 bp −$11 | 69.5 bp −$695 | 130.0 bp −$13.0K | doesn't fit |
| Sell BloFin live order book, 5 min ago | 11.74 bp | 28.6 bp −$29 | 53.1 bp −$531 | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ZETA-USDT-SWAP | −0.1693% | 4h | 0.06256 | −0.223% | $1.3M | $58.3M | 20x | as long as short |
| KuCoin ZETAUSDTM | −0.1690% | 4h | 0.06274 | +0.064% | $1.1M | $5.8M | 20x | as long as short |
| Kraken Futures PF_ZETAUSD | −0.1634% | 1h | 0.06297 | +0.434% | $49K | $731K | 10x | as long as short |
| BloFin ZETA-USDTshort | −0.1549% | 4h | 0.06282 | +0.191% | $423K | $1.4M | 50x | |
| MEXC ZETA_USDTlong | −0.1536% | 4h | 0.06270 | long leg | $1.1M | $12.6M | 50x | |
| Binance ZETAUSDT | −0.1521% | 4h | 0.06291 | +0.329% | $8.9M | $360.5M | 50x | as long as short |
| Variational Omni ZETA | −0.1454% | 4h | 0.06372 | +1.623% | $121K | $767K | — | as long as short |
| Gate ZETA_USDT | −0.1270% | 4h | 0.06282 | +0.191% | $637K | $11.0M | 25x | as long as short |
| Hyperliquid ZETA | −0.1049% | 1h | 0.06289 | +0.303% | $1.7M | $4.2M | 3x | as long as short |
| Bybit ZETAUSDT | −0.0920% | 4h | 0.06262 | −0.128% | $5.7M | $93.3M | 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 | +3.030% | $1K | $5K | 5.5x | as long as short |
| Bitget ZETAUSDT | +0.0100% | 4h | 0.06279 | +0.144% | $2.4M | $70.0M | 50x | as long as short |
| BingX ZETA-USDT | +0.0100% | 4h | 0.06292 | +0.351% | — | $7.8M | — | as long as short |
MEXC ZETA_USDT
BloFin ZETA-USDT
OKX ZETA-USDT-SWAP
KuCoin ZETAUSDTM
Kraken Futures PF_ZETAUSD
Binance ZETAUSDT
Variational Omni ZETA
Gate ZETA_USDT
Hyperliquid ZETA
Bybit ZETAUSDT
Injective ZETA/USDC PERP
Bitget ZETAUSDT
BingX ZETA-USDT