ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0355%/8h= +38.8% APRnext payment +$1.77 per $10,000 · paid last 24h −0.083%

Price spread now: OKX against MEXC−0.104%7-day average +0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs−$73as in the Funding arb table

Net, price: spread back to 7d avg − costs−$74as in the Price arb table

costs, in and out, $10k−$630.630% of the position

Long on MEXC Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.098%−$10 on $10k

Price spread, last 7 days+0.118%+$12 · spread now −0.104%, 7d avg +0.006%

Together, before fees+0.021%+$2 on $10k · with fees, hour by hour

Funding pays, the price is against you. OKX is 0.110% cheaper against MEXC than usual: you would sell low and buy high (spread −0.104% now, against its 7-day average of +0.006%). If the spread goes back, that is −$11 on $10k: about 25 hours of funding at the current rate (+$11 a day). Mind the row above: over the last 7 days funding on this pair cost −0.098%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.098% in total (about -5.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.77 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	0.05763	−0.1150	get 0.0575% / 4h	8m 58s	$1.2M	$10.2M	50x
Short	OKX ZETA-USDT-SWAP	0.05757	−0.0795	pay 0.0398% / 4h	8m 58s	$1.1M	$41.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against MEXC. 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 MEXCbpFee OKXbpOrdersPrice spread, now −0.104%Rate

Funding earned: $74.49
Price spread: −0.104% → +0.006%: −$11.04
Slippage, 4 orders: −$48.96
Fee MEXC: 2 bp × 2 orders: −$4
Fee OKX: 5 bp × 2 orders: −$10
Net: $0.5
Costs to cover: 0.630%
Break-even: 7.0 days

Slippage from MEXC: live order book, 4 min ago; OKX: 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, 4 min ago	0.87 bp	6.6 bp −$7	61.3 bp −$613	127.4 bp −$12.7K	doesn't fit
Sell OKX live order book, 5 min ago	4.34 bp	23.5 bp −$24	138.4 bp −$1,384	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	−0.3101%	1h	0.05745	−0.318%	$54K	$629K	10x	as long as short
Variational Omni ZETA	−0.1619%	4h	0.05752	−0.195%	$118K	$653K	—	as long as short
Gate ZETA_USDT	−0.1268%	4h	0.05766	+0.052%	$586K	$8.2M	25x	as long as short
BloFin ZETA-USDT	−0.1165%	4h	0.05766	+0.052%	$360K	$1.2M	50x	as long as short
MEXC ZETA_USDTlong	−0.1150%	4h	0.05763	long leg	$1.2M	$10.2M	50x
Binance ZETAUSDT	−0.1144%	4h	0.05762	−0.024%	$7.4M	$295.7M	50x	as long as short
Bybit ZETAUSDT	−0.0998%	4h	0.05763	0.000%	$4.7M	$78.9M	25x	as long as short
OKX ZETA-USDT-SWAPshort	−0.0795%	4h	0.05757	−0.104%	$1.1M	$41.2M	20x
KuCoin ZETAUSDTM	−0.0758%	4h	0.05769	+0.104%	$966K	$4.5M	20x	as long as short
Hyperliquid ZETA	−0.0303%	1h	0.05763	0.000%	$1.6M	$3.1M	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	+12.094%	$1K	$1K	5.5x	as long as short
Bitget ZETAUSDT	+0.0100%	4h	0.05764	+0.017%	$2.5M	$57.4M	50x	as long as short
BingX ZETA-USDT	+0.0100%	4h	0.05763	0.000%	—	$7.3M	—	as long as short