Settings8H · net · $10k
Funding arb · Price arb /

ZETA

all ZETA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0123%/8h= +13.4% APRnext payment +$0.61 per $10,000 · paid last 24h −0.019%
Price spread now: BingX against Binance−0.035%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$760.758% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.069%−$7 on $10k
Price spread, last 7 days+0.053%+$5 · spread now −0.035%, 7d avg +0.012%
Together, before fees−0.016%−$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.047% cheaper against Binance than usual: you would sell low and buy high (spread −0.035% now, against its 7-day average of +0.012%). If the spread goes back, that is −$5 on $10k: about 31 hours of funding at the current rate (+$4 a day). Mind the row above: over the last 7 days funding on this pair cost −0.069%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ZETAUSDT0.05779−0.1815get 0.0907% / 4h3h 38m$7.8M$324.8M50x
ShortBingX ZETA-USDT0.05777−0.1692pay 0.0846% / 4h3h 38m$7.1M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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

Funding earned
$25.78
Price spread: −0.035% → +0.012%
−$4.71
Slippage, 4 orders
−$55.76
Fee Binance: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$54.69
Costs to cover
0.758%
Break-even
21.9 days
Slippage from Binance: live order book, 5 min ago; BingX: live order book, 9 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 5 min ago2.61 bp18.7 bp −$1966.4 bp −$664492.4 bp −$49.2Kdoesn't fit
Sell BingX live order book, 9 min ago4.39 bp17.8 bp −$1848.2 bp −$482368.3 bp −$36.8K733.5 bp −$366.8K

ZETA on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZETAUSD−0.2828%1h0.05759−0.344%$49K$701K10xas long as short
BloFin ZETA-USDT−0.1866%4h0.05739−0.692%$360K$1.1M50xas long as short
Binance ZETAUSDTlong−0.1815%4h0.05779long leg$7.8M$324.8M50x
MEXC ZETA_USDT−0.1814%4h0.05765−0.242%$1.3M$12.0M50xas long as short
Gate ZETA_USDT−0.1712%4h0.05778−0.017%$569K$10.0M25xas long as short
BingX ZETA-USDTshort−0.1692%4h0.05777−0.035%$7.1M
OKX ZETA-USDT-SWAP−0.1602%4h0.05775−0.069%$1.1M$48.4M20xas long as short
KuCoin ZETAUSDTM−0.1498%4h0.05750−0.502%$1.1M$5.4M20xas long as short
Variational Omni ZETA−0.1242%4h0.05755−0.422%$107K$741Kas long as short
Bybit ZETAUSDT−0.0664%4h0.05769−0.173%$5.0M$83.9M25xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid ZETA−0.0640%1h0.05749−0.519%$1.6M$3.9M3xas long as short
Injective ZETA/USDC PERP+0.0033%1h0.06460+11.784%$1K$5K5.5xas long as short
Bitget ZETAUSDT+0.0100%4h0.05760−0.329%$2.1M$62.1M50xas long as short