ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0108%/8h= +11.9% APRnext payment +$0.54 per $10,000 · paid last 24h −0.051%

Price spread now: KuCoin against Binance−0.216%7-day average +0.110% · you buy dearer than you sell

Net, funding: paid 7d − costs−$154as in the Funding arb table

Net, price: spread back to 7d avg − costs−$176as in the Price arb table

costs, in and out, $10k−$1441.438% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.104%−$10 on $10k

Price spread, last 4 days (all we have)+0.535%+$53 · spread now −0.216%, 7d avg +0.110%

Together, before fees+0.431%+$43 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.327% cheaper against Binance than usual: you would sell low and buy high (spread −0.216% now, against its 7-day average of +0.110%). If the spread goes back, that is −$33 on $10k: about 10 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.104%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ZETAUSDT	0.06009	−0.0706	get 0.0353% / 4h	1h 18m	$8.5M	$306.3M	50x
Short	KuCoin ZETAUSDTM	0.05996	−0.0598	pay 0.0299% / 4h	1h 18m	$1.2M	$5.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee BinancebpFee KuCoinbpOrdersPrice spread, now −0.216%Rate

Funding earned: $22.76
Price spread: −0.216% → +0.110%: −$32.67
Slippage, 4 orders: −$121.79
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$153.7
Costs to cover: 1.438%
Break-even: 54.3 days

Slippage from Binance: live order book, 10 min ago; KuCoin: 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 Binance live order book, 10 min ago	1.65 bp	13.8 bp −$14	44.4 bp −$444	464.3 bp −$46.4K	doesn't fit
Sell KuCoin live order book, 5 min ago	12.41 bp	60.0 bp −$60	doesn't fit	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	−0.1192%	4h	0.06006	−0.050%	$624K	$9.5M	25x	as long as short
Binance ZETAUSDTlong	−0.0706%	4h	0.06009	long leg	$8.5M	$306.3M	50x
BloFin ZETA-USDT	−0.0706%	4h	0.05995	−0.233%	$413K	$1.0M	50x	as long as short
MEXC ZETA_USDT	−0.0706%	4h	0.06009	0.000%	$1.5M	$11.6M	50x	as long as short
BingX ZETA-USDT	−0.0628%	4h	0.06002	−0.116%	—	$6.8M	—	as long as short
OKX ZETA-USDT-SWAP	−0.0628%	4h	0.05996	−0.216%	$1.1M	$46.4M	20x	as long as short
KuCoin ZETAUSDTMshort	−0.0598%	4h	0.05996	−0.216%	$1.2M	$5.1M	20x
Variational Omni ZETA	−0.0403%	4h	0.06015	+0.096%	$142K	$708K	—	as long as short
Kraken Futures PF_ZETAUSD	−0.0265%	1h	0.06013	+0.060%	$67K	$634K	10x	as long as short
Bybit ZETAUSDT	−0.0185%	4h	0.05996	−0.216%	$5.3M	$78.9M	25x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ZETA	−0.0163%	1h	0.06006	−0.050%	$1.7M	$3.7M	3x	as long as short
Injective ZETA/USDC PERP	+0.0033%	1h	0.06460	+7.505%	$1K	$5K	5.5x	as long as short
Bitget ZETAUSDT	+0.0100%	4h	0.06008	−0.017%	$2.2M	$58.2M	50x	as long as short