ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0231%/8h= +25.3% APRnext payment +$1.16 per $10,000 · paid last 24h −0.071%

Price spread now: OKX against Binance+0.027%7-day average −0.013% · you sell dearer than you buy

Net, funding: paid 7d − costs−$89as in the Funding arb table

Net, price: spread back to 7d avg − costs−$75as in the Price arb table

costs, in and out, $10k−$790.790% of the position

Long on Binance Short on OKX

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)+0.035%+$3 · spread now +0.027%, 7d avg −0.013%

Together, before fees−0.069%−$7 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and OKX is 0.040% dearer against Binance than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.013%. 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.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.104% in total (about -5.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.16 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	Binance ZETAUSDT	0.05796	−0.1825	get 0.0912% / 4h	3h 38m	$7.8M	$325.0M	50x
Short	OKX ZETA-USDT-SWAP	0.05798	−0.1593	pay 0.0797% / 4h	3h 38m	$1.1M	$48.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.027%Rate

Funding earned: $48.54
Price spread: +0.027% → −0.013%: $3.95
Slippage, 4 orders: −$58.97
Fee Binance: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$26.48
Costs to cover: 0.790%
Break-even: 10.8 days

Slippage from Binance: live order book, 5 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 Binance live order book, 5 min ago	2.61 bp	18.7 bp −$19	66.4 bp −$664	492.4 bp −$49.2K	doesn't fit
Sell OKX live order book, 5 min ago	3.47 bp	23.4 bp −$23	80.0 bp −$800	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	−0.2828%	1h	0.05759	−0.644%	$49K	$701K	10x	as long as short
BloFin ZETA-USDT	−0.1866%	4h	0.05739	−0.991%	$360K	$1.1M	50x	as long as short
Binance ZETAUSDTlong	−0.1825%	4h	0.05796	long leg	$7.8M	$325.0M	50x
MEXC ZETA_USDT	−0.1814%	4h	0.05799	+0.044%	$1.3M	$12.0M	50x	as long as short
BingX ZETA-USDT	−0.1692%	4h	0.05795	−0.025%	—	$7.1M	—	as long as short
Gate ZETA_USDT	−0.1642%	4h	0.05789	−0.129%	$567K	$10.0M	25x	as long as short
OKX ZETA-USDT-SWAPshort	−0.1593%	4h	0.05798	+0.027%	$1.1M	$48.7M	20x
KuCoin ZETAUSDTM	−0.1516%	4h	0.05820	+0.406%	$1.1M	$5.4M	20x	as long as short
Variational Omni ZETA	−0.1242%	4h	0.05755	−0.722%	$107K	$741K	—	as long as short
Bybit ZETAUSDT	−0.0778%	4h	0.05788	−0.146%	$5.1M	$84.0M	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	−0.0633%	1h	0.05815	+0.320%	$1.6M	$3.9M	3x	as long as short
Injective ZETA/USDC PERP	+0.0033%	1h	0.06460	+11.447%	$1K	$5K	5.5x	as long as short
Bitget ZETAUSDT	+0.0100%	4h	0.05800	+0.061%	$2.1M	$62.2M	50x	as long as short