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−0.1366%/8h= −149.6% APRnext payment $6.83 per $10,000 · paid last 24h −0.185%
Price spread now: Variational Omni against Bitget−0.033%7-day average −0.150% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.210%−$21 on $10k
Price spread, last 3 days (all we have)−0.013%−$1 · spread now −0.033%, 7d avg −0.150%
Together, before fees−0.223%+ Points / potential airdropVariational Omni: Active · farm board−$22 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.117% dearer against Bitget than usual: you sell high and buy low (spread −0.033% now, against its 7-day average of −0.150%): +$12 on $10k if it goes back. Holding the pair costs −$41 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 3 days (−0.210% in total) that is about 45 hours.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.210% in total (about -22.9% a year). A funding rate is set anew for every payment; at this rate the next one is about $6.83 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ZETAUSDT0.057580.0100pay 0.0050% / 4h3h 41m$2.1M$62.0M50x
ShortVariational Omni ZETA0.05756−0.1266pay 0.0633% / 4h3h 41m$110K$736K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Bitget. 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
−$286.91
Price spread: −0.033% → −0.150%
$11.74
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$287.17
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 2 min ago; Variational Omni: RFQ quote, 32 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 2 min ago4.33 bp24.2 bp −$24132.4 bp −$1,324doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 32 min ago7.20 bpdoesn't fit61.2 bp −$612doesn't fitdoesn't fit

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−0.2834%1h0.05747−0.183%$49K$701K10xas long as short
Binance ZETAUSDT−0.1799%4h0.05748−0.179%$7.7M$324.4M50xas long as short
BloFin ZETA-USDT−0.1776%4h0.05724−0.590%$355K$1.1M50xas long as short
MEXC ZETA_USDT−0.1740%4h0.05735−0.399%$1.3M$12.0M50xas long as short
Gate ZETA_USDT−0.1654%4h0.05727−0.538%$569K$10.0M25xas long as short
BingX ZETA-USDT−0.1639%4h0.05733−0.434%$7.1Mas long as short
OKX ZETA-USDT-SWAP−0.1505%4h0.05751−0.122%$1.1M$48.2M20xas long as short
KuCoin ZETAUSDTM−0.1456%4h0.05737−0.365%$1.1M$5.4M20xas long as short
Variational Omni ZETAshort−0.1266%4h0.05756−0.033%$110K$736K
Hyperliquid ZETA−0.0633%1h0.05739−0.330%$1.6M$3.9M3xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ZETAUSDT−0.0269%4h0.05743−0.261%$5.0M$83.8M25xas long as short
Injective ZETA/USDC PERP+0.0033%1h0.06460+12.192%$1K$5K5.5xas long as short
Bitget ZETAUSDTlong+0.0100%4h0.05758long leg$2.1M$62.0M50x