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

ZETA

all ZETA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0035%/8h= −3.8% APRnext payment $0.17 per $10,000 · paid last 24h −0.002%
Price spread now: Binance against BloFin+0.166%7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$660.663% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.008%−$1 on $10k
Price spread, last 3 days (all we have)−0.490%−$49 · spread now +0.166%, 7d avg +0.059%
Together, before fees−0.498%−$50 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Binance is 0.108% dearer against BloFin than usual: you sell high and buy low (spread +0.166% now, against its 7-day average of +0.059%): +$11 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 10 days. At the pace of the last 7 days (−0.008% in total) that is about 3 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ZETA-USDT0.06038−0.0591get 0.0296% / 4h1h 31m$408K$1.0M50x
ShortBinance ZETAUSDT0.06048−0.0626pay 0.0313% / 4h1h 31m$8.5M$305.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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
−$7.33
Price spread: +0.166% → +0.059%
$10.77
Slippage, 4 orders
−$44.26
Fee BloFin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$62.82
Costs to cover
0.663%
Break-even
never at this rate
Slippage from BloFin: live order book, 1 min ago; Binance: live order book, 12 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 BloFin live order book, 1 min ago2.49 bp22.5 bp −$2351.4 bp −$514doesn't fitdoesn't fit
Sell Binance live order book, 12 min ago0.83 bp15.8 bp −$1650.1 bp −$501373.4 bp −$37.3Kdoesn'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
Gate ZETA_USDT−0.1096%4h0.06048+0.166%$609K$9.5M25xas long as short
MEXC ZETA_USDT−0.0630%4h0.06041+0.050%$1.5M$11.6M50xas long as short
Binance ZETAUSDTshort−0.0626%4h0.06048+0.166%$8.5M$305.4M50x
BingX ZETA-USDT−0.0608%4h0.06045+0.116%$6.8Mas long as short
BloFin ZETA-USDTlong−0.0591%4h0.06038long leg$408K$1.0M50x
KuCoin ZETAUSDTM−0.0558%4h0.06032−0.099%$1.2M$5.1M20xas long as short
OKX ZETA-USDT-SWAP−0.0541%4h0.06039+0.017%$1.1M$46.6M20xas long as short
Variational Omni ZETA−0.0342%4h0.06027−0.177%$142K$708Kas long as short
Kraken Futures PF_ZETAUSD−0.0264%1h0.06044+0.095%$66K$632K10xas long as short
Bybit ZETAUSDT−0.0134%4h0.06039+0.017%$5.3M$78.6M25xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid ZETA−0.0131%1h0.06041+0.050%$1.7M$3.7M3xas long as short
Injective ZETA/USDC PERP+0.0033%1h0.06460+6.989%$1K$5K5.5xas long as short
Bitget ZETAUSDT+0.0100%4h0.06057+0.315%$2.2M$58.0M50xas long as short