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+0.0072%/8h= +7.9% APRnext payment +$0.36 per $10,000 · paid last 24h −0.044%
Price spread now: Gate against BloFin+0.121%7-day average +0.091% · you sell dearer than you buy
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1321.321% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.050%−$5 on $10k
Price spread, last 4 days (all we have)−0.630%−$63 · spread now +0.121%, 7d avg +0.091%
Together, before fees−0.680%−$68 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Gate is 0.031% dearer against BloFin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.091%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ZETA-USDT0.05766−0.1746get 0.0873% / 4h1h 39m$386K$1.2M50x
ShortGate ZETA_USDT0.05773−0.1674pay 0.0837% / 4h1h 39m$586K$10.6M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$15.18
Price spread: +0.121% → +0.091%
$3.09
Slippage, 4 orders
−$105.06
Fee BloFin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$113.8
Costs to cover
1.321%
Break-even
59.5 days
Slippage from BloFin: live order book, 3 min ago; Gate: live order book, 4 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, 3 min ago5.20 bp17.0 bp −$1767.9 bp −$679doesn't fitdoesn't fit
Sell Gate live order book, 4 min ago4.29 bp53.6 bp −$54303.9 bp −$3,039doesn'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
KuCoin ZETAUSDTM−0.2064%4h0.05777+0.191%$1.1M$5.6M20xas long as short
OKX ZETA-USDT-SWAP−0.1953%4h0.05760−0.104%$1.1M$51.8M20xas long as short
BingX ZETA-USDT−0.1850%4h0.05774+0.139%$7.6Mas long as short
Binance ZETAUSDT−0.1794%4h0.05764−0.036%$8.0M$347.9M50xas long as short
MEXC ZETA_USDT−0.1786%4h0.05772+0.104%$1.0M$12.3M50xas long as short
Kraken Futures PF_ZETAUSD−0.1786%1h0.05762−0.063%$47K$719K10xas long as short
BloFin ZETA-USDTlong−0.1746%4h0.05766long leg$386K$1.2M50x
Gate ZETA_USDTshort−0.1674%4h0.05773+0.121%$586K$10.6M25x
Variational Omni ZETA−0.1499%4h0.05763−0.046%$112K$758Kas long as short
Hyperliquid ZETA−0.1426%1h0.05769+0.052%$1.6M$4.0M3xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ZETAUSDT−0.1066%4h0.05768+0.035%$5.2M$89.8M25xas long as short
Injective ZETA/USDC PERP+0.0033%1h0.06460+12.036%$1K$5K5.5xas long as short
Bitget ZETAUSDT+0.0100%4h0.05770+0.069%$2.3M$67.0M50xas long as short