Funding you earn now, next payment 12:00 UTC+0.0156%/8h= +17.1% APRnext payment +$0.78 per $10,000 · paid last 24h −0.017%
Price spread now: OKX against BloFin−0.704%83s7-day average +0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$960.957% of the position
Funding, last 7 days−0.090%−$9 on $10k
+Price spread, last 4 days (all we have)+0.034%+$3 · spread now −0.704%, 7d avg +0.049%
=Funding pays, the price is against you. OKX is 0.753% cheaper against BloFin than usual: you would sell low and buy high (spread −0.704% now, against its 7-day average of +0.049%). If the spread goes back, that is −$75 on $10k: about 16 days of funding at the current rate (+$5 a day). Mind the row above: over the last 7 days funding on this pair cost −0.090%, so the current rate has only just turned in your favour. The two prices were read 83 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ZETA-USDT | 0.05824 | −0.0900 | get 0.0450% / 4h | 2h 55m | $356K | $1.1M | 50x |
| Short | OKX ZETA-USDT-SWAP | 0.05783 | −0.0744 | pay 0.0372% / 4h | 2h 55m | $1.1M | $37.7M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $32.83
- Price spread: −0.704% → +0.049%
- −$75.35
- Slippage, 4 orders
- −$73.73
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$138.25
- Costs to cover
- 0.957%
- Break-even
- 36.5 days
Slippage from BloFin: live order book, 6 min ago; OKX: live order book, 3 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 BloFin live order book, 6 min ago | 7.74 bp | 18.1 bp −$18 | 42.5 bp −$425 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 3.44 bp | 29.4 bp −$29 | 118.2 bp −$1,182 | 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 | −0.2990% | 1h | 0.05801 | −0.398% | $55K | $558K | 10x | as long as short |
| Variational Omni ZETA | −0.1705% | 4h | 0.05788 | −0.612% | $124K | $548K | — | as long as short |
| Bybit ZETAUSDT | −0.1546% | 4h | 0.05784 | −0.687% | $4.8M | $72.2M | 25x | as long as short |
| Gate ZETA_USDT | −0.1512% | 4h | 0.05793 | −0.532% | $577K | $6.4M | 25x | as long as short |
| MEXC ZETA_USDT | −0.0916% | 4h | 0.05789 | −0.601% | $1.3M | $8.9M | 50x | as long as short |
| Binance ZETAUSDT | −0.0911% | 4h | 0.05787 | −0.636% | $7.4M | $269.7M | 50x | as long as short |
| BloFin ZETA-USDTlong | −0.0900% | 4h | 0.05824 | long leg | $356K | $1.1M | 50x | |
| OKX ZETA-USDT-SWAPshort | −0.0744% | 4h | 0.05783 | −0.704% | $1.1M | $37.7M | 20x | |
| KuCoin ZETAUSDTM | −0.0520% | 4h | 0.05799 | −0.429% | $959K | $4.2M | 20x | as long as short |
| Hyperliquid ZETA | −0.0209% | 1h | 0.05787 | −0.635% | $1.6M | $2.9M | 3x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective ZETA/USDC PERP | +0.0033% | 1h | 0.06460 | +10.920% | $1K | $1K | 5.5x | as long as short |
| Bitget ZETAUSDT | +0.0100% | 4h | 0.05797 | −0.464% | $2.5M | $53.3M | 50x | as long as short |
| BingX ZETA-USDT | +0.0100% | 4h | 0.05785 | −0.670% | — | $7.0M | — | as long as short |
BloFin ZETA-USDT
OKX ZETA-USDT-SWAP
Kraken Futures PF_ZETAUSD
Variational Omni ZETA
Bybit ZETAUSDT
Gate ZETA_USDT
MEXC ZETA_USDT
Binance ZETAUSDT
KuCoin ZETAUSDTM
Hyperliquid ZETA
Injective ZETA/USDC PERP
Bitget ZETAUSDT
BingX ZETA-USDT