ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0461%/8h= −50.5% APRnext payment −$0.58 per $10,000 · paid last 24h −0.434%

Price spread now: Kraken Futures against Injective−6.886%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−1.517%−$152 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Kraken Futures is 6.886% cheaper against Injective than usual: you would sell low and buy high (−$689 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective ZETA/USDC PERP	0.06460	0.0033	pay 0.0004% / 1h	11m 10s	$1K	$5K	5.5x
Short	Kraken Futures PF_ZETAUSD	0.06015	−0.0427	pay 0.0053% / 1h	11m 10s	$66K	$631K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Injective. 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 InjectivebpFee Kraken FuturesbpOrdersPrice spread, now −6.886%Rate

Funding earned: −$96.76
Price spread: −6.886% → 0.000%: −$688.59
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$795.37
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Injective: no order-book sample; Kraken Futures: live order book, 12 min ago. Net counts fees only.

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 Injective no order-book sample	—	—	—	—	—
Sell Kraken Futures live order book, 12 min ago	26.57 bp	47.6 bp −$48	doesn't fit	doesn't fit	doesn't fit

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Gate ZETA_USDT	−0.0734%	4h	0.06017	−6.858%	$599K	$9.5M	25x	as long as short
KuCoin ZETAUSDTM	−0.0484%	4h	0.06013	−6.920%	$1.1M	$5.1M	20x	as long as short
Kraken Futures PF_ZETAUSDshort	−0.0427%	1h	0.06015	−6.886%	$66K	$631K	10x
BloFin ZETA-USDT	−0.0421%	4h	0.06009	−6.981%	$402K	$1.0M	50x	as long as short
Binance ZETAUSDT	−0.0409%	4h	0.06016	−6.873%	$8.3M	$302.9M	50x	as long as short
MEXC ZETA_USDT	−0.0386%	4h	0.06012	−6.935%	$1.5M	$11.6M	50x	as long as short
BingX ZETA-USDT	−0.0374%	4h	0.06011	−6.950%	—	$6.7M	—	as long as short
OKX ZETA-USDT-SWAP	−0.0190%	4h	0.06013	−6.920%	$1.1M	$46.1M	20x	as long as short
Variational Omni ZETA	−0.0115%	4h	0.06006	−7.032%	$139K	$700K	—	as long as short
Injective ZETA/USDC PERPlong	+0.0033%	1h	0.06460	long leg	$1K	$5K	5.5x

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ZETAUSDT	+0.0088%	4h	0.06013	−6.920%	$5.4M	$78.1M	25x	as long as short
Hyperliquid ZETA	+0.0100%	1h	0.06013	−6.920%	$1.7M	$3.7M	3x	as long as short
Bitget ZETAUSDT	+0.0100%	4h	0.06022	−6.780%	$2.2M	$57.6M	50x	as long as short