Funding you earn now, next payment 01:00 UTC−0.1627%/8h= −178.1% APRpaid last 24h −0.274%
Price spread now: OKX against Injective−9.830%88s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.182%−$18 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 −$49 a day on $10k at the current rate, and OKX is 9.830% cheaper against Injective than usual: you would sell low and buy high (−$983 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 88 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.182% in total (about -9.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| 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 | 37m 48s | $1K | $5K | 5.5x |
| Short | OKX ZETA-USDT-SWAP | 0.05825 | −0.1593 | pay 0.0797% / 4h | 3h 37m | $1.1M | $48.9M | 20x |
Injective ZETA/USDC PERP
OKX ZETA-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Injective. 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
- −$341.63
- Price spread: −9.830% → 0.000%
- −$982.97
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$1,334.62
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; OKX: live order book, 1 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 OKX live order book, 1 min ago | 2.59 bp | 21.1 bp −$21 | 75.7 bp −$757 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZETAUSD | −0.2800% | 1h | 0.05816 | −9.968% | $50K | $701K | 10x | as long as short |
| BloFin ZETA-USDT | −0.1866% | 4h | 0.05739 | −11.161% | $360K | $1.1M | 50x | as long as short |
| Binance ZETAUSDT | −0.1825% | 4h | 0.05838 | −9.628% | $7.9M | $325.2M | 50x | as long as short |
| MEXC ZETA_USDT | −0.1814% | 4h | 0.05824 | −9.845% | $1.3M | $12.0M | 50x | as long as short |
| BingX ZETA-USDT | −0.1692% | 4h | 0.05831 | −9.737% | — | $7.1M | — | as long as short |
| Gate ZETA_USDT | −0.1642% | 4h | 0.05817 | −9.954% | $570K | $10.0M | 25x | as long as short |
| OKX ZETA-USDT-SWAPshort | −0.1593% | 4h | 0.05825 | −9.830% | $1.1M | $48.9M | 20x | |
| KuCoin ZETAUSDTM | −0.1516% | 4h | 0.05811 | −10.046% | $1.1M | $5.4M | 20x | as long as short |
| Variational Omni ZETA | −0.1242% | 4h | 0.05755 | −10.919% | $107K | $741K | — | as long as short |
| Bybit ZETAUSDT | −0.0778% | 4h | 0.05831 | −9.737% | $5.1M | $84.0M | 25x | as long as short |
Kraken Futures PF_ZETAUSD
BloFin ZETA-USDT
Binance ZETAUSDT
MEXC ZETA_USDT
BingX ZETA-USDT
Gate ZETA_USDT
KuCoin ZETAUSDTM
Variational Omni ZETA
Bybit ZETAUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid ZETA | −0.0610% | 1h | 0.05837 | −9.644% | $1.6M | $3.9M | 3x | as long as short |
| Injective ZETA/USDC PERPlong | +0.0033% | 1h | 0.06460 | long leg | $1K | $5K | 5.5x | |
| Bitget ZETAUSDT | +0.0100% | 4h | 0.05837 | −9.644% | $2.1M | $62.2M | 50x | as long as short |
Hyperliquid ZETA
Bitget ZETAUSDT