ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0407%/8h= +44.6% APRnext payment +$2.04 per $10,000 · paid last 24h +0.038%

Price spread now: Binance against KuCoin+0.455%7-day average −0.109% · you sell dearer than you buy

Net, funding: paid 7d − costs−$190as in the Funding arb table

Net, price: spread back to 7d avg − costs−$143as in the Price arb table

costs, in and out, $10k−$1991.995% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.092%+$9 on $10k

Price spread, last 7 days−0.625%−$63 · spread now +0.455%, 7d avg −0.109%

Together, before fees−0.533%−$53 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Binance is 0.565% dearer against KuCoin than usual: you sell high and buy low: +$56 more if the spread goes back to its 7-day average of −0.109%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.092% in total (about 4.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.04 per $10,000. 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	KuCoin ZETAUSDTM	0.06107	−0.1394	get 0.0697% / 4h	22m 37s	$1.3M	$6.1M	20x
Short	Binance ZETAUSDT	0.06135	−0.0987	pay 0.0493% / 4h	22m 37s	$8.6M	$379.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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 KuCoinbpFee BinancebpOrdersPrice spread, now +0.455%Rate

Funding earned: $85.49
Price spread: +0.455% → −0.109%: $56.5
Slippage, 4 orders: −$177.46
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$57.47
Costs to cover: 1.995%
Break-even: 11.7 days

Slippage from KuCoin: live order book, 5 min ago; Binance: live order book, 6 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 KuCoin live order book, 5 min ago	7.96 bp	93.9 bp −$94	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 6 min ago	1.58 bp	15.1 bp −$15	37.1 bp −$371	425.0 bp −$42.5K	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	−0.2301%	1h	0.06097	−0.165%	$51K	$736K	10x	as long as short
KuCoin ZETAUSDTMlong	−0.1394%	4h	0.06107	long leg	$1.3M	$6.1M	20x
Variational Omni ZETA	−0.1322%	4h	0.06218	+1.823%	$121K	$779K	—	as long as short
OKX ZETA-USDT-SWAP	−0.1227%	4h	0.06102	−0.082%	$1.3M	$59.7M	20x	as long as short
Gate ZETA_USDT	−0.1130%	4h	0.06113	+0.098%	$633K	$11.2M	25x	as long as short
Binance ZETAUSDTshort	−0.0987%	4h	0.06135	+0.455%	$8.6M	$379.2M	50x
MEXC ZETA_USDT	−0.0986%	4h	0.06107	0.000%	$1.3M	$13.0M	50x	as long as short
BloFin ZETA-USDT	−0.0933%	4h	0.06107	0.000%	$453K	$1.4M	50x	as long as short
Bybit ZETAUSDT	−0.0798%	4h	0.06107	0.000%	$5.3M	$97.6M	25x	as long as short
Injective ZETA/USDC PERP	+0.0033%	1h	0.06460	+5.780%	$1K	$3K	5.5x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ZETA	+0.0052%	1h	0.06098	−0.147%	$1.7M	$4.2M	3x	as long as short
Bitget ZETAUSDT	+0.0100%	4h	0.06111	+0.065%	$2.4M	$73.9M	50x	as long as short
BingX ZETA-USDT	+0.0100%	4h	0.06132	+0.409%	—	$8.1M	—	as long as short