ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0115%/8h= −12.6% APRnext payment −$0.58 per $10,000 · paid last 24h −0.007%

Price spread now: OKX against KuCoin−0.155%7-day average −0.100% · you buy dearer than you sell

Net, funding: paid 7d − costs−$182as in the Funding arb table

Net, price: spread back to 7d avg − costs−$188as in the Price arb table

costs, in and out, $10k−$1821.821% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.004%$0 on $10k

Price spread, last 7 days+0.136%+$14 · spread now −0.155%, 7d avg −0.100%

Together, before fees+0.132%+$13 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and OKX is 0.055% cheaper against KuCoin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.100%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ZETAUSDTM	0.05819	−0.0578	get 0.0289% / 4h	3h 42m	$970K	$4.5M	20x
Short	OKX ZETA-USDT-SWAP	0.05810	−0.0693	pay 0.0347% / 4h	3h 42m	$1.1M	$40.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.155%Rate

Funding earned: −$24.23
Price spread: −0.155% → −0.100%: −$5.45
Slippage, 4 orders: −$160.11
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$211.79
Costs to cover: 1.821%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; OKX: live order book, 1 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	10.29 bp	66.8 bp −$67	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 1 min ago	1.72 bp	20.6 bp −$21	100.4 bp −$1,004	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	−0.3687%	1h	0.05809	−0.170%	$56K	$616K	10x	as long as short
Bybit ZETAUSDT	−0.1741%	4h	0.05814	−0.086%	$4.7M	$77.7M	25x	as long as short
Variational Omni ZETA	−0.1603%	4h	0.05820	+0.018%	$120K	$586K	—	as long as short
Gate ZETA_USDT	−0.1328%	4h	0.05807	−0.206%	$583K	$7.1M	25x	as long as short
BloFin ZETA-USDT	−0.1035%	4h	0.05804	−0.258%	$357K	$1.2M	50x	as long as short
Binance ZETAUSDT	−0.1015%	4h	0.05809	−0.163%	$7.5M	$290.2M	50x	as long as short
MEXC ZETA_USDT	−0.1014%	4h	0.05809	−0.172%	$1.2M	$9.8M	50x	as long as short
OKX ZETA-USDT-SWAPshort	−0.0693%	4h	0.05810	−0.155%	$1.1M	$40.9M	20x
KuCoin ZETAUSDTMlong	−0.0578%	4h	0.05819	long leg	$970K	$4.5M	20x
Hyperliquid ZETA	−0.0035%	1h	0.05809	−0.172%	$1.6M	$3.1M	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	+11.016%	$1K	$1K	5.5x	as long as short
Bitget ZETAUSDT	+0.0100%	4h	0.05814	−0.086%	$2.5M	$56.9M	50x	as long as short
BingX ZETA-USDT	+0.0100%	4h	0.05810	−0.155%	—	$7.2M	—	as long as short