Funding you earn now, next payment 12:00 UTC−0.1246%/8h= −136.4% APRnext payment −$6.23 per $10,000 · paid last 24h −0.073%
Price spread now: Variational Omni against KuCoin+0.215%7-day average −0.196% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.119%−$12 on $10k
+Price spread, last 4 days (all we have)−0.252%−$25 · spread now +0.215%, 7d avg −0.196%
=Together, before fees−0.371%+ Points / potential airdropVariational Omni: Active · farm board−$37 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.411% dearer against KuCoin than usual: you sell high and buy low (spread +0.215% now, against its 7-day average of −0.196%): +$41 on $10k if it goes back. Holding the pair costs −$37 a day in funding at the current rate, which eats that in about 26 hours. At the pace of the last 4 days (−0.119% in total) that is about 13 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.119% in total (about -11.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.23 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ZETAUSDTM | 0.05732 | −0.0482 | get 0.0241% / 4h | 2h 19m | $962K | $4.0M | 20x |
| Short | Variational Omni ZETA | 0.05744 | −0.1728 | pay 0.0864% / 4h | 2h 19m | $123K | $490K | — |
KuCoin ZETAUSDTM
Variational Omni ZETAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against KuCoin. 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
- −$261.62
- Price spread: +0.215% → −0.196%
- $41.14
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$232.48
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: KuCoin: live order book, 6 min ago; Variational Omni: RFQ quote, 33 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 KuCoin live order book, 6 min ago | 9.60 bp | 69.3 bp −$69 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 33 min ago | 5.21 bp | doesn't fit | 149.3 bp −$1,493 | doesn't fit | doesn't fit |
ZETA on 13 exchanges
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 | −0.3025% | 1h | 0.05734 | +0.039% | $57K | $551K | 10x | as long as short |
| Variational Omni ZETAshort | −0.1728% | 4h | 0.05744 | +0.215% | $123K | $490K | — | |
| Bybit ZETAUSDT | −0.1411% | 4h | 0.05728 | −0.070% | $4.7M | $68.9M | 25x | as long as short |
| Gate ZETA_USDT | −0.1320% | 4h | 0.05730 | −0.035% | $559K | $6.4M | 25x | as long as short |
| Binance ZETAUSDT | −0.0883% | 4h | 0.05729 | −0.045% | $7.2M | $254.1M | 50x | as long as short |
| MEXC ZETA_USDT | −0.0880% | 4h | 0.05730 | −0.035% | $1.3M | $8.9M | 50x | as long as short |
| BloFin ZETA-USDT | −0.0825% | 4h | 0.05715 | −0.297% | $348K | $1.1M | 50x | as long as short |
| OKX ZETA-USDT-SWAP | −0.0637% | 4h | 0.05728 | −0.070% | $1.1M | $35.6M | 20x | as long as short |
| KuCoin ZETAUSDTMlong | −0.0482% | 4h | 0.05732 | long leg | $962K | $4.0M | 20x | |
| Hyperliquid ZETA | −0.0178% | 1h | 0.05730 | −0.035% | $1.6M | $2.9M | 3x | as long as short |
Kraken Futures PF_ZETAUSD
Bybit ZETAUSDT
Gate ZETA_USDT
Binance ZETAUSDT
MEXC ZETA_USDT
BloFin ZETA-USDT
OKX ZETA-USDT-SWAP
Hyperliquid ZETAShow all 13 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective ZETA/USDC PERP | +0.0033% | 1h | 0.06460 | +12.701% | $1K | $1K | 5.5x | as long as short |
| Bitget ZETAUSDT | +0.0100% | 4h | 0.05731 | −0.017% | $2.4M | $51.0M | 50x | as long as short |
| BingX ZETA-USDT | +0.0100% | 4h | 0.05729 | −0.052% | — | $6.8M | — | as long as short |
Injective ZETA/USDC PERP
Bitget ZETAUSDT
BingX ZETA-USDT