ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0242%/8h= +26.5% APRnext payment +$1.21 per $10,000 · paid last 24h +0.071%

Price spread now: Binance against OKX+0.359%7-day average −0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$78as in the Funding arb table

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$890.888% of the position

Long on OKX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.104%+$10 on $10k

Price spread, last 7 days−0.383%−$38 · spread now +0.359%, 7d avg −0.011%

Together, before fees−0.279%−$28 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Binance is 0.371% dearer against OKX than usual: you sell high and buy low: +$37 more if the spread goes back to its 7-day average of −0.011%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.104% in total (about 5.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.21 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	OKX ZETA-USDT-SWAP	0.06156	−0.1262	get 0.0631% / 4h	25m 01s	$1.3M	$60.1M	20x
Short	Binance ZETAUSDT	0.06178	−0.1020	pay 0.0510% / 4h	25m 01s	$9.0M	$378.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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 OKXbpFee BinancebpOrdersPrice spread, now +0.359%Rate

Funding earned: $50.74
Price spread: +0.359% → −0.011%: $37.06
Slippage, 4 orders: −$68.76
Fee OKX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$0.97
Costs to cover: 0.888%
Break-even: 7.1 days

Slippage from OKX: live order book, 4 min ago; Binance: live order book, 4 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 OKX live order book, 4 min ago	2.38 bp	17.3 bp −$17	128.5 bp −$1,285	doesn't fit	doesn't fit
Sell Binance live order book, 4 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	−0.2282%	1h	0.06149	−0.119%	$49K	$734K	10x	as long as short
KuCoin ZETAUSDTM	−0.1446%	4h	0.06157	+0.016%	$1.3M	$6.1M	20x	as long as short
Variational Omni ZETA	−0.1322%	4h	0.06218	+1.013%	$121K	$779K	—	as long as short
OKX ZETA-USDT-SWAPlong	−0.1262%	4h	0.06156	long leg	$1.3M	$60.1M	20x
Gate ZETA_USDT	−0.1210%	4h	0.06161	+0.081%	$641K	$11.2M	25x	as long as short
BloFin ZETA-USDT	−0.1048%	4h	0.06154	−0.032%	$457K	$1.4M	50x	as long as short
MEXC ZETA_USDT	−0.1028%	4h	0.06188	+0.520%	$1.2M	$12.9M	50x	as long as short
Binance ZETAUSDTshort	−0.1020%	4h	0.06178	+0.359%	$9.0M	$378.2M	50x
Bybit ZETAUSDT	−0.0832%	4h	0.06158	+0.032%	$5.4M	$97.3M	25x	as long as short
Injective ZETA/USDC PERP	+0.0033%	1h	0.06460	+4.938%	$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	+0.0082%	1h	0.06165	+0.146%	$1.7M	$4.2M	3x	as long as short
Bitget ZETAUSDT	+0.0100%	4h	0.06167	+0.179%	$2.4M	$73.6M	50x	as long as short
BingX ZETA-USDT	+0.0100%	4h	0.06186	+0.487%	—	$8.1M	—	as long as short