Funding you earn now, next payment 08:00 UTC−0.0072%/8h= −7.8% APRnext payment −$0.36 per $10,000 · paid last 24h +0.028%
Price spread now: KuCoin against OKX+0.017%7-day average +0.098% · you sell dearer than you buy
Net, funding: paid 7d − costs−$172as in the Funding arb table
Net, price: spread back to 7d avg − costs−$179as in the Price arb table
costs, in and out, $10k−$1711.713% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 7 days+0.106%+$11 · spread now +0.017%, 7d avg +0.098%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and KuCoin is 0.081% cheaper against OKX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.098%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ZETA-USDT-SWAP | 0.05906 | −0.0778 | get 0.0389% / 4h | 3h 47m | $1.2M | $54.5M | 20x |
| Short | KuCoin ZETAUSDTM | 0.05907 | −0.0850 | pay 0.0425% / 4h | 3h 47m | $1.2M | $5.8M | 20x |
OKX ZETA-USDT-SWAP
KuCoin ZETAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against OKX. 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
- −$15.04
- Price spread: +0.017% → +0.098%
- −$8.12
- Slippage, 4 orders
- −$149.29
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$194.44
- Costs to cover
- 1.713%
- Break-even
- never at this rate
Slippage from OKX: live order book, 1 min ago; KuCoin: live order book, just now.
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, 1 min ago | 4.24 bp | 25.5 bp −$25 | 117.4 bp −$1,174 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, just now | 7.62 bp | 53.4 bp −$53 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ZETA | −0.0896% | 4h | 0.05928 | +0.380% | $115K | $756K | — | as long as short |
| KuCoin ZETAUSDTMshort | −0.0850% | 4h | 0.05907 | +0.017% | $1.2M | $5.8M | 20x | |
| Gate ZETA_USDT | −0.0814% | 4h | 0.05900 | −0.102% | $601K | $9.9M | 25x | as long as short |
| OKX ZETA-USDT-SWAPlong | −0.0778% | 4h | 0.05906 | long leg | $1.2M | $54.5M | 20x | |
| Kraken Futures PF_ZETAUSD | −0.0688% | 1h | 0.05901 | −0.084% | $49K | $732K | 10x | as long as short |
| MEXC ZETA_USDT | −0.0606% | 4h | 0.05905 | −0.017% | $1.2M | $12.9M | 50x | as long as short |
| Binance ZETAUSDT | −0.0598% | 4h | 0.05906 | 0.000% | $8.0M | $367.6M | 50x | as long as short |
| BloFin ZETA-USDT | −0.0596% | 4h | 0.05864 | −0.711% | $401K | $1.4M | 50x | as long as short |
| Bybit ZETAUSDT | −0.0238% | 4h | 0.05903 | −0.051% | $4.9M | $95.2M | 25x | as long as short |
| Injective ZETA/USDC PERP | +0.0033% | 1h | 0.06460 | +9.380% | $1K | $1K | 5.5x | as long as short |
Variational Omni ZETA
Gate ZETA_USDT
Kraken Futures PF_ZETAUSD
MEXC ZETA_USDT
Binance ZETAUSDT
BloFin ZETA-USDT
Bybit ZETAUSDT
Injective ZETA/USDC PERPShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid ZETA | +0.0100% | 1h | 0.05904 | −0.034% | $1.6M | $3.9M | 3x | as long as short |
| Bitget ZETAUSDT | +0.0100% | 4h | 0.05907 | +0.017% | $2.3M | $71.5M | 50x | as long as short |
| BingX ZETA-USDT | +0.0100% | 4h | 0.05905 | −0.017% | — | $8.0M | — | as long as short |
Hyperliquid ZETA
Bitget ZETAUSDT
BingX ZETA-USDT