Funding you earn now, next payment 04:00 UTC−0.0417%/8h= −45.6% APRnext payment −$2.08 per $10,000 · paid last 24h +0.071%
Price spread now: BingX against Variational Omni+0.130%7-day average +0.084% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.089%+$9 on $10k
+Price spread, last 4 days (all we have)−0.290%−$29 · spread now +0.130%, 7d avg +0.084%
=Together, before fees−0.201%+ Points / potential airdropVariational Omni: Active · farm board−$20 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BingX is 0.045% dearer against Variational Omni than usual: you sell high and buy low (spread +0.130% now, against its 7-day average of +0.084%): +$5 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 9 hours. Mind the row above: over the last 3 days funding on this pair paid +0.089%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.089% in total (about 9.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.08 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 | Variational Omni ZETA | 0.05785 | −0.1485 | get 0.0743% / 4h | 2h 05m | $111K | $757K | — |
| Short | BingX ZETA-USDT | 0.05793 | −0.1902 | pay 0.0951% / 4h | 2h 05m | — | $7.5M | — |
Variational Omni ZETA
BingX ZETA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Variational Omni. 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
- −$87.5
- Price spread: +0.130% → +0.084%
- $4.54
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$92.96
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 63 min ago; BingX: live order book, 2 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 Variational Omni RFQ quote, 63 min ago | 7.69 bp | doesn't fit | 108.5 bp −$1,085 | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 3.44 bp | 14.6 bp −$15 | 39.6 bp −$396 | 313.0 bp −$31.3K | 666.1 bp −$333.1K |
ZETA on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZETAUSDTM | −0.2086% | 4h | 0.05789 | +0.061% | $1.1M | $5.6M | 20x | as long as short |
| OKX ZETA-USDT-SWAP | −0.2004% | 4h | 0.05800 | +0.251% | $1.1M | $51.9M | 20x | as long as short |
| MEXC ZETA_USDT | −0.1926% | 4h | 0.05792 | +0.113% | $1.1M | $12.3M | 50x | as long as short |
| Binance ZETAUSDT | −0.1921% | 4h | 0.05801 | +0.268% | $8.0M | $345.5M | 50x | as long as short |
| BingX ZETA-USDTshort | −0.1902% | 4h | 0.05793 | +0.130% | — | $7.5M | — | |
| Gate ZETA_USDT | −0.1626% | 4h | 0.05801 | +0.268% | $587K | $10.6M | 25x | as long as short |
| Variational Omni ZETAlong | −0.1485% | 4h | 0.05785 | long leg | $111K | $757K | — | |
| Kraken Futures PF_ZETAUSD | −0.0976% | 1h | 0.05789 | +0.064% | $48K | $719K | 10x | as long as short |
| Bybit ZETAUSDT | −0.0886% | 4h | 0.05797 | +0.199% | $5.1M | $89.3M | 25x | as long as short |
| Hyperliquid ZETA | −0.0741% | 1h | 0.05786 | +0.009% | $1.6M | $4.0M | 3x | as long as short |
KuCoin ZETAUSDTM
OKX ZETA-USDT-SWAP
MEXC ZETA_USDT
Binance ZETAUSDT
Gate ZETA_USDT
Kraken Futures PF_ZETAUSD
Bybit ZETAUSDT
Hyperliquid ZETAShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective ZETA/USDC PERP | +0.0033% | 1h | 0.06460 | +11.659% | $1K | $5K | 5.5x | as long as short |
| Bitget ZETAUSDT | +0.0100% | 4h | 0.05803 | +0.303% | $2.3M | $66.6M | 50x | as long as short |
Injective ZETA/USDC PERP
Bitget ZETAUSDT