Funding you earn now, next payment 12:00 UTC+0.0588%/8h= +64.4% APRnext payment +$2.94 per $10,000 · paid last 24h +0.011%
Price spread now: Gate against Variational Omni−0.872%7-day average +0.124% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.099%+$10 on $10k
+Price spread, last 4 days (all we have)+0.958%+$96 · spread now −0.872%, 7d avg +0.124%
=Together, before fees+1.058%+ Points / potential airdropVariational Omni: Active · farm board+$106 on $10k · with fees, hour by hour
Funding pays, the price is against you. Gate is 0.996% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.872% now, against its 7-day average of +0.124%). If the spread goes back, that is −$100 on $10k: about 5.6 days of funding at the current rate (+$18 a day). At the pace of the last 4 days (+0.099% in total) that is about 38 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.099% in total (about 9.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.94 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 | Variational Omni ZETA | 0.05512 | −0.1618 | get 0.0809% / 4h | 52m 44s | $118K | $398K | — |
| Short | Gate ZETA_USDT | 0.05464 | −0.1030 | pay 0.0515% / 4h | 52m 44s | $511K | $5.9M | 25x |
Variational Omni ZETA
Gate ZETA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $123.56
- Price spread: −0.872% → +0.124%
- −$99.55
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $9
- Costs to cover
- 0.150%
- Break-even
- 6.5 days
Slippage unknown: Variational Omni: RFQ quote, 54 min ago; Gate: live order book, 4 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, 54 min ago | 6.18 bp | doesn't fit | 158.0 bp −$1,580 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 6.36 bp | 57.5 bp −$58 | 291.7 bp −$2,917 | 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 | −0.3206% | 1h | 0.05461 | −0.921% | $54K | $493K | 10x | as long as short |
| Variational Omni ZETAlong | −0.1618% | 4h | 0.05512 | long leg | $118K | $398K | — | |
| BloFin ZETA-USDT | −0.1064% | 4h | 0.05432 | −1.452% | $318K | $979K | 50x | as long as short |
| Binance ZETAUSDT | −0.1036% | 4h | 0.05457 | −0.999% | $6.6M | $236.0M | 50x | as long as short |
| MEXC ZETA_USDT | −0.1036% | 4h | 0.05462 | −0.908% | $1.1M | $7.2M | 50x | as long as short |
| Gate ZETA_USDTshort | −0.1030% | 4h | 0.05464 | −0.872% | $511K | $5.9M | 25x | |
| Bybit ZETAUSDT | −0.1029% | 4h | 0.05456 | −1.017% | $4.3M | $63.8M | 25x | as long as short |
| OKX ZETA-USDT-SWAP | −0.0656% | 4h | 0.05455 | −1.035% | $980K | $31.4M | 20x | as long as short |
| KuCoin ZETAUSDTM | −0.0614% | 4h | 0.05456 | −1.017% | $913K | $3.5M | 20x | as long as short |
| Bitget ZETAUSDT | −0.0278% | 4h | 0.05456 | −1.017% | $2.0M | $47.5M | 50x | as long as short |
Kraken Futures PF_ZETAUSD
BloFin ZETA-USDT
Binance ZETAUSDT
MEXC ZETA_USDT
Bybit ZETAUSDT
OKX ZETA-USDT-SWAP
KuCoin ZETAUSDTM
Bitget ZETAUSDTShow all 13 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ZETA-USDT | −0.0198% | 4h | 0.05456 | −1.017% | — | $6.5M | — | as long as short |
| Hyperliquid ZETA | −0.0006% | 1h | 0.05461 | −0.926% | $1.4M | $2.8M | 3x | as long as short |
| Injective ZETA/USDC PERP | +0.0033% | 1h | 0.06460 | +17.198% | $1K | $1K | 5.5x | as long as short |
BingX ZETA-USDT
Hyperliquid ZETA
Injective ZETA/USDC PERP