Settings8H · net · $10k
Funding arb · Price arb /

ZETA

all ZETA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0200%/8h= +21.9% APRpaid last 24h −0.164%
Price spread now: Kraken Futures against Variational Omni−0.765%7-day average +0.126% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.293%−$29 on $10k
Price spread, last 4 days (all we have)+1.387%+$139 · spread now −0.765%, 7d avg +0.126%
Together, before fees+1.095%+ Points / potential airdropVariational Omni: Active · farm board+$109 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.891% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.765% now, against its 7-day average of +0.126%). If the spread goes back, that is −$89 on $10k: about 15 days of funding at the current rate (+$6 a day). Mind the row above: over the last 4 days funding on this pair cost −0.293%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ZETA0.06014−0.0880get 0.0440% / 4h3h 54m$118K$765K
ShortKraken Futures PF_ZETAUSD0.05968−0.0680pay 0.0085% / 1h54m 31s$49K$732K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$42.06
Price spread: −0.765% → +0.126%
−$89.15
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$57.08
Costs to cover
0.100%
Break-even
16.5 days
Slippage unknown: Variational Omni: RFQ quote, 65 min ago; Kraken Futures: live order book, 64 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 65 min ago8.62 bpdoesn't fit104.3 bp −$1,043doesn't fitdoesn't fit
Sell Kraken Futures live order book, 64 min ago81.89 bp123.6 bp −$124doesn't fitdoesn't fitdoesn't fit

ZETA on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ZETAUSDTM−0.0950%4h0.05964−0.839%$1.2M$5.9M20xas long as short
Variational Omni ZETAlong−0.0880%4h0.06014long leg$118K$765K
OKX ZETA-USDT-SWAP−0.0867%4h0.05963−0.855%$1.3M$56.0M20xas long as short
Kraken Futures PF_ZETAUSDshort−0.0680%1h0.05968−0.765%$49K$732K10x
MEXC ZETA_USDT−0.0660%4h0.05956−0.972%$1.2M$12.8M50xas long as short
Binance ZETAUSDT−0.0660%4h0.05969−0.752%$8.2M$371.3M50xas long as short
BloFin ZETA-USDT−0.0610%4h0.05978−0.606%$404K$1.4M50xas long as short
Hyperliquid ZETA−0.0034%1h0.05961−0.889%$1.7M$3.9M3xas long as short
Gate ZETA_USDT−0.0028%4h0.05957−0.955%$612K$9.9M25xas long as short
Injective ZETA/USDC PERP+0.0033%1h0.06460+7.408%$1K$1K5.5xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ZETAUSDT+0.0067%4h0.05961−0.889%$5.1M$95.8M25xas long as short
Bitget ZETAUSDT+0.0100%4h0.05963−0.855%$2.3M$72.2M50xas long as short
BingX ZETA-USDT+0.0100%4h0.05969−0.756%$8.1Mas long as short