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

ZETA

all ZETA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0036%/8h= +3.9% APRnext payment +$0.18 per $10,000 · paid last 24h +0.002%
Price spread now: BloFin against Binance+0.280%61s7-day average −0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$660.657% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.008%+$1 on $10k
Price spread, last 3 days (all we have)−0.034%−$3 · spread now +0.280%, 7d avg −0.061%
Together, before fees−0.025%−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.342% dearer against Binance than usual: you sell high and buy low: +$34 more if the spread goes back to its 7-day average of −0.061%. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ZETAUSDT0.05986−0.0887get 0.0443% / 4h42m 13s$8.5M$308.7M50x
ShortBloFin ZETA-USDT0.06003−0.0851pay 0.0425% / 4h42m 13s$415K$1.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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
$7.47
Price spread: +0.280% → −0.061%
$34.18
Slippage, 4 orders
−$43.71
Fee Binance: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$24.05
Costs to cover
0.657%
Break-even
29.5 days
Slippage from Binance: live order book, 1 min ago; BloFin: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 1 min ago0.83 bp16.1 bp −$1655.4 bp −$554doesn't fitdoesn't fit
Sell BloFin live order book, 5 min ago3.34 bp20.2 bp −$2051.8 bp −$518doesn'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
Gate ZETA_USDT−0.1386%4h0.05983−0.054%$626K$9.5M25xas long as short
Binance ZETAUSDTlong−0.0887%4h0.05986long leg$8.5M$308.7M50x
MEXC ZETA_USDT−0.0886%4h0.05986−0.004%$1.4M$11.7M50xas long as short
BloFin ZETA-USDTshort−0.0851%4h0.06003+0.280%$415K$1.0M50x
BingX ZETA-USDT−0.0832%4h0.05975−0.187%$6.8Mas long as short
OKX ZETA-USDT-SWAP−0.0820%4h0.05978−0.137%$1.2M$46.7M20xas long as short
Variational Omni ZETA−0.0662%4h0.05990+0.059%$137K$712Kas long as short
KuCoin ZETAUSDTM−0.0642%4h0.05991+0.080%$1.1M$5.2M20xas long as short
Bybit ZETAUSDT−0.0434%4h0.05970−0.271%$5.3M$79.4M25xas long as short
Hyperliquid ZETA−0.0275%1h0.05985−0.020%$1.7M$3.8M3xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZETAUSD−0.0187%1h0.05983−0.060%$68K$645K10xas long as short
Injective ZETA/USDC PERP+0.0033%1h0.06460+7.915%$1K$5K5.5xas long as short
Bitget ZETAUSDT+0.0100%4h0.05982−0.070%$2.3M$58.5M50xas long as short