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

ZETA

all ZETA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0107%/8h= +11.8% APRnext payment +$0.54 per $10,000 · paid last 24h −0.055%
Price spread now: KuCoin against Binance−0.051%7-day average +0.108% · you buy dearer than you sell
Net, funding: paid 7d − costs−$198as in the Funding arb table
Net, price: spread back to 7d avg − costs−$204as in the Price arb table
costs, in and out, $10k−$1881.881% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.100%−$10 on $10k
Price spread, last 7 days+0.113%+$11 · spread now −0.051%, 7d avg +0.108%
Together, before fees+0.013%+$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.159% cheaper against Binance than usual: you would sell low and buy high (spread −0.051% now, against its 7-day average of +0.108%). If the spread goes back, that is −$16 on $10k: about 4.9 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.100%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ZETAUSDT0.05844−0.0821get 0.0411% / 4h1h 40m$7.8M$321.4M50x
ShortKuCoin ZETAUSDTM0.05841−0.0714pay 0.0357% / 4h1h 40m$1.2M$5.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$22.54
Price spread: −0.051% → +0.108%
−$15.93
Slippage, 4 orders
−$166.1
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$181.49
Costs to cover
1.881%
Break-even
63.4 days
Slippage from Binance: live order book, 3 min ago; KuCoin: live order book, 8 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, 3 min ago1.70 bp20.2 bp −$20103.4 bp −$1,034doesn't fitdoesn't fit
Sell KuCoin live order book, 8 min ago11.95 bp62.0 bp −$62doesn'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
Kraken Futures PF_ZETAUSD−0.3583%1h0.05839−0.081%$53K$707K10xas long as short
Variational Omni ZETA−0.1572%4h0.05836−0.129%$110K$676Kas long as short
Bybit ZETAUSDT−0.1417%4h0.05846+0.034%$4.9M$84.6M25xas long as short
Gate ZETA_USDT−0.1240%4h0.05838−0.103%$638K$8.7M25xas long as short
BloFin ZETA-USDT−0.0849%4h0.05836−0.137%$378K$1.3M50xas long as short
Binance ZETAUSDTlong−0.0821%4h0.05844long leg$7.8M$321.4M50x
MEXC ZETA_USDT−0.0810%4h0.05839−0.086%$1.2M$10.8M50xas long as short
KuCoin ZETAUSDTMshort−0.0714%4h0.05841−0.051%$1.2M$5.0M20x
OKX ZETA-USDT-SWAP−0.0685%4h0.05843−0.017%$1.2M$45.8M20xas long as short
Hyperliquid ZETA−0.0131%1h0.05836−0.137%$1.6M$3.4M3xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ZETA/USDC PERP+0.0033%1h0.06460+10.541%$1K$1K5.5xas long as short
Bitget ZETAUSDT+0.0100%4h0.05846+0.034%$2.3M$61.9M50xas long as short
BingX ZETA-USDT+0.0100%4h0.05835−0.154%$7.6Mas long as short