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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZETAUSDT | 0.05844 | −0.0821 | get 0.0411% / 4h | 1h 40m | $7.8M | $321.4M | 50x |
| Short | KuCoin ZETAUSDTM | 0.05841 | −0.0714 | pay 0.0357% / 4h | 1h 40m | $1.2M | $5.0M | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 3 min ago | 1.70 bp | 20.2 bp −$20 | 103.4 bp −$1,034 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 8 min ago | 11.95 bp | 62.0 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
ZETA on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZETAUSD | −0.3583% | 1h | 0.05839 | −0.081% | $53K | $707K | 10x | as long as short |
| Variational Omni ZETA | −0.1572% | 4h | 0.05836 | −0.129% | $110K | $676K | — | as long as short |
| Bybit ZETAUSDT | −0.1417% | 4h | 0.05846 | +0.034% | $4.9M | $84.6M | 25x | as long as short |
| Gate ZETA_USDT | −0.1240% | 4h | 0.05838 | −0.103% | $638K | $8.7M | 25x | as long as short |
| BloFin ZETA-USDT | −0.0849% | 4h | 0.05836 | −0.137% | $378K | $1.3M | 50x | as long as short |
| Binance ZETAUSDTlong | −0.0821% | 4h | 0.05844 | long leg | $7.8M | $321.4M | 50x | |
| MEXC ZETA_USDT | −0.0810% | 4h | 0.05839 | −0.086% | $1.2M | $10.8M | 50x | as long as short |
| KuCoin ZETAUSDTMshort | −0.0714% | 4h | 0.05841 | −0.051% | $1.2M | $5.0M | 20x | |
| OKX ZETA-USDT-SWAP | −0.0685% | 4h | 0.05843 | −0.017% | $1.2M | $45.8M | 20x | as long as short |
| Hyperliquid ZETA | −0.0131% | 1h | 0.05836 | −0.137% | $1.6M | $3.4M | 3x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective ZETA/USDC PERP | +0.0033% | 1h | 0.06460 | +10.541% | $1K | $1K | 5.5x | as long as short |
| Bitget ZETAUSDT | +0.0100% | 4h | 0.05846 | +0.034% | $2.3M | $61.9M | 50x | as long as short |
| BingX ZETA-USDT | +0.0100% | 4h | 0.05835 | −0.154% | — | $7.6M | — | as long as short |
Binance ZETAUSDT
KuCoin ZETAUSDTM
Kraken Futures PF_ZETAUSD
Variational Omni ZETA
Bybit ZETAUSDT
Gate ZETA_USDT
BloFin ZETA-USDT
MEXC ZETA_USDT
OKX ZETA-USDT-SWAP
Hyperliquid ZETA
Injective ZETA/USDC PERP
Bitget ZETAUSDT
BingX ZETA-USDT