ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0019%/8h= −2.0% APRnext payment −$0.09 per $10,000 · paid last 24h −0.071%

Price spread now: OKX against Binance+0.039%7-day average −0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$94as in the Funding arb table

Net, price: spread back to 7d avg − costs−$78as in the Price arb table

costs, in and out, $10k−$830.833% of the position

Long on Binance Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.104%−$10 on $10k

Price spread, last 4 days (all we have)+0.014%+$1 · spread now +0.039%, 7d avg −0.015%

Together, before fees−0.090%−$9 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.054% dearer against Binance than usual: you sell high and buy low (spread +0.039% now, against its 7-day average of −0.015%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9.7 days. At the pace of the last 7 days (−0.104% in total) that is about 3.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ZETAUSDT	0.05754	−0.1914	get 0.0957% / 4h	2h 39m	$7.9M	$340.1M	50x
Short	OKX ZETA-USDT-SWAP	0.05756	−0.1933	pay 0.0967% / 4h	2h 39m	$1.1M	$50.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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

Position, each leg$Hold fordaysFee BinancebpFee OKXbpOrdersPrice spread, now +0.039%Rate

Funding earned: −$3.89
Price spread: +0.039% → −0.015%: $5.42
Slippage, 4 orders: −$63.33
Fee Binance: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$81.81
Costs to cover: 0.833%
Break-even: never at this rate

Slippage from Binance: live order book, 5 min ago; OKX: live order book, 5 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, 5 min ago	1.65 bp	15.3 bp −$15	68.0 bp −$680	490.6 bp −$49.1K	doesn't fit
Sell OKX live order book, 5 min ago	4.11 bp	25.1 bp −$25	73.6 bp −$736	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
KuCoin ZETAUSDTM	−0.1936%	4h	0.05759	+0.091%	$1.1M	$5.6M	20x	as long as short
BloFin ZETA-USDT	−0.1933%	4h	0.05766	+0.213%	$379K	$1.2M	50x	as long as short
OKX ZETA-USDT-SWAPshort	−0.1933%	4h	0.05756	+0.039%	$1.1M	$50.7M	20x
MEXC ZETA_USDT	−0.1916%	4h	0.05754	+0.004%	$1.1M	$12.3M	50x	as long as short
Binance ZETAUSDTlong	−0.1914%	4h	0.05754	long leg	$7.9M	$340.1M	50x
BingX ZETA-USDT	−0.1848%	4h	0.05760	+0.108%	—	$7.3M	—	as long as short
Gate ZETA_USDT	−0.1700%	4h	0.05758	+0.073%	$587K	$10.5M	25x	as long as short
Variational Omni ZETA	−0.1317%	4h	0.05903	+2.595%	$114K	$757K	—	as long as short
Kraken Futures PF_ZETAUSD	−0.0981%	1h	0.05758	+0.075%	$47K	$718K	10x	as long as short
Bybit ZETAUSDT	−0.0435%	4h	0.05760	+0.108%	$5.1M	$87.8M	25x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ZETA	−0.0162%	1h	0.05753	−0.013%	$1.6M	$3.9M	3x	as long as short
Injective ZETA/USDC PERP	+0.0033%	1h	0.06460	+12.274%	$1K	$5K	5.5x	as long as short
Bitget ZETAUSDT	+0.0100%	4h	0.05761	+0.126%	$2.2M	$65.7M	50x	as long as short