ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.1519%/8h= −166.3% APRnext payment −$7.59 per $10,000 · paid last 24h −0.123%

Price spread now: Variational Omni against BingX−0.075%7-day average −0.089% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on BingX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.142%−$14 on $10k

Price spread, last 4 days (all we have)+0.094%+$9 · spread now −0.075%, 7d avg −0.089%

Together, before fees−0.048%+ Points / potential airdropVariational Omni: Active · farm board−$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.089%, so right now this pair is about funding alone: −$46 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.142% in total (about -14.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.59 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX ZETA-USDT	0.05907	0.0100	pay 0.0050% / 4h	2h 29m	—	$7.8M	—
Short	Variational Omni ZETA	0.05903	−0.1419	pay 0.0709% / 4h	2h 29m	$111K	$689K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against BingX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 BingXbpFee Variational OmnibpOrdersPrice spread, now −0.075%Rate

Funding earned: −$318.95
Price spread: −0.075% → −0.089%: $1.41
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$327.54
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: BingX: live order book, 9 min ago; Variational Omni: RFQ quote, 20 min ago. Net counts fees only.

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 BingX live order book, 9 min ago	1.69 bp	15.8 bp −$16	54.4 bp −$544	455.3 bp −$45.5K	738.9 bp −$369.5K
Sell Variational Omni RFQ quote, 20 min ago	5.94 bp	doesn't fit	75.5 bp −$755	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	−0.2816%	1h	0.05914	+0.124%	$54K	$723K	10x	as long as short
Bybit ZETAUSDT	−0.2027%	4h	0.05908	+0.017%	$5.0M	$89.3M	25x	as long as short
Variational Omni ZETAshort	−0.1419%	4h	0.05903	−0.075%	$111K	$689K	—
Gate ZETA_USDT	−0.1248%	4h	0.05911	+0.068%	$649K	$9.5M	25x	as long as short
KuCoin ZETAUSDTM	−0.0586%	4h	0.05915	+0.135%	$1.2M	$5.3M	20x	as long as short
BloFin ZETA-USDT	−0.0578%	4h	0.05925	+0.305%	$391K	$1.3M	50x	as long as short
Binance ZETAUSDT	−0.0558%	4h	0.05901	−0.103%	$7.9M	$340.0M	50x	as long as short
MEXC ZETA_USDT	−0.0556%	4h	0.05908	+0.017%	$1.2M	$11.9M	50x	as long as short
OKX ZETA-USDT-SWAP	−0.0523%	4h	0.05904	−0.051%	$1.2M	$49.4M	20x	as long as short
Hyperliquid ZETA	−0.0299%	1h	0.05907	0.000%	$1.7M	$3.7M	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	+9.362%	$1K	$1K	5.5x	as long as short
Bitget ZETAUSDT	+0.0100%	4h	0.05906	−0.017%	$2.3M	$65.8M	50x	as long as short
BingX ZETA-USDTlong	+0.0100%	4h	0.05907	long leg	—	$7.8M	—