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+0.0164%/8h= +18.0% APRnext payment +$0.82 per $10,000 · paid last 24h −0.085%
Price spread now: OKX against BloFin+0.051%53s7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1091.094% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.112%−$11 on $10k
Price spread, last 4 days (all we have)−0.164%−$16 · spread now +0.051%, 7d avg +0.049%
Together, before fees−0.276%−$28 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.049%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.112%, so the current rate has only just turned in your favour. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ZETA-USDT0.05836−0.0849get 0.0425% / 4h1h 40m$378K$1.3M50x
ShortOKX ZETA-USDT-SWAP0.05839−0.0685pay 0.0342% / 4h1h 40m$1.2M$45.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against BloFin. 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
$34.52
Price spread: +0.051% → +0.049%
$0.25
Slippage, 4 orders
−$87.43
Fee BloFin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$74.65
Costs to cover
1.094%
Break-even
22.1 days
Slippage from BloFin: live order book, 2 min ago; OKX: live order book, 3 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 BloFin live order book, 2 min ago6.02 bp23.7 bp −$2485.9 bp −$859doesn't fitdoesn't fit
Sell OKX live order book, 3 min ago5.11 bp29.3 bp −$29125.0 bp −$1,250doesn'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%1h0.05840+0.063%$53K$707K10xas long as short
Variational Omni ZETA−0.1572%4h0.05836+0.008%$110K$676Kas long as short
Bybit ZETAUSDT−0.1417%4h0.05842+0.103%$4.9M$84.6M25xas long as short
Gate ZETA_USDT−0.1240%4h0.05838+0.034%$638K$8.7M25xas long as short
BloFin ZETA-USDTlong−0.0849%4h0.05836long leg$378K$1.3M50x
Binance ZETAUSDT−0.0821%4h0.05836−0.001%$7.8M$321.3M50xas long as short
MEXC ZETA_USDT−0.0810%4h0.05837+0.017%$1.2M$10.8M50xas long as short
KuCoin ZETAUSDTM−0.0714%4h0.05837+0.017%$1.2M$5.0M20xas long as short
OKX ZETA-USDT-SWAPshort−0.0685%4h0.05839+0.051%$1.2M$45.8M20x
Hyperliquid ZETA−0.0131%1h0.058360.000%$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+10.692%$1K$1K5.5xas long as short
Bitget ZETAUSDT+0.0100%4h0.05846+0.171%$2.3M$61.9M50xas long as short
BingX ZETA-USDT+0.0100%4h0.05835−0.017%$7.6Mas long as short