Funding you earn now, next payment 12:00 UTC−0.0541%/8h= −59.3% APRnext payment −$2.71 per $10,000 · paid last 24h −0.109%
Price spread now: Variational Omni against Bybit+0.091%7-day average −0.073% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.160%−$16 on $10k
+Price spread, last 4 days (all we have)−0.078%−$8 · spread now +0.091%, 7d avg −0.073%
=Together, before fees−0.238%+ Points / potential airdropVariational Omni: Active · farm board−$24 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.164% dearer against Bybit than usual: you sell high and buy low (spread +0.091% now, against its 7-day average of −0.073%): +$16 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 24 hours. At the pace of the last 4 days (−0.160% in total) that is about 3.9 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.160% in total (about -15.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.71 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ZETAUSDT | 0.05567 | −0.0981 | get 0.0491% / 4h | 1h 06m | $4.3M | $64.2M | 25x |
| Short | Variational Omni ZETA | 0.05572 | −0.1523 | pay 0.0761% / 4h | 1h 06m | $119K | $403K | — |
Bybit ZETAUSDT
Variational Omni ZETAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Bybit. 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
- −$113.68
- Price spread: +0.091% → −0.073%
- $16.38
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$108.3
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Bybit: live order book, 6 min ago; Variational Omni: RFQ quote, 41 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 Bybit live order book, 6 min ago | 3.59 bp | 26.4 bp −$26 | 132.0 bp −$1,320 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 41 min ago | 6.18 bp | doesn't fit | 87.4 bp −$874 | doesn't fit | doesn't fit |
ZETA on 13 exchanges
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 | −0.2127% | 1h | 0.05581 | +0.245% | $55K | $508K | 10x | as long as short |
| Variational Omni ZETAshort | −0.1523% | 4h | 0.05572 | +0.091% | $119K | $403K | — | |
| Gate ZETA_USDT | −0.1040% | 4h | 0.05581 | +0.251% | $512K | $6.1M | 25x | as long as short |
| BloFin ZETA-USDT | −0.0998% | 4h | 0.05575 | +0.144% | $323K | $1.0M | 50x | as long as short |
| Binance ZETAUSDT | −0.0992% | 4h | 0.05571 | +0.070% | $6.8M | $238.0M | 50x | as long as short |
| MEXC ZETA_USDT | −0.0992% | 4h | 0.05577 | +0.180% | $1.2M | $8.0M | 50x | as long as short |
| Bybit ZETAUSDTlong | −0.0981% | 4h | 0.05567 | long leg | $4.3M | $64.2M | 25x | |
| OKX ZETA-USDT-SWAP | −0.0624% | 4h | 0.05567 | 0.000% | $990K | $32.4M | 20x | as long as short |
| KuCoin ZETAUSDTM | −0.0592% | 4h | 0.05593 | +0.467% | $935K | $3.6M | 20x | as long as short |
| Hyperliquid ZETA | −0.0494% | 1h | 0.05576 | +0.162% | $1.5M | $2.8M | 3x | as long as short |
Kraken Futures PF_ZETAUSD
Gate ZETA_USDT
BloFin ZETA-USDT
Binance ZETAUSDT
MEXC ZETA_USDT
OKX ZETA-USDT-SWAP
KuCoin ZETAUSDTM
Hyperliquid ZETAShow all 13 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ZETAUSDT | −0.0260% | 4h | 0.05576 | +0.162% | $2.1M | $48.0M | 50x | as long as short |
| BingX ZETA-USDT | −0.0170% | 4h | 0.05578 | +0.198% | — | $6.5M | — | as long as short |
| Injective ZETA/USDC PERP | +0.0033% | 1h | 0.06460 | +16.041% | $1K | $1K | 5.5x | as long as short |
Bitget ZETAUSDT
BingX ZETA-USDT
Injective ZETA/USDC PERP