ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0098%/8h= −10.7% APRnext payment −$0.49 per $10,000 · paid last 24h −0.007%

Price spread now: OKX against KuCoin−0.036%7-day average −0.101% · you buy dearer than you sell

Net, funding: paid 7d − costs−$192as in the Funding arb table

Net, price: spread back to 7d avg − costs−$185as in the Price arb table

costs, in and out, $10k−$1921.916% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.004%$0 on $10k

Price spread, last 7 days−0.003%$0 · spread now −0.036%, 7d avg −0.101%

Together, before fees−0.006%−$1 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.065% dearer against KuCoin than usual: you sell high and buy low (spread −0.036% now, against its 7-day average of −0.101%): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.2 days. At the pace of the last 7 days (−0.004% in total) that is about 4 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ZETAUSDTM	0.05569	−0.0438	get 0.0219% / 4h	1h 43m	$931K	$3.8M	20x
Short	OKX ZETA-USDT-SWAP	0.05567	−0.0536	pay 0.0268% / 4h	1h 43m	$992K	$33.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against KuCoin. 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 KuCoinbpFee OKXbpOrdersPrice spread, now −0.036%Rate

Funding earned: −$20.54
Price spread: −0.036% → −0.101%: $6.51
Slippage, 4 orders: −$169.63
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$205.65
Costs to cover: 1.916%
Break-even: never at this rate

Slippage from KuCoin: live order book, 2 min ago; OKX: live order book, 4 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 KuCoin live order book, 2 min ago	11.50 bp	78.1 bp −$78	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	2.65 bp	25.1 bp −$25	108.3 bp −$1,083	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	−0.2132%	1h	0.05569	+0.008%	$55K	$523K	10x	as long as short
Variational Omni ZETA	−0.1537%	4h	0.05665	+1.716%	$121K	$430K	—	as long as short
BloFin ZETA-USDT	−0.0930%	4h	0.05641	+1.293%	$336K	$1.1M	50x	as long as short
Bybit ZETAUSDT	−0.0925%	4h	0.05574	+0.090%	$4.4M	$66.2M	25x	as long as short
Binance ZETAUSDT	−0.0879%	4h	0.05574	+0.090%	$6.8M	$244.6M	50x	as long as short
MEXC ZETA_USDT	−0.0878%	4h	0.05572	+0.054%	$1.2M	$7.9M	50x	as long as short
Gate ZETA_USDT	−0.0814%	4h	0.05582	+0.233%	$537K	$6.0M	25x	as long as short
OKX ZETA-USDT-SWAPshort	−0.0536%	4h	0.05567	−0.036%	$992K	$33.6M	20x
Hyperliquid ZETA	−0.0461%	1h	0.05571	+0.036%	$1.5M	$2.8M	3x	as long as short
KuCoin ZETAUSDTMlong	−0.0438%	4h	0.05569	long leg	$931K	$3.8M	20x

Show all 13 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget ZETAUSDT	+0.0016%	4h	0.05570	+0.018%	$2.2M	$49.3M	50x	as long as short
Injective ZETA/USDC PERP	+0.0033%	1h	0.06460	+15.999%	$1K	$1K	5.5x	as long as short
BingX ZETA-USDT	+0.0082%	4h	0.05567	−0.036%	—	$6.6M	—	as long as short