ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0940%/8h= +102.9% APRnext payment +$4.70 per $10,000 · paid last 24h +0.104%

Price spread now: BingX against OKX−0.017%7-day average −0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$102as in the Funding arb table

Net, price: spread back to 7d avg − costs−$110as in the Price arb table

costs, in and out, $10k−$1081.082% of the position

Long on OKX Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.064%+$6 on $10k

Price spread, last 7 days+0.007%+$1 · spread now −0.017%, 7d avg −0.004%

Together, before fees+0.071%+$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.004%, so right now this pair is about funding alone: +$28 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.064% in total (about 3.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.70 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	OKX ZETA-USDT-SWAP	0.05926	−0.0840	get 0.0420% / 4h	1h 15m	$1.2M	$45.2M	20x
Short	BingX ZETA-USDT	0.05925	0.0100	get 0.0050% / 4h	1h 15m	—	$7.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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 OKXbpFee BingXbpOrdersPrice spread, now −0.017%Rate

Funding earned: $197.34
Price spread: −0.017% → −0.004%: −$1.33
Slippage, 4 orders: −$88.2
Fee OKX: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: $87.82
Costs to cover: 1.082%
Break-even: 3.9 days

Slippage from OKX: live order book, 3 min ago; BingX: live order book, 8 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 OKX live order book, 3 min ago	4.21 bp	32.5 bp −$33	151.1 bp −$1,511	doesn't fit	doesn't fit
Sell BingX live order book, 8 min ago	4.24 bp	20.6 bp −$21	63.9 bp −$639	442.8 bp −$44.3K	775.2 bp −$387.6K

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	−0.3533%	1h	0.05922	−0.060%	$54K	$677K	10x	as long as short
Variational Omni ZETA	−0.1683%	4h	0.05914	−0.195%	$122K	$682K	—	as long as short
Gate ZETA_USDT	−0.1578%	4h	0.05927	+0.017%	$637K	$8.7M	25x	as long as short
Bybit ZETAUSDT	−0.1439%	4h	0.05922	−0.067%	$5.0M	$82.7M	25x	as long as short
BloFin ZETA-USDT	−0.1085%	4h	0.05923	−0.051%	$374K	$1.3M	50x	as long as short
Binance ZETAUSDT	−0.1055%	4h	0.05925	−0.018%	$7.9M	$313.3M	50x	as long as short
MEXC ZETA_USDT	−0.1054%	4h	0.05925	−0.017%	$1.2M	$10.9M	50x	as long as short
KuCoin ZETAUSDTM	−0.0840%	4h	0.05925	−0.017%	$1.0M	$4.9M	20x	as long as short
OKX ZETA-USDT-SWAPlong	−0.0840%	4h	0.05926	long leg	$1.2M	$45.2M	20x
Hyperliquid ZETA	−0.0260%	1h	0.05924	−0.034%	$1.6M	$3.3M	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	+9.011%	$1K	$1K	5.5x	as long as short
Bitget ZETAUSDT	+0.0100%	4h	0.05933	+0.118%	$2.4M	$60.4M	50x	as long as short
BingX ZETA-USDTshort	+0.0100%	4h	0.05925	−0.017%	—	$7.5M	—