ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0099%/8h= +10.8% APRnext payment +$0.50 per $10,000 · paid last 24h +0.007%

Price spread now: KuCoin against OKX+0.035%7-day average +0.100% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$199as in the Price arb table

costs, in and out, $10k−$1921.920% of the position

Long on OKX Short on KuCoin

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−0.016%−$2 · spread now +0.035%, 7d avg +0.100%

Together, before fees−0.012%−$1 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.066% cheaper against OKX than usual: you would sell low and buy high (spread +0.035% now, against its 7-day average of +0.100%). If the spread goes back, that is −$7 on $10k: about 2.2 days of funding at the current rate (+$3 a day). 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	OKX ZETA-USDT-SWAP	0.05786	−0.0693	get 0.0347% / 4h	3h 35m	$1.1M	$40.4M	20x
Short	KuCoin ZETAUSDTM	0.05788	−0.0594	pay 0.0297% / 4h	3h 35m	$963K	$4.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.035%Rate

Funding earned: $20.79
Price spread: +0.035% → +0.100%: −$6.56
Slippage, 4 orders: −$170.03
Fee OKX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$177.8
Costs to cover: 1.920%
Break-even: 66.9 days

Slippage from OKX: live order book, 3 min ago; KuCoin: live order book, 2 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	3.45 bp	23.8 bp −$24	141.0 bp −$1,410	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	11.22 bp	67.2 bp −$67	doesn't fit	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	−0.3699%	1h	0.05790	+0.077%	$56K	$609K	10x	as long as short
Bybit ZETAUSDT	−0.2131%	4h	0.05785	−0.017%	$4.7M	$77.1M	25x	as long as short
Gate ZETA_USDT	−0.1858%	4h	0.05790	+0.069%	$581K	$7.1M	25x	as long as short
Variational Omni ZETA	−0.1693%	4h	0.05793	+0.113%	$119K	$575K	—	as long as short
BloFin ZETA-USDT	−0.1092%	4h	0.05801	+0.259%	$358K	$1.2M	50x	as long as short
MEXC ZETA_USDT	−0.1054%	4h	0.05785	−0.017%	$1.2M	$9.8M	50x	as long as short
Binance ZETAUSDT	−0.1049%	4h	0.05785	−0.017%	$7.5M	$287.8M	50x	as long as short
OKX ZETA-USDT-SWAPlong	−0.0693%	4h	0.05786	long leg	$1.1M	$40.4M	20x
KuCoin ZETAUSDTMshort	−0.0594%	4h	0.05788	+0.035%	$963K	$4.5M	20x
Hyperliquid ZETA	−0.0126%	1h	0.05783	−0.052%	$1.6M	$3.0M	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	+11.649%	$1K	$1K	5.5x	as long as short
Bitget ZETAUSDT	+0.0100%	4h	0.05790	+0.069%	$2.5M	$56.6M	50x	as long as short
BingX ZETA-USDT	+0.0100%	4h	0.05785	−0.017%	—	$7.2M	—	as long as short