Settings8H · net · $10k
Funding arb · Price arb /

ZETA

all ZETA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.1627%/8h= +178.1% APRnext payment +$8.13 per $10,000 · paid last 24h +0.071%
Price spread now: BingX against Variational Omni−0.391%7-day average +0.079% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.089%+$9 on $10k
Price spread, last 4 days (all we have)+0.320%+$32 · spread now −0.391%, 7d avg +0.079%
Together, before fees+0.410%+ Points / potential airdropVariational Omni: Active · farm board+$41 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.471% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.391% now, against its 7-day average of +0.079%). If the spread goes back, that is −$47 on $10k: about 23 hours of funding at the current rate (+$49 a day). At the pace of the last 3 days (+0.089% in total) that is about 18 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.089% in total (about 9.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$8.13 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ZETA0.06452−0.1527get 0.0763% / 4h1h 07m$122K$766K
ShortBingX ZETA-USDT0.064270.0100get 0.0050% / 4h1h 07m$7.8M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Variational Omni. 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
$341.65
Price spread: −0.391% → +0.079%
−$47.06
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BingX: 5 bp × 2 orders
−$10
Net
$284.59
Costs to cover
0.100%
Break-even
1.2 days
Slippage unknown: Variational Omni: RFQ quote, 56 min ago; BingX: live order book, 10 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 56 min ago7.76 bpdoesn't fit95.7 bp −$957doesn't fitdoesn't fit
Sell BingX live order book, 10 min ago4.93 bp18.4 bp −$1849.3 bp −$493352.0 bp −$35.2K733.3 bp −$366.6K

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
KuCoin ZETAUSDTM−0.1808%4h0.06445−0.112%$1.2M$5.8M20xas long as short
OKX ZETA-USDT-SWAP−0.1738%4h0.06417−0.546%$1.4M$59.5M20xas long as short
BloFin ZETA-USDT−0.1628%4h0.06460+0.120%$431K$1.4M50xas long as short
MEXC ZETA_USDT−0.1620%4h0.06427−0.391%$1.2M$12.5M50xas long as short
Binance ZETAUSDT−0.1600%4h0.06414−0.588%$9.1M$358.7M50xas long as short
Kraken Futures PF_ZETAUSD−0.1583%1h0.06500+0.743%$50K$731K10xas long as short
Variational Omni ZETAlong−0.1527%4h0.06452long leg$122K$766K
Gate ZETA_USDT−0.1358%4h0.06430−0.345%$652K$11.0M25xas long as short
Hyperliquid ZETA−0.1166%1h0.06457+0.074%$1.8M$4.1M3xas long as short
Bybit ZETAUSDT−0.1033%4h0.06413−0.608%$5.8M$93.0M25xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ZETA/USDC PERP+0.0033%1h0.06460+0.120%$1K$5K5.5xas long as short
Bitget ZETAUSDT+0.0100%4h0.06416−0.562%$2.5M$69.6M50xas long as short
BingX ZETA-USDTshort+0.0100%4h0.06427−0.391%$7.8M