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

ZETA

all ZETA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0851%/8h= +93.2% APRnext payment +$4.26 per $10,000 · paid last 24h +0.048%
Price spread now: KuCoin against Variational Omni+0.026%7-day average +0.191% · you sell dearer than you buy
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 4 days (all we have)+0.069%+$7 on $10k
Price spread, last 4 days (all we have)+0.011%+$1 · spread now +0.026%, 7d avg +0.191%
Together, before fees+0.080%+ Points / potential airdropVariational Omni: Active · farm board+$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.165% cheaper against Variational Omni than usual: you would sell low and buy high (spread +0.026% now, against its 7-day average of +0.191%). If the spread goes back, that is −$17 on $10k: about 16 hours of funding at the current rate (+$26 a day). At the pace of the last 4 days (+0.069% in total) that is about 8.6 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.069% in total (about 7.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.26 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 ZETA0.05869−0.1641get 0.0821% / 4h1h 26m$121K$684K
ShortKuCoin ZETAUSDTM0.05871−0.0790pay 0.0395% / 4h1h 26m$1.1M$5.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$178.73
Price spread: +0.026% → +0.191%
−$16.53
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$150.2
Costs to cover
0.120%
Break-even
1.1 days
Slippage unknown: Variational Omni: RFQ quote, 17 min ago; KuCoin: live order book, 1 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, 17 min ago5.98 bpdoesn't fit166.5 bp −$1,665doesn't fitdoesn't fit
Sell KuCoin live order book, 1 min ago11.06 bp67.7 bp −$68doesn't fitdoesn't fitdoesn't fit

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
Kraken Futures PF_ZETAUSD−0.3566%1h0.05867−0.040%$53K$681K10xas long as short
Variational Omni ZETAlong−0.1641%4h0.05869long leg$121K$684K
Gate ZETA_USDT−0.1506%4h0.05870+0.009%$644K$8.7M25xas long as short
Bybit ZETAUSDT−0.1408%4h0.05871+0.026%$4.9M$83.7M25xas long as short
BloFin ZETA-USDT−0.1005%4h0.05867−0.042%$376K$1.3M50xas long as short
Binance ZETAUSDT−0.0974%4h0.05872+0.043%$7.8M$317.2M50xas long as short
MEXC ZETA_USDT−0.0972%4h0.05870+0.009%$1.2M$10.8M50xas long as short
OKX ZETA-USDT-SWAP−0.0829%4h0.05871+0.026%$1.2M$45.3M20xas long as short
KuCoin ZETAUSDTMshort−0.0790%4h0.05871+0.026%$1.1M$5.0M20x
Hyperliquid ZETA−0.0330%1h0.05870+0.009%$1.6M$3.4M3xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ZETA/USDC PERP+0.0033%1h0.06460+10.061%$1K$1K5.5xas long as short
Bitget ZETAUSDT+0.0100%4h0.05875+0.094%$2.4M$61.1M50xas long as short
BingX ZETA-USDT+0.0100%4h0.05874+0.077%$7.6Mas long as short