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+0.1700%/8h= +186.1% APRnext payment +$8.50 per $10,000 · paid last 24h −0.019%
Price spread now: BingX against Binance+0.288%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$730.730% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.069%−$7 on $10k
Price spread, last 7 days−0.269%−$27 · spread now +0.288%, 7d avg +0.010%
Together, before fees−0.338%−$34 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$51 a day on $10k at the current rate, and BingX is 0.278% dearer against Binance than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of +0.010%. Mind the row above: over the last 7 days funding on this pair cost −0.069%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.069% in total (about -3.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$8.50 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
LongBinance ZETAUSDT0.06397−0.1600get 0.0800% / 4h1h 07m$9.1M$359.0M50x
ShortBingX ZETA-USDT0.064150.0100get 0.0050% / 4h1h 07m$7.8M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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
$356.92
Price spread: +0.288% → +0.010%
$27.83
Slippage, 4 orders
−$52.98
Fee Binance: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
$311.77
Costs to cover
0.730%
Break-even
0.9 days
Slippage from Binance: live order book, 7 min ago; BingX: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 7 min ago0.77 bp17.1 bp −$1787.2 bp −$872392.5 bp −$39.2Kdoesn't fit
Sell BingX live order book, 1 min ago3.89 bp21.0 bp −$2149.4 bp −$494380.5 bp −$38.1K737.6 bp −$368.8K

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−0.1788%4h0.06404+0.116%$1.2M$5.8M20xas long as short
OKX ZETA-USDT-SWAP−0.1719%4h0.06382−0.228%$1.4M$59.3M20xas long as short
Kraken Futures PF_ZETAUSD−0.1607%1h0.06403+0.101%$50K$731K10xas long as short
Binance ZETAUSDTlong−0.1600%4h0.06397long leg$9.1M$359.0M50x
MEXC ZETA_USDT−0.1598%4h0.06402+0.085%$1.1M$12.6M50xas long as short
BloFin ZETA-USDT−0.1553%4h0.06382−0.228%$426K$1.4M50xas long as short
Variational Omni ZETA−0.1527%4h0.06452+0.870%$122K$766Kas long as short
Gate ZETA_USDT−0.1338%4h0.06388−0.134%$651K$11.0M25xas long as short
Hyperliquid ZETA−0.1151%1h0.06404+0.116%$1.8M$4.1M3xas long as short
Bybit ZETAUSDT−0.1010%4h0.06381−0.244%$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+0.992%$1K$5K5.5xas long as short
Bitget ZETAUSDT+0.0100%4h0.06385−0.181%$2.5M$69.6M50xas long as short
BingX ZETA-USDTshort+0.0100%4h0.06415+0.288%$7.8M