Funding you earn now, next payment 04:00 UTC−0.0108%/8h= −11.8% APRnext payment −$0.54 per $10,000 · paid last 24h −0.071%
Price spread now: OKX against Binance−0.017%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$820.815% of the position
Funding, last 7 days−0.104%−$10 on $10k
+Price spread, last 4 days (all we have)+0.070%+$7 · spread now −0.017%, 7d avg −0.015%
=The price spread sits at its 7-day average of −0.015%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZETAUSDT | 0.05881 | −0.1885 | get 0.0942% / 4h | 2h 18m | $8.1M | $344.2M | 50x |
| Short | OKX ZETA-USDT-SWAP | 0.05880 | −0.1993 | pay 0.0996% / 4h | 2h 18m | $1.1M | $52.4M | 20x |
Binance ZETAUSDT
OKX ZETA-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$22.66
- Price spread: −0.017% → −0.015%
- −$0.16
- Slippage, 4 orders
- −$61.51
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$104.32
- Costs to cover
- 0.815%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; OKX: live order book, 5 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 Binance live order book, 10 min ago | 0.86 bp | 17.3 bp −$17 | 61.8 bp −$618 | 481.6 bp −$48.2K | doesn't fit |
| Sell OKX live order book, 5 min ago | 2.53 bp | 20.0 bp −$20 | 85.0 bp −$850 | doesn't fit | doesn't fit |
ZETA on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZETAUSDTM | −0.2006% | 4h | 0.05875 | −0.102% | $1.1M | $5.6M | 20x | as long as short |
| OKX ZETA-USDT-SWAPshort | −0.1993% | 4h | 0.05880 | −0.017% | $1.1M | $52.4M | 20x | |
| Binance ZETAUSDTlong | −0.1885% | 4h | 0.05881 | long leg | $8.1M | $344.2M | 50x | |
| MEXC ZETA_USDT | −0.1884% | 4h | 0.05882 | +0.017% | $1.1M | $12.3M | 50x | as long as short |
| BingX ZETA-USDT | −0.1876% | 4h | 0.05888 | +0.119% | — | $7.4M | — | as long as short |
| Gate ZETA_USDT | −0.1638% | 4h | 0.05882 | +0.017% | $606K | $10.6M | 25x | as long as short |
| Variational Omni ZETA | −0.1469% | 4h | 0.05922 | +0.696% | $114K | $757K | — | as long as short |
| Kraken Futures PF_ZETAUSD | −0.0959% | 1h | 0.05891 | +0.166% | $49K | $719K | 10x | as long as short |
| Bybit ZETAUSDT | −0.0815% | 4h | 0.05881 | 0.000% | $5.3M | $88.9M | 25x | as long as short |
| Hyperliquid ZETA | −0.0536% | 1h | 0.05872 | −0.153% | $1.6M | $4.0M | 3x | as long as short |
KuCoin ZETAUSDTM
MEXC ZETA_USDT
BingX ZETA-USDT
Gate ZETA_USDT
Variational Omni ZETA
Kraken Futures PF_ZETAUSD
Bybit ZETAUSDT
Hyperliquid ZETAShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective ZETA/USDC PERP | +0.0033% | 1h | 0.06460 | +9.845% | $1K | $5K | 5.5x | as long as short |
| Bitget ZETAUSDT | +0.0100% | 4h | 0.05892 | +0.187% | $2.3M | $66.4M | 50x | as long as short |
Injective ZETA/USDC PERP
Bitget ZETAUSDT