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

ZETA

all ZETA markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.1388%/8h= −152.0% APRnext payment $6.94 per $10,000 · paid last 24h −0.152%
Price spread now: Variational Omni against BingX+0.368%7-day average −0.086% · 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)−0.232%−$23 on $10k
Price spread, last 4 days (all we have)−0.349%−$35 · spread now +0.368%, 7d avg −0.086%
Together, before fees−0.580%+ Points / potential airdropVariational Omni: Active · farm board−$58 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.454% dearer against BingX than usual: you sell high and buy low (spread +0.368% now, against its 7-day average of −0.086%): +$45 on $10k if it goes back. Holding the pair costs −$42 a day in funding at the current rate, which eats that in about 26 hours. At the pace of the last 4 days (−0.232% in total) that is about 7.4 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.232% in total (about -22.3% a year). A funding rate is set anew for every payment; at this rate the next one is about $6.94 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ZETA-USDT0.05453−0.0198get 0.0099% / 4h47m 24s$6.5M
ShortVariational Omni ZETA0.05473−0.1586pay 0.0793% / 4h47m 24s$117K$393K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against BingX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$291.42
Price spread: +0.368% → −0.086%
$45.41
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$256
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: BingX: live order book, 11 min ago; Variational Omni: RFQ quote, 60 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 BingX live order book, 11 min ago3.61 bp18.7 bp −$1968.2 bp −$682552.9 bp −$55.3K826.4 bp −$413.2K
Sell Variational Omni RFQ quote, 60 min ago6.18 bpdoesn't fit87.4 bp −$874doesn't fitdoesn't fit

ZETA on 13 exchanges

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−0.3220%1h0.05437−0.293%$53K$493K10xas long as short
Variational Omni ZETAshort−0.1586%4h0.05473+0.368%$117K$393K
BloFin ZETA-USDT−0.1083%4h0.05400−0.972%$317K$971K50xas long as short
MEXC ZETA_USDT−0.1036%4h0.05455+0.037%$1.0M$7.2M50xas long as short
Binance ZETAUSDT−0.1029%4h0.05453+0.005%$6.6M$236.0M50xas long as short
Bybit ZETAUSDT−0.1004%4h0.05451−0.037%$4.3M$63.8M25xas long as short
Gate ZETA_USDT−0.0986%4h0.05458+0.092%$505K$5.9M25xas long as short
OKX ZETA-USDT-SWAP−0.0680%4h0.05449−0.073%$1.0M$31.4M20xas long as short
KuCoin ZETAUSDTM−0.0636%4h0.054530.000%$803K$3.6M20xas long as short
Bitget ZETAUSDT−0.0290%4h0.05461+0.147%$2.0M$47.4M50xas long as short
Show all 13 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ZETA-USDTlong−0.0198%4h0.05453long leg$6.5M
Injective ZETA/USDC PERP+0.0033%1h0.06460+18.467%$1K$1K5.5xas long as short
Hyperliquid ZETA+0.0100%1h0.05454+0.018%$1.4M$2.8M3xas long as short