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 04:00 UTC+0.0509%/8h= +55.7% APRnext payment +$2.55 per $10,000 · paid last 24h −0.092%
Price spread now: Variational Omni against BloFin−0.580%116s7-day average −0.039% · 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)−0.120%−$12 on $10k
Price spread, last 3 days (all we have)+0.422%+$42 · spread now −0.580%, 7d avg −0.039%
Together, before fees+0.303%+ Points / potential airdropVariational Omni: Active · farm board+$30 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.540% cheaper against BloFin than usual: you would sell low and buy high (spread −0.580% now, against its 7-day average of −0.039%). If the spread goes back, that is −$54 on $10k: about 3.5 days of funding at the current rate (+$15 a day). Mind the row above: over the last 3 days funding on this pair cost −0.120%, so the current rate has only just turned in your favour. The two prices were read 116 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.120% in total (about -12.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.55 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
LongBloFin ZETA-USDT0.05878−0.2038get 0.1019% / 4h3h 05m$391K$1.2M50x
ShortVariational Omni ZETA0.05844−0.1529pay 0.0765% / 4h3h 05m$108K$749K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against BloFin. 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
$106.91
Price spread: −0.580% → −0.039%
−$54.04
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$40.87
Costs to cover
0.120%
Break-even
4.3 days
Slippage unknown: BloFin: live order book, 2 min ago; Variational Omni: RFQ quote, 4 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 BloFin live order book, 2 min ago1.70 bp12.9 bp −$1354.1 bp −$541doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 4 min ago7.69 bpdoesn't fit64.1 bp −$641doesn'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
Gate ZETA_USDT−0.2774%4h0.05879+0.017%$611K$10.2M25xas long as short
Kraken Futures PF_ZETAUSD−0.2758%1h0.05906+0.474%$49K$712K10xas long as short
Binance ZETAUSDT−0.2042%4h0.05882+0.073%$8.2M$331.9M50xas long as short
MEXC ZETA_USDT−0.2040%4h0.05885+0.119%$1.2M$12.2M50xas long as short
BloFin ZETA-USDTlong−0.2038%4h0.05878long leg$391K$1.2M50x
OKX ZETA-USDT-SWAP−0.1964%4h0.05888+0.170%$1.1M$50.6M20xas long as short
BingX ZETA-USDT−0.1952%4h0.05886+0.136%$7.2Mas long as short
KuCoin ZETAUSDTM−0.1906%4h0.05863−0.255%$1.2M$5.5M20xas long as short
Variational Omni ZETAshort−0.1529%4h0.05844−0.580%$108K$749K
Bybit ZETAUSDT−0.1210%4h0.05891+0.221%$5.2M$85.7M25xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid ZETA−0.0478%1h0.05881+0.051%$1.6M$3.9M3xas long as short
Injective ZETA/USDC PERP+0.0033%1h0.06460+9.901%$1K$5K5.5xas long as short
Bitget ZETAUSDT+0.0100%4h0.05904+0.442%$2.3M$63.9M50xas long as short