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

ZETA

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0494%/8h= −54.1% APRnext payment $2.47 per $10,000 · paid last 24h −0.083%
Price spread now: Variational Omni against Bybit−0.012%7-day average −0.062% · 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)−0.108%−$11 on $10k
Price spread, last 4 days (all we have)+0.083%+$8 · spread now −0.012%, 7d avg −0.062%
Together, before fees−0.025%+ Points / potential airdropVariational Omni: Active · farm board−$3 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.050% dearer against Bybit than usual: you sell high and buy low (spread −0.012% now, against its 7-day average of −0.062%): +$5 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 3 days (−0.108% in total) that is about 39 hours.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.108% in total (about -11.4% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.47 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
LongBybit ZETAUSDT0.06453−0.1033get 0.0517% / 4h1h 08m$5.9M$92.9M25x
ShortVariational Omni ZETA0.06452−0.1527pay 0.0763% / 4h1h 08m$122K$766K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Bybit. 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
−$103.66
Price spread: −0.012% → −0.062%
$5.03
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$109.63
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 6 min ago; Variational Omni: RFQ quote, 56 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 Bybit live order book, 6 min ago4.63 bp30.0 bp −$3086.4 bp −$864doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 56 min ago7.76 bpdoesn't fit63.0 bp −$630doesn'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
KuCoin ZETAUSDTM−0.1808%4h0.06456+0.046%$1.2M$5.8M20xas long as short
OKX ZETA-USDT-SWAP−0.1738%4h0.06451−0.031%$1.4M$59.8M20xas long as short
BloFin ZETA-USDT−0.1628%4h0.06460+0.108%$431K$1.4M50xas long as short
MEXC ZETA_USDT−0.1620%4h0.06459+0.093%$1.2M$12.5M50xas long as short
Binance ZETAUSDT−0.1600%4h0.06462+0.133%$9.1M$358.6M50xas long as short
Kraken Futures PF_ZETAUSD−0.1583%1h0.06500+0.731%$50K$731K10xas long as short
Variational Omni ZETAshort−0.1527%4h0.06452−0.012%$122K$766K
Gate ZETA_USDT−0.1358%4h0.06493+0.620%$659K$11.0M25xas long as short
Hyperliquid ZETA−0.1173%1h0.06495+0.651%$1.8M$4.1M3xas long as short
Bybit ZETAUSDTlong−0.1033%4h0.06453long leg$5.9M$92.9M25x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ZETA/USDC PERP+0.0033%1h0.06460+0.108%$1K$5K5.5xas long as short
Bitget ZETAUSDT+0.0100%4h0.06470+0.263%$2.5M$69.6M50xas long as short
BingX ZETA-USDT+0.0100%4h0.06488+0.542%$7.8Mas long as short