After costs, if the gap returns to its 7d average, $10k−$203
spread now+0.022%7d average−0.045%fees + slippage, in and out−$209spread needed2.094%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ZETAUSD | 0.05908 | −0.3402 | get 0.0425% / 1h | 11m 48s | $66K | $553K | 10x |
| Short | Binance ZETAUSDT | 0.05909 | −0.0004 | pay 0.0002% / 4h | 2h 11m | $7.8M | $272.0M | 50x |
Kraken Futures PF_ZETAUSD
Binance ZETAUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $2.17
- Funding while held
- $101.93
- Slippage, 4 orders
- −$189.36
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$105.26
- Spread needed to break even
- 2.094%
Slippage from Kraken Futures: live order book, 58 min ago; Binance: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.3398%
- Per $10,000 a day
- +$101.93
- Average in range /8h
- —
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 Kraken Futures live order book, 58 min ago | 46.88 bp | 91.6 bp −$92 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 2.52 bp | 15.6 bp −$16 | 47.0 bp −$470 | 362.5 bp −$36.2K | doesn't fit |
ZETA price on every exchange
against the cheapest. Click to use as the short leg.OKX0.05904cheapestBingX0.05905+0.017%Variational Omni0.05906+0.025%Gate0.05906+0.034%Bybit0.05907+0.051%MEXC0.05907+0.051%KuCoin0.05907+0.051%Bitget0.05907+0.051%
OKX
BingX
Variational Omni
Gate
Bybit
MEXC
KuCoin
BitgetKraken Futures0.05908+0.063%
BloFin0.05908+0.068%
BloFinBinance0.05909+0.085%
Hyperliquid0.05922+0.305%
HyperliquidInjective0.06460+9.417%
InjectiveZETA on 13 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX ZETA-USDT-SWAP | −0.063% | −0.0173% | 4h | $1.1M | $42.4M | 20x | as long as short |
| BingX ZETA-USDT | −0.046% | −0.0154% | 4h | — | $6.1M | — | as long as short |
| Variational Omni ZETA | −0.038% | −0.0319% | 4h | $109K | $639K | — | as long as short |
| Gate ZETA_USDT | −0.029% | −0.0512% | 4h | $609K | $8.9M | 25x | as long as short |
| Bybit ZETAUSDT | −0.012% | +0.0100% | 4h | $5.0M | $69.7M | 25x | as long as short |
| MEXC ZETA_USDT | −0.012% | −0.0006% | 4h | $1.6M | $10.7M | 50x | as long as short |
| KuCoin ZETAUSDTM | −0.012% | −0.0048% | 4h | $1.0M | $4.6M | 20x | as long as short |
| Bitget ZETAUSDT | −0.012% | +0.0100% | 4h | $2.0M | $52.2M | 50x | as long as short |
| Kraken Futures PF_ZETAUSDlong | 0.000% | −0.3402% | 1h | $66K | $553K | 10x | |
| BloFin ZETA-USDT | +0.005% | +0.0018% | 4h | $391K | $777K | 50x | as long as short |
Show all 13 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance ZETAUSDTshort | +0.022% | −0.0004% | 4h | $7.8M | $272.0M | 50x | |
| Hyperliquid ZETA | +0.242% | +0.0100% | 1h | $1.7M | $3.4M | 3x | as long as short |
| Injective ZETA/USDC PERP | +9.348% | +0.0033% | 1h | $1K | $59K | 5.5x | as long as short |