After costs, if the gap returns to its 7d average, $10k−$268
spread now−0.010%7d average−0.090%fees + slippage, in and out−$276spread needed2.762%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ZETAUSD | 0.05920 | −0.3701 | get 0.0463% / 1h | 2m 10s | $57K | $514K | 10x |
| Short | Hyperliquid ZETA | 0.05919 | 0.0100 | get 0.0013% / 1h | 2m 10s | $1.7M | $3.3M | 3x |
Kraken Futures PF_ZETAUSD
Hyperliquid ZETAPrice 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
- −$0.99
- Funding while held
- $114.04
- Slippage, 4 orders
- −$257.16
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$163.11
- Spread needed to break even
- 2.762%
Slippage from Kraken Futures: live order book, 8 min ago; Hyperliquid: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- +0.3801%
- Per $10,000 a day
- +$114.04
- 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, 8 min ago | 46.88 bp | 91.6 bp −$92 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 1 min ago | 14.37 bp | 43.3 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
ZETA price on every exchange
against the cheapest. Click to use as the short leg.BloFin0.05908cheapestKuCoin0.05913+0.085%MEXC0.05914+0.102%Bitget0.05915+0.118%Gate0.05918+0.169%
BloFin
KuCoin
MEXC
Bitget
GateHyperliquid0.05919+0.186%
Kraken Futures0.05920+0.196%
BingX0.05923+0.254%Binance0.05927+0.317%OKX0.05929+0.355%Bybit0.05931+0.389%Variational Omni0.06001+1.572%
BingX
Binance
OKX
Bybit
Variational OmniInjective0.06460+9.343%
InjectiveZETA on 13 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin ZETA-USDT | −0.196% | −0.0071% | 4h | $403K | $735K | 50x | as long as short |
| KuCoin ZETAUSDTM | −0.111% | −0.0084% | 4h | $1.0M | $4.5M | 20x | as long as short |
| MEXC ZETA_USDT | −0.094% | −0.0078% | 4h | $1.7M | $10.5M | 50x | as long as short |
| Bitget ZETAUSDT | −0.077% | +0.0022% | 4h | $1.9M | $50.6M | 50x | as long as short |
| Gate ZETA_USDT | −0.027% | −0.0726% | 4h | $635K | $8.6M | 25x | as long as short |
| Hyperliquid ZETAshort | −0.010% | +0.0100% | 1h | $1.7M | $3.3M | 3x | |
| Kraken Futures PF_ZETAUSDlong | 0.000% | −0.3701% | 1h | $57K | $514K | 10x | |
| BingX ZETA-USDT | +0.058% | −0.0338% | 4h | — | $6.0M | — | as long as short |
| Binance ZETAUSDT | +0.121% | −0.0079% | 4h | $7.9M | $262.6M | 50x | as long as short |
| OKX ZETA-USDT-SWAP | +0.159% | −0.0332% | 4h | $1.2M | $41.5M | 20x | as long as short |
Show all 13 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit ZETAUSDT | +0.193% | +0.0100% | 4h | $4.9M | $66.9M | 25x | as long as short |
| Variational Omni ZETA | +1.373% | −0.0634% | 4h | $112K | $657K | — | as long as short |
| Injective ZETA/USDC PERP | +9.129% | +0.0033% | 1h | $1K | $59K | 5.5x | as long as short |