ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.05 per $10,000 · paid last 24h +0.055%

Price spread now: Binance against KuCoin−0.236%7-day average −0.109% · you buy dearer than you sell

Net, funding: paid 7d − costs−$178as in the Funding arb table

Net, price: spread back to 7d avg − costs−$201as in the Price arb table

costs, in and out, $10k−$1881.881% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.100%+$10 on $10k

Price spread, last 7 days+0.161%+$16 · spread now −0.236%, 7d avg −0.109%

Together, before fees+0.261%+$26 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.128% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.236% now, against its 7-day average of −0.109%). If the spread goes back, that is −$13 on $10k: about 41 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.100% in total) that is about 8.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ZETAUSDTM	0.05927	−0.0598	get 0.0299% / 4h	2h 26m	$1.2M	$5.3M	20x
Short	Binance ZETAUSDT	0.05913	−0.0588	pay 0.0294% / 4h	2h 26m	$8.0M	$339.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

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

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee BinancebpOrdersPrice spread, now −0.236%Rate

Funding earned: $2.18
Price spread: −0.236% → −0.109%: −$12.78
Slippage, 4 orders: −$166.13
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$198.73
Costs to cover: 1.881%
Break-even: 646.4 days

Slippage from KuCoin: live order book, 1 min ago; Binance: live order book, 2 min ago.

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 KuCoin live order book, 1 min ago	11.90 bp	71.0 bp −$71	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 2 min ago	1.70 bp	24.7 bp −$25	91.7 bp −$917	364.5 bp −$36.5K	doesn't fit

ZETA on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_ZETAUSD	−0.2828%	1h	0.05889	−0.645%	$54K	$722K	10x	as long as short
Bybit ZETAUSDT	−0.2032%	4h	0.05907	−0.337%	$5.0M	$89.2M	25x	as long as short
Variational Omni ZETA	−0.1419%	4h	0.05903	−0.412%	$111K	$689K	—	as long as short
Gate ZETA_USDT	−0.1304%	4h	0.05900	−0.456%	$649K	$9.5M	25x	as long as short
BloFin ZETA-USDT	−0.0621%	4h	0.05890	−0.624%	$385K	$1.3M	50x	as long as short
KuCoin ZETAUSDTMlong	−0.0598%	4h	0.05927	long leg	$1.2M	$5.3M	20x
Binance ZETAUSDTshort	−0.0588%	4h	0.05913	−0.236%	$8.0M	$339.3M	50x
MEXC ZETA_USDT	−0.0572%	4h	0.05910	−0.287%	$1.2M	$11.9M	50x	as long as short
OKX ZETA-USDT-SWAP	−0.0543%	4h	0.05906	−0.354%	$1.2M	$49.4M	20x	as long as short
Hyperliquid ZETA	−0.0306%	1h	0.05907	−0.337%	$1.7M	$3.7M	3x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective ZETA/USDC PERP	+0.0033%	1h	0.06460	+8.993%	$1K	$1K	5.5x	as long as short
Bitget ZETAUSDT	+0.0100%	4h	0.05910	−0.287%	$2.3M	$65.7M	50x	as long as short
BingX ZETA-USDT	+0.0100%	4h	0.05909	−0.304%	—	$7.7M	—	as long as short