ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0590%/8h= +64.6% APRnext payment +$2.95 per $10,000 · paid last 24h +0.076%

Price spread now: BingX against KuCoin−0.149%7-day average −0.104% · you buy dearer than you sell

Net, funding: paid 7d − costs−$198as in the Funding arb table

Net, price: spread back to 7d avg − costs−$209as in the Price arb table

costs, in and out, $10k−$2052.046% of the position

Long on KuCoin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.066%+$7 on $10k

Price spread, last 7 days+0.003%$0 · spread now −0.149%, 7d avg −0.104%

Together, before fees+0.070%+$7 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.045% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.149% now, against its 7-day average of −0.104%). If the spread goes back, that is −$5 on $10k: about 6 hours of funding at the current rate (+$18 a day). At the pace of the last 7 days (+0.066% in total) that is about 4.8 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.066% in total (about 3.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.95 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ZETAUSDTM	0.06024	−0.0490	get 0.0245% / 4h	3h 06m	$1.2M	$5.5M	20x
Short	BingX ZETA-USDT	0.06015	0.0100	get 0.0050% / 4h	3h 06m	—	$7.9M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now −0.149%Rate

Funding earned: $123.9
Price spread: −0.149% → −0.104%: −$4.54
Slippage, 4 orders: −$182.62
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$85.26
Costs to cover: 2.046%
Break-even: 11.8 days

Slippage from KuCoin: live order book, 7 min ago; BingX: 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, 7 min ago	7.51 bp	96.5 bp −$96	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 2 min ago	4.12 bp	21.4 bp −$21	70.9 bp −$709	388.8 bp −$38.9K	784.4 bp −$392.2K

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
Bybit ZETAUSDT	−0.1077%	4h	0.06012	−0.199%	$5.2M	$91.3M	25x	as long as short
Variational Omni ZETA	−0.0960%	4h	0.05971	−0.873%	$112K	$717K	—	as long as short
Gate ZETA_USDT	−0.0812%	4h	0.06026	+0.033%	$665K	$10.2M	25x	as long as short
Kraken Futures PF_ZETAUSD	−0.0673%	1h	0.06030	+0.107%	$54K	$736K	10x	as long as short
OKX ZETA-USDT-SWAP	−0.0536%	4h	0.06010	−0.232%	$1.3M	$51.9M	20x	as long as short
KuCoin ZETAUSDTMlong	−0.0490%	4h	0.06024	long leg	$1.2M	$5.5M	20x
MEXC ZETA_USDT	−0.0426%	4h	0.06015	−0.149%	$1.2M	$13.0M	50x	as long as short
Binance ZETAUSDT	−0.0418%	4h	0.06023	−0.015%	$8.3M	$351.0M	50x	as long as short
BloFin ZETA-USDT	−0.0368%	4h	0.06062	+0.631%	$403K	$1.4M	50x	as long as short
Injective ZETA/USDC PERP	+0.0033%	1h	0.06460	+7.238%	$1K	$1K	5.5x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ZETA	+0.0100%	1h	0.06015	−0.149%	$1.7M	$3.6M	3x	as long as short
Bitget ZETAUSDT	+0.0100%	4h	0.06014	−0.166%	$2.3M	$67.8M	50x	as long as short
BingX ZETA-USDTshort	+0.0100%	4h	0.06015	−0.149%	—	$7.9M	—