ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0113%/8h= −12.3% APRnext payment −$0.56 per $10,000 · paid last 24h +0.033%

Price spread now: KuCoin against OKX−0.034%7-day average +0.096% · you buy dearer than you sell

Net, funding: paid 7d − costs−$219as in the Funding arb table

Net, price: spread back to 7d avg − costs−$233as in the Price arb table

costs, in and out, $10k−$2202.202% of the position

Long on OKX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.012%+$1 on $10k

Price spread, last 7 days+0.181%+$18 · spread now −0.034%, 7d avg +0.096%

Together, before fees+0.192%+$19 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.131% cheaper against OKX than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.096%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX ZETA-USDT-SWAP	0.05800	−0.1935	get 0.0968% / 4h	1h 46m	$1.1M	$52.1M	20x
Short	KuCoin ZETAUSDTM	0.05798	−0.2048	pay 0.1024% / 4h	1h 46m	$1.1M	$5.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against OKX. 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 OKXbpFee KuCoinbpOrdersPrice spread, now −0.034%Rate

Funding earned: −$23.64
Price spread: −0.034% → +0.096%: −$13.06
Slippage, 4 orders: −$198.15
Fee OKX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$256.85
Costs to cover: 2.202%
Break-even: never at this rate

Slippage from OKX: live order book, 2 min ago; KuCoin: 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 OKX live order book, 2 min ago	3.47 bp	26.0 bp −$26	109.5 bp −$1,095	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	11.23 bp	96.0 bp −$96	doesn't fit	doesn't fit	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
KuCoin ZETAUSDTMshort	−0.2048%	4h	0.05798	−0.034%	$1.1M	$5.6M	20x
OKX ZETA-USDT-SWAPlong	−0.1935%	4h	0.05800	long leg	$1.1M	$52.1M	20x
BingX ZETA-USDT	−0.1860%	4h	0.05798	−0.034%	—	$7.5M	—	as long as short
BloFin ZETA-USDT	−0.1826%	4h	0.05803	+0.052%	—	$1.2M	50x	as long as short
MEXC ZETA_USDT	−0.1796%	4h	0.05795	−0.086%	$1.1M	$12.3M	50x	as long as short
Binance ZETAUSDT	−0.1794%	4h	0.05800	0.000%	$8.1M	$347.2M	50x	as long as short
Kraken Futures PF_ZETAUSD	−0.1777%	1h	0.05790	−0.168%	$48K	$719K	10x	as long as short
Gate ZETA_USDT	−0.1748%	4h	0.05804	+0.069%	$591K	$10.6M	25x	as long as short
Variational Omni ZETA	−0.1460%	4h	0.05793	−0.114%	$112K	$758K	—	as long as short
Hyperliquid ZETA	−0.1045%	1h	0.05786	−0.241%	$1.6M	$4.0M	3x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ZETAUSDT	−0.0944%	4h	0.05799	−0.017%	$5.2M	$89.6M	25x	as long as short
Injective ZETA/USDC PERP	+0.0033%	1h	0.06460	+11.379%	$1K	$5K	5.5x	as long as short
Bitget ZETAUSDT	+0.0100%	4h	0.05789	−0.190%	$2.3M	$66.8M	50x	as long as short