Funding you earn now, next payment 08:00 UTC−0.0928%/8h= −101.6% APRnext payment −$4.64 per $10,000 · paid last 24h −0.019%
Price spread now: Variational Omni against OKX+0.993%7-day average −0.069% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.044%−$4 on $10k
+Price spread, last 4 days (all we have)−0.999%−$100 · spread now +0.993%, 7d avg −0.069%
=Together, before fees−1.043%+ Points / potential airdropVariational Omni: Active · farm board−$104 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 1.061% dearer against OKX than usual: you sell high and buy low (spread +0.993% now, against its 7-day average of −0.069%): +$106 on $10k if it goes back. Holding the pair costs −$28 a day in funding at the current rate, which eats that in about 3.8 days. At the pace of the last 4 days (−0.044% in total) that is about 3 months.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.044% in total (about -4.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.64 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 | OKX ZETA-USDT-SWAP | 0.05846 | −0.0618 | get 0.0309% / 4h | 1h 46m | $1.2M | $46.0M | 20x |
| Short | Variational Omni ZETA | 0.05904 | −0.1546 | pay 0.0773% / 4h | 1h 46m | $112K | $679K | — |
OKX ZETA-USDT-SWAP
Variational Omni ZETAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against OKX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$194.94
- Price spread: +0.993% → −0.069%
- $106.11
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$98.83
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: OKX: live order book, 2 min ago; Variational Omni: RFQ quote, 63 min ago. Net counts fees only.
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 | 4.25 bp | 32.8 bp −$33 | 147.5 bp −$1,475 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 63 min ago | 5.94 bp | doesn't fit | 75.5 bp −$755 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZETAUSD | −0.3574% | 1h | 0.05854 | +0.133% | $53K | $707K | 10x | as long as short |
| Variational Omni ZETAshort | −0.1546% | 4h | 0.05904 | +0.993% | $112K | $679K | — | |
| Bybit ZETAUSDT | −0.1449% | 4h | 0.05859 | +0.222% | $5.0M | $84.7M | 25x | as long as short |
| Gate ZETA_USDT | −0.1166% | 4h | 0.05864 | +0.308% | $640K | $8.7M | 25x | as long as short |
| Binance ZETAUSDT | −0.0803% | 4h | 0.05862 | +0.267% | $7.8M | $322.6M | 50x | as long as short |
| MEXC ZETA_USDT | −0.0802% | 4h | 0.05864 | +0.308% | $1.2M | $10.8M | 50x | as long as short |
| BloFin ZETA-USDT | −0.0773% | 4h | 0.05842 | −0.068% | $377K | $1.3M | 50x | as long as short |
| KuCoin ZETAUSDTM | −0.0686% | 4h | 0.05857 | +0.188% | $1.2M | $5.1M | 20x | as long as short |
| OKX ZETA-USDT-SWAPlong | −0.0618% | 4h | 0.05846 | long leg | $1.2M | $46.0M | 20x | |
| Hyperliquid ZETA | −0.0168% | 1h | 0.05864 | +0.308% | $1.6M | $3.4M | 3x | as long as short |
Kraken Futures PF_ZETAUSD
Bybit ZETAUSDT
Gate ZETA_USDT
Binance ZETAUSDT
MEXC ZETA_USDT
BloFin ZETA-USDT
KuCoin ZETAUSDTM
Hyperliquid ZETAShow 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 | +10.503% | $1K | $1K | 5.5x | as long as short |
| Bitget ZETAUSDT | +0.0100% | 4h | 0.05862 | +0.274% | $2.3M | $62.2M | 50x | as long as short |
| BingX ZETA-USDT | +0.0100% | 4h | 0.05862 | +0.274% | — | $7.6M | — | as long as short |
Injective ZETA/USDC PERP
Bitget ZETAUSDT
BingX ZETA-USDT