ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0092%/8h= +10.1% APRnext payment +$0.46 per $10,000 · paid last 24h +0.103%

Price spread now: Bybit against Variational Omni+0.265%7-day average +0.076% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.128%+$13 on $10k

Price spread, last 4 days (all we have)−0.300%−$30 · spread now +0.265%, 7d avg +0.076%

Together, before fees−0.172%+ Points / potential airdropVariational Omni: Active · farm board−$17 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bybit is 0.188% dearer against Variational Omni than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.076%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni ZETA	0.05888	−0.1522	get 0.0761% / 4h	1h 57m	$111K	$680K	—
Short	Bybit ZETAUSDT	0.05904	−0.1430	pay 0.0715% / 4h	1h 57m	$5.0M	$85.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpFee BybitbpOrdersPrice spread, now +0.265%Rate

Funding earned: $19.33
Price spread: +0.265% → +0.076%: $18.83
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $27.16
Costs to cover: 0.110%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 51 min ago; Bybit: live order book, 1 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 Variational Omni RFQ quote, 51 min ago	5.94 bp	doesn't fit	165.5 bp −$1,655	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	1.70 bp	28.9 bp −$29	141.0 bp −$1,410	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	−0.3555%	1h	0.05885	−0.059%	$54K	$712K	10x	as long as short
Variational Omni ZETAlong	−0.1522%	4h	0.05888	long leg	$111K	$680K	—
Bybit ZETAUSDTshort	−0.1430%	4h	0.05904	+0.265%	$5.0M	$85.7M	25x
Gate ZETA_USDT	−0.1018%	4h	0.05890	+0.027%	$646K	$8.7M	25x	as long as short
MEXC ZETA_USDT	−0.0698%	4h	0.05890	+0.027%	$1.2M	$10.8M	50x	as long as short
Binance ZETAUSDT	−0.0696%	4h	0.05893	+0.078%	$7.9M	$326.0M	50x	as long as short
BloFin ZETA-USDT	−0.0695%	4h	0.05860	−0.482%	$379K	$1.3M	50x	as long as short
KuCoin ZETAUSDTM	−0.0600%	4h	0.05873	−0.262%	$1.2M	$5.2M	20x	as long as short
OKX ZETA-USDT-SWAP	−0.0560%	4h	0.05891	+0.044%	$1.2M	$47.2M	20x	as long as short
Injective ZETA/USDC PERP	+0.0033%	1h	0.06460	+9.707%	$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	0.05891	+0.044%	$1.6M	$3.4M	3x	as long as short
Bitget ZETAUSDT	+0.0100%	4h	0.05895	+0.112%	$2.3M	$63.0M	50x	as long as short
BingX ZETA-USDT	+0.0100%	4h	0.05888	−0.007%	—	$7.6M	—	as long as short