ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0600%/8h= +65.7% APRnext payment +$3.00 per $10,000 · paid last 24h +0.136%

Price spread now: Bitget against Binance−0.067%7-day average +0.075% · you buy dearer than you sell

Net, funding: paid 7d − costs−$61as in the Funding arb table

Net, price: spread back to 7d avg − costs−$86as in the Price arb table

costs, in and out, $10k−$720.723% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.114%+$11 on $10k

Price spread, last 7 days+0.152%+$15 · spread now −0.067%, 7d avg +0.075%

Together, before fees+0.266%+$27 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bitget is 0.142% cheaper against Binance than usual: you would sell low and buy high (spread −0.067% now, against its 7-day average of +0.075%). If the spread goes back, that is −$14 on $10k: about 19 hours of funding at the current rate (+$18 a day). At the pace of the last 7 days (+0.114% in total) that is about 8.7 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.114% in total (about 5.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.00 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	Binance ZETAUSDT	0.05949	−0.0500	get 0.0250% / 4h	3h 31m	$8.1M	$361.2M	50x
Short	Bitget ZETAUSDT	0.05945	0.0100	get 0.0050% / 4h	3h 31m	$2.3M	$70.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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 BinancebpFee BitgetbpOrdersPrice spread, now −0.067%Rate

Funding earned: $125.97
Price spread: −0.067% → +0.075%: −$14.18
Slippage, 4 orders: −$50.31
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: $39.49
Costs to cover: 0.723%
Break-even: 4.8 days

Slippage from Binance: live order book, 12 min ago; Bitget: live order book, 3 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 Binance live order book, 12 min ago	1.69 bp	9.3 bp −$9	67.0 bp −$670	454.8 bp −$45.5K	doesn't fit
Sell Bitget live order book, 3 min ago	3.38 bp	22.1 bp −$22	98.7 bp −$987	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
Variational Omni ZETA	−0.0876%	4h	0.05901	−0.799%	$112K	$730K	—	as long as short
Bybit ZETAUSDT	−0.0849%	4h	0.05936	−0.219%	$4.9M	$93.7M	25x	as long as short
Gate ZETA_USDT	−0.0812%	4h	0.05936	−0.219%	$600K	$10.0M	25x	as long as short
Kraken Futures PF_ZETAUSD	−0.0683%	1h	0.05943	−0.099%	$48K	$730K	10x	as long as short
KuCoin ZETAUSDTM	−0.0664%	4h	0.05942	−0.118%	$1.2M	$5.8M	20x	as long as short
OKX ZETA-USDT-SWAP	−0.0600%	4h	0.05942	−0.118%	$1.2M	$53.6M	20x	as long as short
BloFin ZETA-USDT	−0.0542%	4h	0.05974	+0.420%	$396K	$1.4M	50x	as long as short
Binance ZETAUSDTlong	−0.0500%	4h	0.05949	long leg	$8.1M	$361.2M	50x
MEXC ZETA_USDT	−0.0498%	4h	0.05933	−0.269%	$1.1M	$12.9M	50x	as long as short
Injective ZETA/USDC PERP	+0.0033%	1h	0.06460	+8.590%	$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	0.05934	−0.252%	$1.7M	$3.8M	3x	as long as short
Bitget ZETAUSDTshort	+0.0100%	4h	0.05945	−0.067%	$2.3M	$70.0M	50x
BingX ZETA-USDT	+0.0100%	4h	0.05945	−0.067%	—	$8.0M	—	as long as short