ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0027%/8h= −3.0% APRnext payment −$0.14 per $10,000 · paid last 24h +0.002%

Price spread now: BloFin against Binance−0.867%81s7-day average −0.080% · you buy dearer than you sell

Net, funding: paid 7d − costs−$71as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$730.727% of the position

Long on Binance Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.014%+$1 on $10k

Price spread, last 4 days (all we have)+1.191%+$119 · spread now −0.867%, 7d avg −0.080%

Together, before fees+1.205%+$120 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.787% cheaper against Binance than usual: you would sell low and buy high (−$79 if the spread goes back to its 7-day average of −0.080%). Swap the legs. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ZETAUSDT	0.05480	−0.1036	get 0.0518% / 4h	51m 55s	$6.6M	$236.1M	50x
Short	BloFin ZETA-USDT	0.05432	−0.1064	pay 0.0532% / 4h	51m 55s	$318K	$979K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.867%Rate

Funding earned: −$5.73
Price spread: −0.867% → −0.080%: −$78.71
Slippage, 4 orders: −$50.74
Fee Binance: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$157.17
Costs to cover: 0.727%
Break-even: never at this rate

Slippage from Binance: live order book, 15 min ago; BloFin: 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, 15 min ago	0.90 bp	17.7 bp −$18	84.6 bp −$846	doesn't fit	doesn't fit
Sell BloFin live order book, 3 min ago	4.54 bp	24.7 bp −$25	48.5 bp −$485	doesn't fit	doesn't fit

ZETA on 13 exchanges

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	−0.3196%	1h	0.05477	−0.039%	$54K	$493K	10x	as long as short
Variational Omni ZETA	−0.1618%	4h	0.05512	+0.593%	$118K	$398K	—	as long as short
BloFin ZETA-USDTshort	−0.1064%	4h	0.05432	−0.867%	$318K	$979K	50x
Binance ZETAUSDTlong	−0.1036%	4h	0.05480	long leg	$6.6M	$236.1M	50x
MEXC ZETA_USDT	−0.1036%	4h	0.05476	−0.064%	$1.1M	$7.2M	50x	as long as short
Gate ZETA_USDT	−0.1030%	4h	0.05480	+0.009%	$508K	$5.9M	25x	as long as short
Bybit ZETAUSDT	−0.1007%	4h	0.05477	−0.046%	$4.3M	$63.8M	25x	as long as short
OKX ZETA-USDT-SWAP	−0.0656%	4h	0.05477	−0.046%	$981K	$31.5M	20x	as long as short
KuCoin ZETAUSDTM	−0.0614%	4h	0.05475	−0.083%	$904K	$3.5M	20x	as long as short
Bitget ZETAUSDT	−0.0278%	4h	0.05477	−0.046%	$2.1M	$47.5M	50x	as long as short

Show all 13 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ZETA-USDT	−0.0198%	4h	0.05472	−0.137%	—	$6.5M	—	as long as short
Hyperliquid ZETA	+0.0024%	1h	0.05478	−0.028%	$1.4M	$2.8M	3x	as long as short
Injective ZETA/USDC PERP	+0.0033%	1h	0.06460	+17.893%	$1K	$1K	5.5x	as long as short