ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0477%/8h= −52.2% APRnext payment −$2.38 per $10,000 · paid last 24h −0.032%

Price spread now: Gate against Binance+0.017%7-day average +0.030% · you sell dearer than you buy

Net, funding: paid 7d − costs−$112as in the Funding arb table

Net, price: spread back to 7d avg − costs−$110as in the Price arb table

costs, in and out, $10k−$1091.088% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.027%−$3 on $10k

Price spread, last 4 days (all we have)+0.079%+$8 · spread now +0.017%, 7d avg +0.030%

Together, before fees+0.052%+$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.030%, so right now this pair is about funding alone: −$14 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.027% in total (about -1.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.38 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	0.05971	−0.0763	get 0.0382% / 4h	1h 11m	$8.5M	$306.8M	50x
Short	Gate ZETA_USDT	0.05972	−0.1240	pay 0.0620% / 4h	1h 11m	$624K	$9.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.017%Rate

Funding earned: −$100.11
Price spread: +0.017% → +0.030%: −$1.3
Slippage, 4 orders: −$83.84
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$210.25
Costs to cover: 1.088%
Break-even: never at this rate

Slippage from Binance: live order book, 2 min ago; Gate: 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 Binance live order book, 2 min ago	2.50 bp	15.7 bp −$16	56.1 bp −$561	482.2 bp −$48.2K	doesn't fit
Sell Gate live order book, 2 min ago	5.01 bp	40.5 bp −$41	273.2 bp −$2,732	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
Gate ZETA_USDTshort	−0.1240%	4h	0.05972	+0.017%	$624K	$9.5M	25x
Binance ZETAUSDTlong	−0.0763%	4h	0.05971	long leg	$8.5M	$306.8M	50x
MEXC ZETA_USDT	−0.0762%	4h	0.05970	−0.017%	$1.5M	$11.6M	50x	as long as short
BingX ZETA-USDT	−0.0698%	4h	0.05971	0.000%	—	$6.8M	—	as long as short
BloFin ZETA-USDT	−0.0684%	4h	0.05995	+0.402%	$415K	$1.0M	50x	as long as short
OKX ZETA-USDT-SWAP	−0.0660%	4h	0.05971	0.000%	$1.1M	$46.3M	20x	as long as short
KuCoin ZETAUSDTM	−0.0636%	4h	0.05962	−0.151%	$1.1M	$5.1M	20x	as long as short
Variational Omni ZETA	−0.0422%	4h	0.05988	+0.289%	$141K	$708K	—	as long as short
Kraken Futures PF_ZETAUSD	−0.0267%	1h	0.05981	+0.165%	$66K	$634K	10x	as long as short
Hyperliquid ZETA	−0.0230%	1h	0.05972	+0.017%	$1.7M	$3.8M	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	−0.0210%	4h	0.05963	−0.134%	$5.3M	$79.0M	25x	as long as short
Injective ZETA/USDC PERP	+0.0033%	1h	0.06460	+8.190%	$1K	$5K	5.5x	as long as short
Bitget ZETAUSDT	+0.0100%	4h	0.05974	+0.050%	$2.2M	$58.2M	50x	as long as short