ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.1754%/8h= +192.1% APRnext payment +$8.77 per $10,000 · paid last 24h +0.115%

Price spread now: Bitget against BingX+0.070%7-day average +0.061% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$85as in the Price arb table

costs, in and out, $10k−$860.860% of the position

Long on BingX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.147%+$15 on $10k

Price spread, last 4 days (all we have)+0.037%+$4 · spread now +0.070%, 7d avg +0.061%

Together, before fees+0.185%+$18 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.061%, so right now this pair is about funding alone: +$53 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 0.147% in total (about 7.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$8.77 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	BingX ZETA-USDT	0.05755	−0.1654	get 0.0827% / 4h	3h 41m	—	$7.1M	—
Short	Bitget ZETAUSDT	0.05759	0.0100	get 0.0050% / 4h	3h 41m	$2.1M	$62.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against BingX. 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 BingXbpFee BitgetbpOrdersPrice spread, now +0.070%Rate

Funding earned: $368.34
Price spread: +0.070% → +0.061%: $0.88
Slippage, 4 orders: −$64.01
Fee BingX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: $283.22
Costs to cover: 0.860%
Break-even: 1.6 days

Slippage from BingX: live order book, 6 min ago; Bitget: 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 BingX live order book, 6 min ago	4.39 bp	22.7 bp −$23	53.9 bp −$539	432.0 bp −$43.2K	785.3 bp −$392.6K
Sell Bitget live order book, 2 min ago	4.33 bp	21.2 bp −$21	128.0 bp −$1,280	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	−0.2834%	1h	0.05747	−0.131%	$49K	$701K	10x	as long as short
Binance ZETAUSDT	−0.1799%	4h	0.05756	+0.019%	$7.8M	$324.4M	50x	as long as short
MEXC ZETA_USDT	−0.1782%	4h	0.05749	−0.104%	$1.3M	$12.0M	50x	as long as short
BloFin ZETA-USDT	−0.1776%	4h	0.05724	−0.539%	$355K	$1.1M	50x	as long as short
BingX ZETA-USDTlong	−0.1654%	4h	0.05755	long leg	—	$7.1M	—
OKX ZETA-USDT-SWAP	−0.1532%	4h	0.05747	−0.139%	$1.1M	$48.1M	20x	as long as short
KuCoin ZETAUSDTM	−0.1470%	4h	0.05747	−0.139%	$1.1M	$5.4M	20x	as long as short
Gate ZETA_USDT	−0.1434%	4h	0.05758	+0.052%	$574K	$10.0M	25x	as long as short
Variational Omni ZETA	−0.1266%	4h	0.05756	+0.019%	$110K	$736K	—	as long as short
Hyperliquid ZETA	−0.0633%	1h	0.05739	−0.278%	$1.6M	$3.9M	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	−0.0371%	4h	0.05749	−0.104%	$5.0M	$83.8M	25x	as long as short
Injective ZETA/USDC PERP	+0.0033%	1h	0.06460	+12.250%	$1K	$5K	5.5x	as long as short
Bitget ZETAUSDTshort	+0.0100%	4h	0.05759	+0.070%	$2.1M	$62.0M	50x