ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0490%/8h= −53.7% APRnext payment −$2.45 per $10,000 · paid last 24h −0.007%

Price spread now: Gate against BingX+0.135%7-day average +0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$120as in the Funding arb table

Net, price: spread back to 7d avg − costs−$113as in the Price arb table

costs, in and out, $10k−$1251.246% of the position

Long on BingX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.047%+$5 on $10k

Price spread, last 4 days (all we have)−0.156%−$16 · spread now +0.135%, 7d avg +0.022%

Together, before fees−0.109%−$11 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.114% dearer against BingX than usual: you sell high and buy low (spread +0.135% now, against its 7-day average of +0.022%): +$11 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 19 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.047% in total (about 2.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.45 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	0.05908	−0.0908	get 0.0454% / 4h	29m 58s	—	$6.8M	—
Short	Gate ZETA_USDT	0.05916	−0.1398	pay 0.0699% / 4h	29m 58s	$593K	$9.6M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.135%Rate

Funding earned: −$102.9
Price spread: +0.135% → +0.022%: $11.35
Slippage, 4 orders: −$99.61
Fee BingX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$216.16
Costs to cover: 1.246%
Break-even: never at this rate

Slippage from BingX: live order book, 8 min ago; Gate: 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 BingX live order book, 8 min ago	2.51 bp	15.1 bp −$15	45.3 bp −$453	414.2 bp −$41.4K	774.8 bp −$387.4K
Sell Gate live order book, 3 min ago	6.72 bp	57.1 bp −$57	345.0 bp −$3,450	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	−0.1398%	4h	0.05916	+0.135%	$593K	$9.6M	25x
Binance ZETAUSDT	−0.0966%	4h	0.05912	+0.075%	$8.3M	$310.1M	50x	as long as short
MEXC ZETA_USDT	−0.0964%	4h	0.05914	+0.102%	$1.4M	$11.7M	50x	as long as short
BloFin ZETA-USDT	−0.0951%	4h	0.05928	+0.339%	$409K	$1.0M	50x	as long as short
BingX ZETA-USDTlong	−0.0908%	4h	0.05908	long leg	—	$6.8M	—
OKX ZETA-USDT-SWAP	−0.0907%	4h	0.05903	−0.085%	$1.1M	$46.4M	20x	as long as short
KuCoin ZETAUSDTM	−0.0714%	4h	0.05912	+0.068%	$1.1M	$5.2M	20x	as long as short
Variational Omni ZETA	−0.0652%	4h	0.05914	+0.099%	$136K	$712K	—	as long as short
Bybit ZETAUSDT	−0.0454%	4h	0.05900	−0.135%	$5.1M	$79.8M	25x	as long as short
Hyperliquid ZETA	−0.0295%	1h	0.05913	+0.085%	$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
Kraken Futures PF_ZETAUSD	−0.0189%	1h	0.05917	+0.150%	$67K	$645K	10x	as long as short
Injective ZETA/USDC PERP	+0.0033%	1h	0.06460	+9.343%	$1K	$5K	5.5x	as long as short
Bitget ZETAUSDT	+0.0100%	4h	0.05910	+0.034%	$2.2M	$58.8M	50x	as long as short