ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.1140%/8h= −124.8% APRnext payment −$5.70 per $10,000 · paid last 24h −0.096%

Price spread now: Binance against Bitget−0.282%7-day average −0.076% · you buy dearer than you sell

Net, funding: paid 7d − costs−$94as in the Funding arb table

Net, price: spread back to 7d avg − costs−$106as in the Price arb table

costs, in and out, $10k−$860.857% of the position

Long on Bitget Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.079%−$8 on $10k

Price spread, last 7 days+0.164%+$16 · spread now −0.282%, 7d avg −0.076%

Together, before fees+0.085%+$9 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$34 a day on $10k at the current rate, and Binance is 0.206% cheaper against Bitget than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of −0.076%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.079% in total (about -4.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.70 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	Bitget ZETAUSDT	0.06315	0.0100	pay 0.0050% / 4h	29m 15s	$2.4M	$73.2M	50x
Short	Binance ZETAUSDT	0.06297	−0.1040	pay 0.0520% / 4h	29m 15s	$9.2M	$375.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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 BitgetbpFee BinancebpOrdersPrice spread, now −0.282%Rate

Funding earned: −$239.43
Price spread: −0.282% → −0.076%: −$20.61
Slippage, 4 orders: −$63.66
Fee Bitget: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$345.69
Costs to cover: 0.857%
Break-even: never at this rate

Slippage from Bitget: live order book, 5 min ago; Binance: live order book, 14 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 Bitget live order book, 5 min ago	2.35 bp	26.7 bp −$27	117.1 bp −$1,171	doesn't fit	doesn't fit
Sell Binance live order book, 14 min ago	2.36 bp	19.8 bp −$20	88.3 bp −$883	441.7 bp −$44.2K	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	−0.2222%	1h	0.06313	−0.029%	$50K	$734K	10x	as long as short
KuCoin ZETAUSDTM	−0.1422%	4h	0.06351	+0.570%	$1.2M	$6.0M	20x	as long as short
Variational Omni ZETA	−0.1317%	4h	0.06395	+1.265%	$124K	$778K	—	as long as short
OKX ZETA-USDT-SWAP	−0.1317%	4h	0.06285	−0.475%	$1.4M	$60.9M	20x	as long as short
BloFin ZETA-USDT	−0.1070%	4h	0.06297	−0.285%	$451K	$1.5M	50x	as long as short
Binance ZETAUSDTshort	−0.1040%	4h	0.06297	−0.282%	$9.2M	$375.5M	50x
MEXC ZETA_USDT	−0.1040%	4h	0.06353	+0.602%	$1.3M	$12.9M	50x	as long as short
Gate ZETA_USDT	−0.1032%	4h	0.06358	+0.681%	$672K	$11.1M	25x	as long as short
Bybit ZETAUSDT	−0.0765%	4h	0.06284	−0.491%	$5.6M	$96.7M	25x	as long as short
Injective ZETA/USDC PERP	+0.0033%	1h	0.06460	+2.296%	$1K	$3K	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	0.06352	+0.586%	$1.8M	$4.2M	3x	as long as short
Bitget ZETAUSDTlong	+0.0100%	4h	0.06315	long leg	$2.4M	$73.2M	50x
BingX ZETA-USDT	+0.0100%	4h	0.06359	+0.697%	—	$8.0M	—	as long as short