ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0489%/8h= +53.5% APRnext payment +$2.44 per $10,000 · paid last 24h +0.134%

Price spread now: Bitget against BloFin+0.534%65s7-day average +0.119% · you sell dearer than you buy

Net, funding: paid 7d − costs−$101as 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−$1111.106% of the position

Long on BloFin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.099%+$10 on $10k

Price spread, last 4 days (all we have)−0.740%−$74 · spread now +0.534%, 7d avg +0.119%

Together, before fees−0.641%−$64 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Bitget is 0.415% dearer against BloFin than usual: you sell high and buy low: +$42 more if the spread goes back to its 7-day average of +0.119%. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.099% in total (about 5.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.44 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	BloFin ZETA-USDT	0.05988	−0.0389	get 0.0194% / 4h	3h 10m	$398K	$1.4M	50x
Short	Bitget ZETAUSDT	0.06020	0.0100	get 0.0050% / 4h	3h 10m	$2.3M	$68.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. 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 BloFinbpFee BitgetbpOrdersPrice spread, now +0.534%Rate

Funding earned: $102.64
Price spread: +0.534% → +0.119%: $41.53
Slippage, 4 orders: −$86.62
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: $33.55
Costs to cover: 1.106%
Break-even: 4.7 days

Slippage from BloFin: live order book, 2 min ago; Bitget: live order book, 4 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 BloFin live order book, 2 min ago	11.73 bp	28.9 bp −$29	97.1 bp −$971	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	2.52 bp	33.3 bp −$33	126.0 bp −$1,260	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
Variational Omni ZETA	−0.0960%	4h	0.05971	−0.277%	$112K	$717K	—	as long as short
Gate ZETA_USDT	−0.0912%	4h	0.06011	+0.384%	$660K	$10.1M	25x	as long as short
Bybit ZETAUSDT	−0.0903%	4h	0.06012	+0.401%	$5.2M	$91.5M	25x	as long as short
Kraken Futures PF_ZETAUSD	−0.0674%	1h	0.06017	+0.484%	$54K	$738K	10x	as long as short
OKX ZETA-USDT-SWAP	−0.0531%	4h	0.06008	+0.334%	$1.2M	$52.1M	20x	as long as short
KuCoin ZETAUSDTM	−0.0498%	4h	0.06017	+0.484%	$1.2M	$5.6M	20x	as long as short
MEXC ZETA_USDT	−0.0432%	4h	0.06012	+0.401%	$1.2M	$13.0M	50x	as long as short
Binance ZETAUSDT	−0.0431%	4h	0.06014	+0.441%	$8.3M	$352.2M	50x	as long as short
BloFin ZETA-USDTlong	−0.0389%	4h	0.05988	long leg	$398K	$1.4M	50x
Injective ZETA/USDC PERP	+0.0033%	1h	0.06460	+7.882%	$1K	$1K	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	0.06016	+0.468%	$1.7M	$3.7M	3x	as long as short
Bitget ZETAUSDTshort	+0.0100%	4h	0.06020	+0.534%	$2.3M	$68.1M	50x
BingX ZETA-USDT	+0.0100%	4h	0.06018	+0.501%	—	$7.9M	—	as long as short