Funding you earn now, next payment 04:00 UTC+0.0072%/8h= +7.9% APRnext payment +$0.36 per $10,000 · paid last 24h −0.044%
Price spread now: Gate against BloFin+0.121%7-day average +0.091% · you sell dearer than you buy
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1321.321% of the position
Funding, last 7 days−0.050%−$5 on $10k
+Price spread, last 4 days (all we have)−0.630%−$63 · spread now +0.121%, 7d avg +0.091%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Gate is 0.031% dearer against BloFin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.091%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ZETA-USDT | 0.05766 | −0.1746 | get 0.0873% / 4h | 1h 39m | $386K | $1.2M | 50x |
| Short | Gate ZETA_USDT | 0.05773 | −0.1674 | pay 0.0837% / 4h | 1h 39m | $586K | $10.6M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $15.18
- Price spread: +0.121% → +0.091%
- $3.09
- Slippage, 4 orders
- −$105.06
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$113.8
- Costs to cover
- 1.321%
- Break-even
- 59.5 days
Slippage from BloFin: live order book, 3 min ago; Gate: 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, 3 min ago | 5.20 bp | 17.0 bp −$17 | 67.9 bp −$679 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 4.29 bp | 53.6 bp −$54 | 303.9 bp −$3,039 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZETAUSDTM | −0.2064% | 4h | 0.05777 | +0.191% | $1.1M | $5.6M | 20x | as long as short |
| OKX ZETA-USDT-SWAP | −0.1953% | 4h | 0.05760 | −0.104% | $1.1M | $51.8M | 20x | as long as short |
| BingX ZETA-USDT | −0.1850% | 4h | 0.05774 | +0.139% | — | $7.6M | — | as long as short |
| Binance ZETAUSDT | −0.1794% | 4h | 0.05764 | −0.036% | $8.0M | $347.9M | 50x | as long as short |
| MEXC ZETA_USDT | −0.1786% | 4h | 0.05772 | +0.104% | $1.0M | $12.3M | 50x | as long as short |
| Kraken Futures PF_ZETAUSD | −0.1786% | 1h | 0.05762 | −0.063% | $47K | $719K | 10x | as long as short |
| BloFin ZETA-USDTlong | −0.1746% | 4h | 0.05766 | long leg | $386K | $1.2M | 50x | |
| Gate ZETA_USDTshort | −0.1674% | 4h | 0.05773 | +0.121% | $586K | $10.6M | 25x | |
| Variational Omni ZETA | −0.1499% | 4h | 0.05763 | −0.046% | $112K | $758K | — | as long as short |
| Hyperliquid ZETA | −0.1426% | 1h | 0.05769 | +0.052% | $1.6M | $4.0M | 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 | −0.1066% | 4h | 0.05768 | +0.035% | $5.2M | $89.8M | 25x | as long as short |
| Injective ZETA/USDC PERP | +0.0033% | 1h | 0.06460 | +12.036% | $1K | $5K | 5.5x | as long as short |
| Bitget ZETAUSDT | +0.0100% | 4h | 0.05770 | +0.069% | $2.3M | $67.0M | 50x | as long as short |
BloFin ZETA-USDT
Gate ZETA_USDT
KuCoin ZETAUSDTM
OKX ZETA-USDT-SWAP
BingX ZETA-USDT
Binance ZETAUSDT
MEXC ZETA_USDT
Kraken Futures PF_ZETAUSD
Variational Omni ZETA
Hyperliquid ZETA
Bybit ZETAUSDT
Injective ZETA/USDC PERP
Bitget ZETAUSDT