ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0572%/8h= +62.6% APRnext payment +$2.86 per $10,000 · paid last 24h +0.032%

Price spread now: Binance against Gate−0.159%7-day average −0.030% · you buy dearer than you sell

Net, funding: paid 7d − costs−$97as in the Funding arb table

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

costs, in and out, $10k−$1000.997% of the position

Long on Gate Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.027%+$3 on $10k

Price spread, last 4 days (all we have)−0.004%$0 · spread now −0.159%, 7d avg −0.030%

Together, before fees+0.023%+$2 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.128% cheaper against Gate than usual: you would sell low and buy high (spread −0.159% now, against its 7-day average of −0.030%). If the spread goes back, that is −$13 on $10k: about 18 hours of funding at the current rate (+$17 a day). At the pace of the last 7 days (+0.027% in total) that is about 33 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.027% in total (about 1.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.86 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	Gate ZETA_USDT	0.06081	−0.0674	get 0.0337% / 4h	2h 46m	$606K	$9.4M	25x
Short	Binance ZETAUSDT	0.06071	−0.0102	pay 0.0051% / 4h	2h 46m	$8.4M	$300.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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 GatebpFee BinancebpOrdersPrice spread, now −0.159%Rate

Funding earned: $120.04
Price spread: −0.159% → −0.030%: −$12.85
Slippage, 4 orders: −$74.7
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: $7.5
Costs to cover: 0.997%
Break-even: 6.6 days

Slippage from Gate: live order book, 2 min ago; Binance: live order book, 12 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 Gate live order book, 2 min ago	4.93 bp	30.0 bp −$30	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 12 min ago	1.64 bp	17.4 bp −$17	58.1 bp −$581	404.6 bp −$40.5K	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_USDTlong	−0.0674%	4h	0.06081	long leg	$606K	$9.4M	25x
KuCoin ZETAUSDTM	−0.0486%	4h	0.06078	−0.049%	$1.2M	$5.0M	20x	as long as short
Kraken Futures PF_ZETAUSD	−0.0423%	1h	0.06085	+0.058%	$67K	$630K	10x	as long as short
Binance ZETAUSDTshort	−0.0102%	4h	0.06071	−0.159%	$8.4M	$300.1M	50x
MEXC ZETA_USDT	−0.0102%	4h	0.06064	−0.280%	$1.5M	$11.5M	50x	as long as short
BingX ZETA-USDT	−0.0102%	4h	0.06072	−0.148%	—	$6.7M	—	as long as short
OKX ZETA-USDT-SWAP	−0.0099%	4h	0.06053	−0.460%	$1.1M	$46.2M	20x	as long as short
BloFin ZETA-USDT	−0.0083%	4h	0.06065	−0.263%	$409K	$981K	50x	as long as short
Injective ZETA/USDC PERP	+0.0033%	1h	0.06460	+6.233%	$1K	$5K	5.5x	as long as short
Variational Omni ZETA	+0.0100%	4h	0.06036	−0.748%	$142K	$695K	—	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	0.06074	−0.115%	$1.7M	$3.6M	3x	as long as short
Bybit ZETAUSDT	+0.0100%	4h	0.06070	−0.181%	$5.4M	$77.4M	25x	as long as short
Bitget ZETAUSDT	+0.0100%	4h	0.06080	−0.016%	$2.2M	$57.1M	50x	as long as short