ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0650%/8h= +71.2% APRnext payment +$3.25 per $10,000 · paid last 24h +0.007%

Price spread now: BingX against Gate−0.033%7-day average −0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$108as in the Funding arb table

Net, price: spread back to 7d avg − costs−$105as in the Price arb table

costs, in and out, $10k−$1041.036% of the position

Long on Gate Short on BingX

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)+0.141%+$14 · spread now −0.033%, 7d avg −0.021%

Together, before fees+0.094%+$9 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.021%, so right now this pair is about funding alone: +$20 a day on $10k at the current rate.

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 +$3.25 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	0.06021	−0.0752	get 0.0376% / 4h	2h 45m	$600K	$9.4M	25x
Short	BingX ZETA-USDT	0.06019	−0.0102	pay 0.0051% / 4h	2h 45m	—	$6.7M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now −0.033%Rate

Funding earned: $136.5
Price spread: −0.033% → −0.021%: −$1.27
Slippage, 4 orders: −$78.56
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BingX: 5 bp × 2 orders: −$10
Net: $31.67
Costs to cover: 1.036%
Break-even: 5.4 days

Slippage from Gate: live order book, 3 min ago; BingX: live order book, 7 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, 3 min ago	4.93 bp	30.0 bp −$30	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 7 min ago	4.16 bp	18.2 bp −$18	49.6 bp −$496	302.0 bp −$30.2K	643.9 bp −$321.9K

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	−0.0752%	4h	0.06021	long leg	$600K	$9.4M	25x
KuCoin ZETAUSDTM	−0.0492%	4h	0.06015	−0.100%	$1.2M	$5.0M	20x	as long as short
Kraken Futures PF_ZETAUSD	−0.0426%	1h	0.06035	+0.228%	$67K	$630K	10x	as long as short
Binance ZETAUSDT	−0.0121%	4h	0.06019	−0.033%	$8.3M	$300.2M	50x	as long as short
OKX ZETA-USDT-SWAP	−0.0111%	4h	0.06024	+0.050%	$1.1M	$46.0M	20x	as long as short
MEXC ZETA_USDT	−0.0102%	4h	0.06014	−0.116%	$1.5M	$11.5M	50x	as long as short
BingX ZETA-USDTshort	−0.0102%	4h	0.06019	−0.033%	—	$6.7M	—
BloFin ZETA-USDT	−0.0083%	4h	0.06065	+0.731%	$409K	$981K	50x	as long as short
Injective ZETA/USDC PERP	+0.0033%	1h	0.06460	+7.291%	$1K	$5K	5.5x	as long as short
Variational Omni ZETA	+0.0070%	4h	0.06074	+0.881%	$143K	$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	0.06014	−0.116%	$1.7M	$3.6M	3x	as long as short
Bybit ZETAUSDT	+0.0100%	4h	0.06019	−0.033%	$5.3M	$77.4M	25x	as long as short
Bitget ZETAUSDT	+0.0100%	4h	0.06029	+0.133%	$2.2M	$57.1M	50x	as long as short