ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0768%/8h= +84.1% APRnext payment +$3.84 per $10,000 · paid last 24h +0.045%

Price spread now: BloFin against Gate+0.307%7-day average −0.089% · you sell dearer than you buy

Net, funding: paid 7d − costs−$107as in the Funding arb table

Net, price: spread back to 7d avg − costs−$72as in the Price arb table

costs, in and out, $10k−$1121.117% of the position

Long on Gate Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.051%+$5 on $10k

Price spread, last 3 days (all we have)−0.274%−$27 · spread now +0.307%, 7d avg −0.089%

Together, before fees−0.224%−$22 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and BloFin is 0.396% dearer against Gate than usual: you sell high and buy low: +$40 more if the spread goes back to its 7-day average of −0.089%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.051% in total (about 2.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.84 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	0.05864	−0.2832	get 0.1416% / 4h	3h 10m	$602K	$10.2M	25x
Short	BloFin ZETA-USDT	0.05882	−0.2064	pay 0.1032% / 4h	3h 10m	$394K	$1.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.307%Rate

Funding earned: $161.26
Price spread: +0.307% → −0.089%: $39.55
Slippage, 4 orders: −$84.73
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: $89.08
Costs to cover: 1.117%
Break-even: 3.1 days

Slippage from Gate: live order book, 3 min ago; BloFin: live order book, 2 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	2.56 bp	54.7 bp −$55	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 2 min ago	5.10 bp	15.2 bp −$15	42.9 bp −$429	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
Gate ZETA_USDTlong	−0.2832%	4h	0.05864	long leg	$602K	$10.2M	25x
Kraken Futures PF_ZETAUSD	−0.2760%	1h	0.05900	+0.613%	$49K	$712K	10x	as long as short
BloFin ZETA-USDTshort	−0.2064%	4h	0.05882	+0.307%	$394K	$1.1M	50x
Binance ZETAUSDT	−0.2042%	4h	0.05863	−0.017%	$8.1M	$331.3M	50x	as long as short
MEXC ZETA_USDT	−0.2042%	4h	0.05865	+0.017%	$1.1M	$12.1M	50x	as long as short
BingX ZETA-USDT	−0.1958%	4h	0.05857	−0.119%	—	$7.2M	—	as long as short
OKX ZETA-USDT-SWAP	−0.1947%	4h	0.05852	−0.205%	$1.1M	$50.2M	20x	as long as short
KuCoin ZETAUSDTM	−0.1856%	4h	0.05877	+0.222%	$1.2M	$5.5M	20x	as long as short
Bybit ZETAUSDT	−0.1634%	4h	0.05861	−0.051%	$5.1M	$85.6M	25x	as long as short
Variational Omni ZETA	−0.1576%	4h	0.05896	+0.538%	$110K	$748K	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ZETA	−0.0501%	1h	0.05876	+0.205%	$1.6M	$3.9M	3x	as long as short
Injective ZETA/USDC PERP	+0.0033%	1h	0.06460	+10.164%	$1K	$5K	5.5x	as long as short
Bitget ZETAUSDT	+0.0100%	4h	0.05859	−0.085%	$2.2M	$63.8M	50x	as long as short