ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0660%/8h= +72.3% APRnext payment +$3.30 per $10,000 · paid last 24h +0.191%

Price spread now: Bitget against KuCoin+0.084%7-day average −0.036% · you sell dearer than you buy

Net, funding: paid 7d − costs−$150as in the Funding arb table

Net, price: spread back to 7d avg − costs−$159as in the Price arb table

costs, in and out, $10k−$1711.714% of the position

Long on KuCoin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.214%+$21 on $10k

Price spread, last 7 days−0.117%−$12 · spread now +0.084%, 7d avg −0.036%

Together, before fees+0.097%+$10 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Bitget is 0.120% dearer against KuCoin than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.036%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.214% in total (about 11.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.30 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	KuCoin ZETAUSDTM	0.05959	−0.0560	get 0.0280% / 4h	2h 35m	$1.2M	$5.3M	20x
Short	Bitget ZETAUSDT	0.05964	0.0100	get 0.0050% / 4h	2h 35m	$2.3M	$66.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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 KuCoinbpFee BitgetbpOrdersPrice spread, now +0.084%Rate

Funding earned: $138.6
Price spread: +0.084% → −0.036%: $11.99
Slippage, 4 orders: −$147.44
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$20.86
Costs to cover: 1.714%
Break-even: 8.1 days

Slippage from KuCoin: live order book, 7 min ago; Bitget: live order book, 3 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 KuCoin live order book, 7 min ago	10.07 bp	64.7 bp −$65	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	3.37 bp	32.1 bp −$32	130.3 bp −$1,303	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
Kraken Futures PF_ZETAUSD	−0.2805%	1h	0.05937	−0.361%	$56K	$722K	10x	as long as short
Bybit ZETAUSDT	−0.2176%	4h	0.05962	+0.050%	$5.1M	$89.8M	25x	as long as short
Variational Omni ZETA	−0.1365%	4h	0.05949	−0.167%	$112K	$691K	—	as long as short
Gate ZETA_USDT	−0.1256%	4h	0.05955	−0.067%	$654K	$9.5M	25x	as long as short
KuCoin ZETAUSDTMlong	−0.0560%	4h	0.05959	long leg	$1.2M	$5.3M	20x
BloFin ZETA-USDT	−0.0555%	4h	0.05951	−0.134%	$399K	$1.3M	50x	as long as short
Binance ZETAUSDT	−0.0547%	4h	0.05960	+0.017%	$8.2M	$342.9M	50x	as long as short
MEXC ZETA_USDT	−0.0532%	4h	0.05965	+0.101%	$1.2M	$11.9M	50x	as long as short
OKX ZETA-USDT-SWAP	−0.0496%	4h	0.05956	−0.050%	$1.2M	$50.2M	20x	as long as short
Hyperliquid ZETA	−0.0241%	1h	0.05946	−0.218%	$1.7M	$3.6M	3x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective ZETA/USDC PERP	+0.0033%	1h	0.06460	+8.407%	$1K	$1K	5.5x	as long as short
Bitget ZETAUSDTshort	+0.0100%	4h	0.05964	+0.084%	$2.3M	$66.4M	50x
BingX ZETA-USDT	+0.0100%	4h	0.05956	−0.050%	—	$7.8M	—	as long as short