ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.1832%/8h= +200.6% APRnext payment +$9.16 per $10,000 · paid last 24h +0.095%

Price spread now: Bitget against MEXC+0.221%7-day average +0.075% · you sell dearer than you buy

Net, funding: paid 7d − costs−$48as in the Funding arb table

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$560.558% of the position

Long on MEXC Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.079%+$8 on $10k

Price spread, last 7 days−0.113%−$11 · spread now +0.221%, 7d avg +0.075%

Together, before fees−0.034%−$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$55 a day on $10k at the current rate, and Bitget is 0.146% dearer against MEXC than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.075%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.079% in total (about 4.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$9.16 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	MEXC ZETA_USDT	0.06325	−0.1732	get 0.0866% / 4h	1h 14m	$1.2M	$12.4M	50x
Short	Bitget ZETAUSDT	0.06339	0.0100	get 0.0050% / 4h	1h 14m	$2.5M	$68.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against MEXC. 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 MEXCbpFee BitgetbpOrdersPrice spread, now +0.221%Rate

Funding earned: $384.72
Price spread: +0.221% → +0.075%: $14.59
Slippage, 4 orders: −$39.83
Fee MEXC: 2 bp × 2 orders: −$4
Fee Bitget: 6 bp × 2 orders: −$12
Net: $343.48
Costs to cover: 0.558%
Break-even: 0.8 days

Slippage from MEXC: live order book, 4 min ago; Bitget: live order book, 5 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 MEXC live order book, 4 min ago	1.63 bp	10.4 bp −$10	72.4 bp −$724	123.0 bp −$12.3K	doesn't fit
Sell Bitget live order book, 5 min ago	4.91 bp	18.2 bp −$18	110.2 bp −$1,102	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	−0.1892%	4h	0.06334	+0.142%	$1.2M	$5.7M	20x	as long as short
OKX ZETA-USDT-SWAP	−0.1830%	4h	0.06369	+0.696%	$1.3M	$58.4M	20x	as long as short
BingX ZETA-USDT	−0.1790%	4h	0.06346	+0.332%	—	$7.6M	—	as long as short
MEXC ZETA_USDTlong	−0.1732%	4h	0.06325	long leg	$1.2M	$12.4M	50x
Binance ZETAUSDT	−0.1708%	4h	0.06372	+0.738%	$9.1M	$353.7M	50x	as long as short
BloFin ZETA-USDT	−0.1680%	4h	0.06118	−3.273%	$393K	$1.3M	50x	as long as short
Kraken Futures PF_ZETAUSD	−0.1629%	1h	0.06317	−0.126%	$49K	$728K	10x	as long as short
Variational Omni ZETA	−0.1622%	4h	0.06075	−3.948%	$120K	$760K	—	as long as short
Gate ZETA_USDT	−0.1486%	4h	0.06321	−0.063%	$671K	$10.8M	25x	as long as short
Hyperliquid ZETA	−0.1352%	1h	0.06319	−0.095%	$1.7M	$4.1M	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	−0.1080%	4h	0.06380	+0.870%	$5.8M	$91.6M	25x	as long as short
Injective ZETA/USDC PERP	+0.0033%	1h	0.06460	+2.134%	$1K	$5K	5.5x	as long as short
Bitget ZETAUSDTshort	+0.0100%	4h	0.06339	+0.221%	$2.5M	$68.4M	50x