ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0780%/8h= +85.4% APRnext payment +$3.90 per $10,000 · paid last 24h −0.042%

Price spread now: Gate against MEXC−0.066%7-day average −0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$101as in the Funding arb table

Net, price: spread back to 7d avg − costs−$103as in the Price arb table

costs, in and out, $10k−$970.971% of the position

Long on MEXC Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.036%−$4 on $10k

Price spread, last 7 days+0.141%+$14 · spread now −0.066%, 7d avg −0.009%

Together, before fees+0.105%+$10 on $10k · with fees, hour by hour

Funding pays, the price is against you. Gate is 0.058% cheaper against MEXC than usual: you would sell low and buy high (spread −0.066% now, against its 7-day average of −0.009%). If the spread goes back, that is −$6 on $10k: about 6 hours of funding at the current rate (+$23 a day).

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.036% in total (about -1.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.90 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	0.06046	−0.0680	get 0.0340% / 4h	3h 56m	$1.2M	$12.8M	50x
Short	Gate ZETA_USDT	0.06042	0.0100	get 0.0050% / 4h	3h 56m	$625K	$9.9M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.066%Rate

Funding earned: $163.8
Price spread: −0.066% → −0.009%: −$5.76
Slippage, 4 orders: −$78.06
Fee MEXC: 2 bp × 2 orders: −$4
Fee Gate: 7.5 bp × 2 orders: −$15
Net: $60.98
Costs to cover: 0.971%
Break-even: 4.4 days

Slippage from MEXC: live order book, 2 min ago; Gate: 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 MEXC live order book, 2 min ago	0.83 bp	7.0 bp −$7	65.4 bp −$654	137.2 bp −$13.7K	doesn't fit
Sell Gate live order book, 2 min ago	5.78 bp	40.2 bp −$40	350.0 bp −$3,500	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	−0.0972%	4h	0.06048	+0.033%	$1.3M	$5.9M	20x	as long as short
Variational Omni ZETA	−0.0954%	4h	0.06045	−0.009%	$118K	$773K	—	as long as short
OKX ZETA-USDT-SWAP	−0.0883%	4h	0.06001	−0.744%	$1.3M	$56.5M	20x	as long as short
MEXC ZETA_USDTlong	−0.0680%	4h	0.06046	long leg	$1.2M	$12.8M	50x
Kraken Futures PF_ZETAUSD	−0.0678%	1h	0.05988	−0.960%	$49K	$731K	10x	as long as short
Binance ZETAUSDT	−0.0660%	4h	0.05985	−1.006%	$8.3M	$373.0M	50x	as long as short
BloFin ZETA-USDT	−0.0643%	4h	0.06050	+0.066%	$409K	$1.4M	50x	as long as short
Injective ZETA/USDC PERP	+0.0033%	1h	0.06460	+6.848%	$1K	$1K	5.5x	as long as short
Hyperliquid ZETA	+0.0100%	1h	0.06039	−0.116%	$1.7M	$4.0M	3x	as long as short
Bybit ZETAUSDT	+0.0100%	4h	0.05971	−1.240%	$5.1M	$96.2M	25x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate ZETA_USDTshort	+0.0100%	4h	0.06042	−0.066%	$625K	$9.9M	25x
Bitget ZETAUSDT	+0.0100%	4h	0.05999	−0.777%	$2.3M	$72.5M	50x	as long as short
BingX ZETA-USDT	+0.0100%	4h	0.06031	−0.248%	—	$8.1M	—	as long as short