ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.1017%/8h= −111.3% APRnext payment −$5.08 per $10,000 · paid last 24h +0.028%

Price spread now: Bybit against Binance+0.010%7-day average −0.005% · you sell dearer than you buy

Net, funding: paid 7d − costs−$93as in the Funding arb table

Net, price: spread back to 7d avg − costs−$92as in the Price arb table

costs, in and out, $10k−$930.934% of the position

Long on Binance Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days+0.038%+$4 · spread now +0.010%, 7d avg −0.005%

Together, before fees+0.038%+$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.005%, so right now this pair is about funding alone: −$30 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 -0.000% in total (about -0.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.08 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	Binance ZETAUSDT	0.05852	−0.1049	get 0.0524% / 4h	3h 23m	$7.5M	$285.1M	50x
Short	Bybit ZETAUSDT	0.05853	−0.2065	pay 0.1033% / 4h	3h 23m	$4.8M	$76.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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 BinancebpFee BybitbpOrdersPrice spread, now +0.010%Rate

Funding earned: −$213.49
Price spread: +0.010% → −0.005%: $1.51
Slippage, 4 orders: −$72.41
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$305.39
Costs to cover: 0.934%
Break-even: never at this rate

Slippage from Binance: live order book, 5 min ago; Bybit: 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 Binance live order book, 5 min ago	0.86 bp	18.6 bp −$19	104.9 bp −$1,049	doesn't fit	doesn't fit
Sell Bybit live order book, 5 min ago	3.45 bp	24.3 bp −$24	122.8 bp −$1,228	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	−0.3665%	1h	0.05844	−0.143%	$56K	$598K	10x	as long as short
Bybit ZETAUSDTshort	−0.2065%	4h	0.05853	+0.010%	$4.8M	$76.5M	25x
Gate ZETA_USDT	−0.1880%	4h	0.05848	−0.075%	$586K	$7.1M	25x	as long as short
Variational Omni ZETA	−0.1775%	4h	0.05842	−0.180%	$121K	$565K	—	as long as short
MEXC ZETA_USDT	−0.1052%	4h	0.05853	+0.010%	$1.2M	$9.8M	50x	as long as short
Binance ZETAUSDTlong	−0.1049%	4h	0.05852	long leg	$7.5M	$285.1M	50x
BloFin ZETA-USDT	−0.1023%	4h	0.05788	−1.100%	$357K	$1.2M	50x	as long as short
OKX ZETA-USDT-SWAP	−0.0772%	4h	0.05846	−0.109%	$1.1M	$40.5M	20x	as long as short
KuCoin ZETAUSDTM	−0.0642%	4h	0.05853	+0.010%	$972K	$4.4M	20x	as long as short
Hyperliquid ZETA	−0.0179%	1h	0.05851	−0.024%	$1.6M	$2.9M	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	+10.382%	$1K	$1K	5.5x	as long as short
Bitget ZETAUSDT	+0.0100%	4h	0.05861	+0.147%	$2.5M	$56.3M	50x	as long as short
BingX ZETA-USDT	+0.0100%	4h	0.05846	−0.109%	—	$7.2M	—	as long as short