ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0389%/8h= −42.6% APRnext payment −$1.95 per $10,000 · paid last 24h −0.032%

Price spread now: Gate against Binance+0.174%7-day average +0.030% · you sell dearer than you buy

Net, funding: paid 7d − costs−$112as in the Funding arb table

Net, price: spread back to 7d avg − costs−$95as in the Price arb table

costs, in and out, $10k−$1091.093% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.027%−$3 on $10k

Price spread, last 4 days (all we have)−0.011%−$1 · spread now +0.174%, 7d avg +0.030%

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

The price spread pays, funding is against you. Gate is 0.144% dearer against Binance than usual: you sell high and buy low (spread +0.174% now, against its 7-day average of +0.030%): +$14 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 30 hours. At the pace of the last 7 days (−0.027% in total) that is about 37 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.027% in total (about -1.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.95 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	0.05980	−0.0541	get 0.0270% / 4h	1h 59m	$8.3M	$303.6M	50x
Short	Gate ZETA_USDT	0.05990	−0.0930	pay 0.0465% / 4h	1h 59m	$599K	$9.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.174%Rate

Funding earned: −$81.74
Price spread: +0.174% → +0.030%: $14.39
Slippage, 4 orders: −$84.34
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$176.7
Costs to cover: 1.093%
Break-even: never at this rate

Slippage from Binance: live order book, 14 min ago; Gate: live order book, 4 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, 14 min ago	1.66 bp	17.3 bp −$17	56.5 bp −$565	doesn't fit	doesn't fit
Sell Gate live order book, 4 min ago	5.00 bp	41.9 bp −$42	282.4 bp −$2,824	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_USDTshort	−0.0930%	4h	0.05990	+0.174%	$599K	$9.5M	25x
Hyperliquid ZETA	−0.0832%	1h	0.05987	+0.124%	$1.7M	$3.7M	3x	as long as short
BloFin ZETA-USDT	−0.0582%	4h	0.05976	−0.060%	$402K	$1.0M	50x	as long as short
Binance ZETAUSDTlong	−0.0541%	4h	0.05980	long leg	$8.3M	$303.6M	50x
MEXC ZETA_USDT	−0.0540%	4h	0.05981	+0.024%	$1.5M	$11.6M	50x	as long as short
KuCoin ZETAUSDTM	−0.0536%	4h	0.05998	+0.308%	$1.1M	$5.1M	20x	as long as short
BingX ZETA-USDT	−0.0498%	4h	0.05987	+0.124%	—	$6.7M	—	as long as short
OKX ZETA-USDT-SWAP	−0.0313%	4h	0.05974	−0.093%	$1.1M	$45.9M	20x	as long as short
Kraken Futures PF_ZETAUSD	−0.0267%	1h	0.05974	−0.095%	$66K	$631K	10x	as long as short
Variational Omni ZETA	−0.0209%	4h	0.05991	+0.195%	$139K	$703K	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ZETAUSDT	−0.0007%	4h	0.05978	−0.026%	$5.3M	$78.2M	25x	as long as short
Injective ZETA/USDC PERP	+0.0033%	1h	0.06460	+8.034%	$1K	$5K	5.5x	as long as short
Bitget ZETAUSDT	+0.0100%	4h	0.05983	+0.057%	$2.2M	$57.8M	50x	as long as short