ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.1030%/8h= +112.8% APRnext payment +$5.15 per $10,000 · paid last 24h +0.036%

Price spread now: Bitget against BingX+0.102%7-day average +0.059% · you sell dearer than you buy

Net, funding: paid 7d − costs−$66as in the Funding arb table

Net, price: spread back to 7d avg − costs−$68as in the Price arb table

costs, in and out, $10k−$720.724% of the position

Long on BingX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.069%+$7 on $10k

Price spread, last 4 days (all we have)+0.025%+$2 · spread now +0.102%, 7d avg +0.059%

Together, before fees+0.094%+$9 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$31 a day on $10k at the current rate, and Bitget is 0.043% dearer against BingX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.059%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.069% in total (about 3.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.15 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	BingX ZETA-USDT	0.05874	−0.0930	get 0.0465% / 4h	25m 13s	—	$6.8M	—
Short	Bitget ZETAUSDT	0.05880	0.0100	get 0.0050% / 4h	25m 13s	$2.2M	$59.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against BingX. 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 BingXbpFee BitgetbpOrdersPrice spread, now +0.102%Rate

Funding earned: $216.3
Price spread: +0.102% → +0.059%: $4.27
Slippage, 4 orders: −$50.41
Fee BingX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: $148.15
Costs to cover: 0.724%
Break-even: 2.2 days

Slippage from BingX: live order book, 12 min ago; Bitget: 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 BingX live order book, 12 min ago	2.51 bp	15.1 bp −$15	45.3 bp −$453	414.2 bp −$41.4K	774.8 bp −$387.4K
Sell Bitget live order book, 4 min ago	2.55 bp	24.1 bp −$24	83.9 bp −$839	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_USDT	−0.1442%	4h	0.05874	0.000%	$583K	$9.6M	25x	as long as short
Binance ZETAUSDT	−0.1024%	4h	0.05878	+0.064%	$8.2M	$310.7M	50x	as long as short
MEXC ZETA_USDT	−0.1018%	4h	0.05876	+0.034%	$1.4M	$11.7M	50x	as long as short
BloFin ZETA-USDT	−0.0978%	4h	0.05884	+0.170%	$408K	$1.0M	50x	as long as short
OKX ZETA-USDT-SWAP	−0.0945%	4h	0.05874	0.000%	$1.1M	$46.3M	20x	as long as short
BingX ZETA-USDTlong	−0.0930%	4h	0.05874	long leg	—	$6.8M	—
KuCoin ZETAUSDTM	−0.0774%	4h	0.05891	+0.289%	$1.1M	$5.2M	20x	as long as short
Variational Omni ZETA	−0.0751%	4h	0.05847	−0.463%	$135K	$712K	—	as long as short
Bybit ZETAUSDT	−0.0499%	4h	0.05870	−0.068%	$5.0M	$80.0M	25x	as long as short
Hyperliquid ZETA	−0.0296%	1h	0.05877	+0.051%	$1.7M	$3.8M	3x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_ZETAUSD	−0.0191%	1h	0.05870	−0.068%	$63K	$650K	10x	as long as short
Injective ZETA/USDC PERP	+0.0033%	1h	0.06460	+9.976%	$1K	$5K	5.5x	as long as short
Bitget ZETAUSDTshort	+0.0100%	4h	0.05880	+0.102%	$2.2M	$59.0M	50x