ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0618%/8h= −67.6% APRnext payment −$3.09 per $10,000 · paid last 24h −0.012%

Price spread now: Binance against Bitget−0.067%7-day average −0.065% · you buy dearer than you sell

Net, funding: paid 7d − costs−$72as in the Funding arb table

Net, price: spread back to 7d avg − costs−$73as in the Price arb table

costs, in and out, $10k−$730.726% of the position

Long on Bitget Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.005%+$1 on $10k

Price spread, last 4 days (all we have)−0.258%−$26 · spread now −0.067%, 7d avg −0.065%

Together, before fees−0.253%−$25 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.065%, so right now this pair is about funding alone: −$19 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 0.005% in total (about 0.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.09 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	Bitget ZETAUSDT	0.05985	0.0100	pay 0.0050% / 4h	2h 04m	$2.2M	$57.7M	50x
Short	Binance ZETAUSDT	0.05981	−0.0518	pay 0.0259% / 4h	2h 04m	$8.3M	$303.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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 BitgetbpFee BinancebpOrdersPrice spread, now −0.067%Rate

Funding earned: −$129.69
Price spread: −0.067% → −0.065%: −$0.17
Slippage, 4 orders: −$50.61
Fee Bitget: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$202.47
Costs to cover: 0.726%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 min ago; Binance: live order book, 9 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 Bitget live order book, 4 min ago	2.49 bp	20.8 bp −$21	77.8 bp −$778	doesn't fit	doesn't fit
Sell Binance live order book, 9 min ago	1.66 bp	15.6 bp −$16	56.2 bp −$562	375.5 bp −$37.5K	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	−0.0866%	4h	0.05980	−0.084%	$598K	$9.5M	25x	as long as short
KuCoin ZETAUSDTM	−0.0532%	4h	0.05986	+0.017%	$1.1M	$5.1M	20x	as long as short
Binance ZETAUSDTshort	−0.0518%	4h	0.05981	−0.067%	$8.3M	$303.3M	50x
MEXC ZETA_USDT	−0.0496%	4h	0.05981	−0.067%	$1.5M	$11.6M	50x	as long as short
BloFin ZETA-USDT	−0.0460%	4h	0.05977	−0.134%	$399K	$1.0M	50x	as long as short
BingX ZETA-USDT	−0.0436%	4h	0.05977	−0.134%	—	$6.7M	—	as long as short
Kraken Futures PF_ZETAUSD	−0.0430%	1h	0.05983	−0.030%	$66K	$631K	10x	as long as short
OKX ZETA-USDT-SWAP	−0.0279%	4h	0.05972	−0.217%	$1.1M	$45.8M	20x	as long as short
Variational Omni ZETA	−0.0179%	4h	0.05980	−0.080%	$138K	$702K	—	as long as short
Bybit ZETAUSDT	+0.0024%	4h	0.05979	−0.100%	$5.3M	$78.2M	25x	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	+7.937%	$1K	$5K	5.5x	as long as short
Hyperliquid ZETA	+0.0099%	1h	0.05977	−0.134%	$1.7M	$3.7M	3x	as long as short
Bitget ZETAUSDTlong	+0.0100%	4h	0.05985	long leg	$2.2M	$57.7M	50x