ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0700%/8h= −76.6% APRnext payment −$3.50 per $10,000 · paid last 24h −0.012%

Price spread now: MEXC against Bitget−0.066%7-day average −0.058% · you buy dearer than you sell

Net, funding: paid 7d − costs−$53as in the Funding arb table

Net, price: spread back to 7d avg − costs−$55as in the Price arb table

costs, in and out, $10k−$540.538% of the position

Long on Bitget Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.005%$0 on $10k

Price spread, last 4 days (all we have)−0.032%−$3 · spread now −0.066%, 7d avg −0.058%

Together, before fees−0.027%−$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.058%, so right now this pair is about funding alone: −$21 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 −$3.50 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	0.06029	0.0100	pay 0.0050% / 4h	1h 47m	$2.2M	$57.9M	50x
Short	MEXC ZETA_USDT	0.06025	−0.0600	pay 0.0300% / 4h	1h 47m	$1.5M	$11.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.066%Rate

Funding earned: −$147
Price spread: −0.066% → −0.058%: −$0.81
Slippage, 4 orders: −$37.83
Fee Bitget: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$201.64
Costs to cover: 0.538%
Break-even: never at this rate

Slippage from Bitget: live order book, 2 min ago; MEXC: live order book, 1 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, 2 min ago	1.66 bp	22.2 bp −$22	87.8 bp −$878	doesn't fit	doesn't fit
Sell MEXC live order book, 1 min ago	1.66 bp	7.0 bp −$7	49.3 bp −$493	109.7 bp −$11.0K	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	−0.0958%	4h	0.06026	−0.050%	$605K	$9.5M	25x	as long as short
BloFin ZETA-USDT	−0.0625%	4h	0.06018	−0.182%	$403K	$1.0M	50x	as long as short
MEXC ZETA_USDTshort	−0.0600%	4h	0.06025	−0.066%	$1.5M	$11.6M	50x
Binance ZETAUSDT	−0.0598%	4h	0.06025	−0.066%	$8.4M	$304.5M	50x	as long as short
KuCoin ZETAUSDTM	−0.0570%	4h	0.06022	−0.116%	$1.2M	$5.1M	20x	as long as short
BingX ZETA-USDT	−0.0570%	4h	0.06019	−0.166%	—	$6.7M	—	as long as short
OKX ZETA-USDT-SWAP	−0.0432%	4h	0.06022	−0.116%	$1.1M	$46.4M	20x	as long as short
Kraken Futures PF_ZETAUSD	−0.0264%	1h	0.06029	+0.003%	$66K	$631K	10x	as long as short
Variational Omni ZETA	−0.0247%	4h	0.06061	+0.531%	$140K	$704K	—	as long as short
Bybit ZETAUSDT	−0.0103%	4h	0.06020	−0.149%	$5.3M	$78.5M	25x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ZETA	+0.0013%	1h	0.06028	−0.017%	$1.7M	$3.7M	3x	as long as short
Injective ZETA/USDC PERP	+0.0033%	1h	0.06460	+7.149%	$1K	$5K	5.5x	as long as short
Bitget ZETAUSDTlong	+0.0100%	4h	0.06029	long leg	$2.2M	$57.9M	50x