ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0631%/8h= +69.1% APRnext payment +$3.16 per $10,000 · paid last 24h +0.134%

Price spread now: Bitget against BloFin+0.254%7-day average +0.121% · you sell dearer than you buy

Net, funding: paid 7d − costs−$115as in the Funding arb table

Net, price: spread back to 7d avg − costs−$111as in the Price arb table

costs, in and out, $10k−$1241.244% of the position

Long on BloFin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.099%+$10 on $10k

Price spread, last 4 days (all we have)−0.368%−$37 · spread now +0.254%, 7d avg +0.121%

Together, before fees−0.269%−$27 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Bitget is 0.133% dearer against BloFin than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.121%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.099% in total (about 5.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.16 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	BloFin ZETA-USDT	0.05910	−0.0531	get 0.0266% / 4h	2h 48m	$398K	$1.3M	50x
Short	Bitget ZETAUSDT	0.05925	0.0100	get 0.0050% / 4h	2h 48m	$2.3M	$66.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. 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 BloFinbpFee BitgetbpOrdersPrice spread, now +0.254%Rate

Funding earned: $132.58
Price spread: +0.254% → +0.121%: $13.3
Slippage, 4 orders: −$100.43
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: $21.44
Costs to cover: 1.244%
Break-even: 5.9 days

Slippage from BloFin: live order book, 4 min ago; Bitget: 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 BloFin live order book, 4 min ago	6.73 bp	20.0 bp −$20	86.5 bp −$865	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	4.15 bp	34.7 bp −$35	119.0 bp −$1,190	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	−0.2817%	1h	0.05911	+0.021%	$53K	$728K	10x	as long as short
Variational Omni ZETA	−0.1195%	4h	0.05936	+0.448%	$112K	$695K	—	as long as short
Bybit ZETAUSDT	−0.1119%	4h	0.05911	+0.017%	$5.0M	$90.2M	25x	as long as short
Gate ZETA_USDT	−0.0728%	4h	0.05909	−0.017%	$652K	$9.5M	25x	as long as short
BloFin ZETA-USDTlong	−0.0531%	4h	0.05910	long leg	$398K	$1.3M	50x
Binance ZETAUSDT	−0.0519%	4h	0.05915	+0.085%	$8.2M	$345.0M	50x	as long as short
OKX ZETA-USDT-SWAP	−0.0517%	4h	0.05913	+0.051%	$1.2M	$50.0M	20x	as long as short
MEXC ZETA_USDT	−0.0512%	4h	0.05908	−0.034%	$1.2M	$11.9M	50x	as long as short
KuCoin ZETAUSDTM	−0.0422%	4h	0.05912	+0.034%	$1.2M	$5.4M	20x	as long as short
Hyperliquid ZETA	−0.0235%	1h	0.05913	+0.051%	$1.7M	$3.6M	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	+9.306%	$1K	$1K	5.5x	as long as short
Bitget ZETAUSDTshort	+0.0100%	4h	0.05925	+0.254%	$2.3M	$66.6M	50x
BingX ZETA-USDT	+0.0100%	4h	0.05923	+0.220%	—	$7.8M	—	as long as short