ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0012%/8h= +1.4% APRnext payment +$0.06 per $10,000 · paid last 24h +0.026%

Price spread now: Bybit against BloFin−0.037%7-day average +0.049% · you buy dearer than you sell

Net, funding: paid 7d − costs−$92as in the Funding arb table

Net, price: spread back to 7d avg − costs−$100as in the Price arb table

costs, in and out, $10k−$910.909% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.014%−$1 on $10k

Price spread, last 4 days (all we have)−0.178%−$18 · spread now −0.037%, 7d avg +0.049%

Together, before fees−0.192%−$19 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bybit is 0.086% cheaper against BloFin than usual: you would sell low and buy high (spread −0.037% now, against its 7-day average of +0.049%). If the spread goes back, that is −$9 on $10k: about 23 days of funding at the current rate ($0 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ZETA-USDT	0.05440	−0.0983	get 0.0491% / 4h	45m 02s	$323K	$977K	50x
Short	Bybit ZETAUSDT	0.05438	−0.0970	pay 0.0485% / 4h	45m 02s	$4.3M	$63.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.037%Rate

Funding earned: $2.62
Price spread: −0.037% → +0.049%: −$8.6
Slippage, 4 orders: −$67.94
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$96.91
Costs to cover: 0.909%
Break-even: 265.7 days

Slippage from BloFin: live order book, 10 min ago; Bybit: live order book, 2 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, 10 min ago	4.54 bp	16.0 bp −$16	64.5 bp −$645	doesn't fit	doesn't fit
Sell Bybit live order book, 2 min ago	3.67 bp	29.9 bp −$30	142.2 bp −$1,422	doesn't fit	doesn't fit

ZETA on 13 exchanges

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	−0.3214%	1h	0.05448	+0.149%	$54K	$493K	10x	as long as short
Variational Omni ZETA	−0.1573%	4h	0.05436	−0.071%	$105K	$400K	—	as long as short
Binance ZETAUSDT	−0.1030%	4h	0.05443	+0.055%	$6.5M	$236.0M	50x	as long as short
MEXC ZETA_USDT	−0.1030%	4h	0.05444	+0.074%	$1.0M	$7.2M	50x	as long as short
BloFin ZETA-USDTlong	−0.0983%	4h	0.05440	long leg	$323K	$977K	50x
Gate ZETA_USDT	−0.0980%	4h	0.05448	+0.147%	$504K	$5.9M	25x	as long as short
Bybit ZETAUSDTshort	−0.0970%	4h	0.05438	−0.037%	$4.3M	$63.7M	25x
OKX ZETA-USDT-SWAP	−0.0671%	4h	0.05444	+0.074%	$997K	$31.3M	20x	as long as short
KuCoin ZETAUSDTM	−0.0634%	4h	0.05439	−0.018%	$800K	$3.6M	20x	as long as short
Bitget ZETAUSDT	−0.0292%	4h	0.05446	+0.110%	$2.0M	$47.4M	50x	as long as short

Show all 13 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ZETA-USDT	−0.0198%	4h	0.05442	+0.037%	—	$6.5M	—	as long as short
Injective ZETA/USDC PERP	+0.0033%	1h	0.06460	+18.750%	$1K	$1K	5.5x	as long as short
Hyperliquid ZETA	+0.0100%	1h	0.05441	+0.018%	$1.4M	$2.8M	3x	as long as short