ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.1053%/8h= +115.4% APRnext payment +$5.27 per $10,000 · paid last 24h +0.102%

Price spread now: Bitget against Bybit+0.173%7-day average +0.083% · you sell dearer than you buy

Net, funding: paid 7d − costs−$78as in the Funding arb table

Net, price: spread back to 7d avg − costs−$78as in the Price arb table

costs, in and out, $10k−$870.868% of the position

Long on Bybit Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.086%+$9 on $10k

Price spread, last 4 days (all we have)−0.011%−$1 · spread now +0.173%, 7d avg +0.083%

Together, before fees+0.075%+$7 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$32 a day on $10k at the current rate, and Bitget is 0.090% dearer against Bybit than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.083%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.086% in total (about 4.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.27 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	Bybit ZETAUSDT	0.05790	−0.0953	get 0.0477% / 4h	1h 55m	$5.1M	$89.5M	25x
Short	Bitget ZETAUSDT	0.05800	0.0100	get 0.0050% / 4h	1h 55m	$2.3M	$66.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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 BybitbpFee BitgetbpOrdersPrice spread, now +0.173%Rate

Funding earned: $221.23
Price spread: +0.173% → +0.083%: $8.97
Slippage, 4 orders: −$63.84
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Bitget: 6 bp × 2 orders: −$12
Net: $143.36
Costs to cover: 0.868%
Break-even: 2.5 days

Slippage from Bybit: live order book, 4 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 Bybit live order book, 4 min ago	3.45 bp	20.6 bp −$21	73.7 bp −$737	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	3.45 bp	20.8 bp −$21	89.7 bp −$897	doesn't fit	doesn't fit

ZETA on 12 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
KuCoin ZETAUSDTM	−0.2054%	4h	0.05781	−0.155%	$1.1M	$5.6M	20x	as long as short
OKX ZETA-USDT-SWAP	−0.1955%	4h	0.05792	+0.035%	$1.1M	$51.9M	20x	as long as short
BingX ZETA-USDT	−0.1884%	4h	0.05792	+0.035%	—	$7.5M	—	as long as short
MEXC ZETA_USDT	−0.1824%	4h	0.05794	+0.069%	$1.1M	$12.3M	50x	as long as short
Binance ZETAUSDT	−0.1822%	4h	0.05791	+0.017%	$8.0M	$346.5M	50x	as long as short
Kraken Futures PF_ZETAUSD	−0.1777%	1h	0.05791	+0.013%	$48K	$719K	10x	as long as short
Gate ZETA_USDT	−0.1714%	4h	0.05787	−0.052%	$588K	$10.6M	25x	as long as short
Variational Omni ZETA	−0.1490%	4h	0.05800	+0.173%	$113K	$758K	—	as long as short
Bybit ZETAUSDTlong	−0.0953%	4h	0.05790	long leg	$5.1M	$89.5M	25x
Hyperliquid ZETA	−0.0564%	1h	0.05771	−0.328%	$1.6M	$4.0M	3x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective ZETA/USDC PERP	+0.0033%	1h	0.06460	+11.572%	$1K	$5K	5.5x	as long as short
Bitget ZETAUSDTshort	+0.0100%	4h	0.05800	+0.173%	$2.3M	$66.7M	50x