ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0255%/8h= +27.9% APRnext payment +$1.27 per $10,000 · paid last 24h +0.051%

Price spread now: Binance against Gate−0.017%7-day average +0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs−$107as in the Funding arb table

Net, price: spread back to 7d avg − costs−$115as in the Price arb table

costs, in and out, $10k−$1121.124% of the position

Long on Gate Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.051%+$5 on $10k

Price spread, last 7 days−0.058%−$6 · spread now −0.017%, 7d avg +0.006%

Together, before fees−0.007%−$1 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.022% cheaper against Gate than usual: you would sell low and buy high (spread −0.017% now, against its 7-day average of +0.006%). If the spread goes back, that is −$2 on $10k: about 7 hours of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.051% in total) that is about 3.1 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.051% in total (about 2.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.27 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	Gate ZETA_USDT	0.05962	−0.0732	get 0.0366% / 4h	3h 24m	$613K	$10.0M	25x
Short	Binance ZETAUSDT	0.05961	−0.0477	pay 0.0239% / 4h	3h 24m	$8.2M	$358.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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 GatebpFee BinancebpOrdersPrice spread, now −0.017%Rate

Funding earned: $53.5
Price spread: −0.017% → +0.006%: −$2.25
Slippage, 4 orders: −$87.39
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: −$61.13
Costs to cover: 1.124%
Break-even: 15.0 days

Slippage from Gate: live order book, 4 min ago; Binance: 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 Gate live order book, 4 min ago	8.43 bp	44.0 bp −$44	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 4 min ago	2.53 bp	17.7 bp −$18	80.2 bp −$802	356.9 bp −$35.7K	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
Variational Omni ZETA	−0.0906%	4h	0.05901	−1.016%	$112K	$729K	—	as long as short
Gate ZETA_USDTlong	−0.0732%	4h	0.05962	long leg	$613K	$10.0M	25x
Kraken Futures PF_ZETAUSD	−0.0683%	1h	0.05938	−0.403%	$53K	$732K	10x	as long as short
KuCoin ZETAUSDTM	−0.0576%	4h	0.05956	−0.101%	$1.2M	$5.7M	20x	as long as short
OKX ZETA-USDT-SWAP	−0.0558%	4h	0.05958	−0.067%	$1.2M	$53.4M	20x	as long as short
Bybit ZETAUSDT	−0.0534%	4h	0.05954	−0.134%	$5.0M	$93.2M	25x	as long as short
Binance ZETAUSDTshort	−0.0477%	4h	0.05961	−0.017%	$8.2M	$358.6M	50x
MEXC ZETA_USDT	−0.0470%	4h	0.05957	−0.084%	$1.2M	$12.9M	50x	as long as short
BloFin ZETA-USDT	−0.0413%	4h	0.05907	−0.923%	$390K	$1.4M	50x	as long as short
Injective ZETA/USDC PERP	+0.0033%	1h	0.06460	+8.353%	$1K	$1K	5.5x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ZETA	+0.0100%	1h	0.05968	+0.101%	$1.7M	$3.7M	3x	as long as short
Bitget ZETAUSDT	+0.0100%	4h	0.05969	+0.117%	$2.3M	$69.5M	50x	as long as short
BingX ZETA-USDT	+0.0100%	4h	0.05965	+0.050%	—	$8.0M	—	as long as short