ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0337%/8h= +36.9% APRnext payment +$1.69 per $10,000 · paid last 24h +0.033%

Price spread now: BloFin against Gate+0.083%7-day average −0.086% · you sell dearer than you buy

Net, funding: paid 7d − costs−$123as in the Funding arb table

Net, price: spread back to 7d avg − costs−$110as in the Price arb table

costs, in and out, $10k−$1271.270% of the position

Long on Gate Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.035%+$4 on $10k

Price spread, last 3 days (all we have)+0.015%+$2 · spread now +0.083%, 7d avg −0.086%

Together, before fees+0.051%+$5 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and BloFin is 0.169% dearer against Gate than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.086%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.035% in total (about 1.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.69 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	0.06013	−0.0962	get 0.0481% / 4h	1h 46m	$603K	$9.5M	25x
Short	BloFin ZETA-USDT	0.06018	−0.0625	pay 0.0312% / 4h	1h 46m	$403K	$1.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.083%Rate

Funding earned: $70.79
Price spread: +0.083% → −0.086%: $16.93
Slippage, 4 orders: −$100.01
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$39.29
Costs to cover: 1.270%
Break-even: 10.9 days

Slippage from Gate: live order book, 2 min ago; BloFin: live order book, just now.

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, 2 min ago	5.81 bp	40.6 bp −$41	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, just now	8.30 bp	20.2 bp −$20	47.8 bp −$478	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
Gate ZETA_USDTlong	−0.0962%	4h	0.06013	long leg	$603K	$9.5M	25x
BloFin ZETA-USDTshort	−0.0625%	4h	0.06018	+0.083%	$403K	$1.0M	50x
MEXC ZETA_USDT	−0.0598%	4h	0.06020	+0.116%	$1.5M	$11.6M	50x	as long as short
Binance ZETAUSDT	−0.0595%	4h	0.06017	+0.070%	$8.4M	$304.5M	50x	as long as short
KuCoin ZETAUSDTM	−0.0570%	4h	0.06022	+0.150%	$1.2M	$5.1M	20x	as long as short
BingX ZETA-USDT	−0.0570%	4h	0.06012	−0.017%	—	$6.7M	—	as long as short
OKX ZETA-USDT-SWAP	−0.0432%	4h	0.06002	−0.183%	$1.1M	$46.2M	20x	as long as short
Kraken Futures PF_ZETAUSD	−0.0264%	1h	0.06029	+0.269%	$66K	$631K	10x	as long as short
Variational Omni ZETA	−0.0247%	4h	0.06061	+0.798%	$140K	$704K	—	as long as short
Bybit ZETAUSDT	−0.0103%	4h	0.06011	−0.033%	$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	+0.0025%	1h	0.06028	+0.249%	$1.7M	$3.7M	3x	as long as short
Injective ZETA/USDC PERP	+0.0033%	1h	0.06460	+7.434%	$1K	$5K	5.5x	as long as short
Bitget ZETAUSDT	+0.0100%	4h	0.06016	+0.050%	$2.2M	$57.9M	50x	as long as short