ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0816%/8h= +89.4% APRnext payment +$4.08 per $10,000 · paid last 24h +0.135%

Price spread now: Bitget against MEXC+0.034%7-day average +0.070% · you sell dearer than you buy

Net, funding: paid 7d − costs−$56as in the Funding arb table

Net, price: spread back to 7d avg − costs−$71as in the Price arb table

costs, in and out, $10k−$680.676% of the position

Long on MEXC Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.114%+$11 on $10k

Price spread, last 7 days+0.023%+$2 · spread now +0.034%, 7d avg +0.070%

Together, before fees+0.137%+$14 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bitget is 0.036% cheaper against MEXC than usual: you would sell low and buy high (spread +0.034% now, against its 7-day average of +0.070%). If the spread goes back, that is −$4 on $10k: about 4 hours of funding at the current rate (+$24 a day). At the pace of the last 7 days (+0.114% in total) that is about 2.2 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.114% in total (about 5.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.08 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	MEXC ZETA_USDT	0.05899	−0.0716	get 0.0358% / 4h	2h 01m	$1.2M	$11.9M	50x
Short	Bitget ZETAUSDT	0.05901	0.0100	get 0.0050% / 4h	2h 01m	$2.3M	$63.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against MEXC. 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 MEXCbpFee BitgetbpOrdersPrice spread, now +0.034%Rate

Funding earned: $171.36
Price spread: +0.034% → +0.070%: −$3.59
Slippage, 4 orders: −$51.62
Fee MEXC: 2 bp × 2 orders: −$4
Fee Bitget: 6 bp × 2 orders: −$12
Net: $100.15
Costs to cover: 0.676%
Break-even: 2.9 days

Slippage from MEXC: live order book, 1 min ago; Bitget: 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 MEXC live order book, 1 min ago	0.85 bp	9.0 bp −$9	66.9 bp −$669	130.8 bp −$13.1K	doesn't fit
Sell Bitget live order book, 2 min ago	2.54 bp	27.8 bp −$28	101.8 bp −$1,018	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	−0.2824%	1h	0.05898	−0.021%	$54K	$715K	10x	as long as short
Bybit ZETAUSDT	−0.1588%	4h	0.05889	−0.170%	$5.0M	$86.8M	25x	as long as short
Variational Omni ZETA	−0.1542%	4h	0.05939	+0.677%	$112K	$684K	—	as long as short
Gate ZETA_USDT	−0.1040%	4h	0.05904	+0.085%	$645K	$9.6M	25x	as long as short
BloFin ZETA-USDT	−0.0749%	4h	0.05905	+0.102%	$376K	$1.3M	50x	as long as short
MEXC ZETA_USDTlong	−0.0716%	4h	0.05899	long leg	$1.2M	$11.9M	50x
Binance ZETAUSDT	−0.0709%	4h	0.05899	+0.002%	$7.9M	$330.2M	50x	as long as short
KuCoin ZETAUSDTM	−0.0630%	4h	0.05901	+0.034%	$1.2M	$5.2M	20x	as long as short
OKX ZETA-USDT-SWAP	−0.0559%	4h	0.05883	−0.271%	$1.2M	$47.8M	20x	as long as short
Hyperliquid ZETA	−0.0343%	1h	0.05901	+0.034%	$1.6M	$3.4M	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	+9.510%	$1K	$1K	5.5x	as long as short
Bitget ZETAUSDTshort	+0.0100%	4h	0.05901	+0.034%	$2.3M	$63.9M	50x
BingX ZETA-USDT	+0.0100%	4h	0.05897	−0.034%	—	$7.7M	—	as long as short