ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0246%/8h= +26.9% APRnext payment +$1.23 per $10,000 · paid last 24h −0.043%

Price spread now: Gate against MEXC+0.102%7-day average +0.023% · you sell dearer than you buy

Net, funding: paid 7d − costs−$113as in the Funding arb table

Net, price: spread back to 7d avg − costs−$101as in the Price arb table

costs, in and out, $10k−$1091.089% of the position

Long on MEXC Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.037%−$4 on $10k

Price spread, last 4 days (all we have)−0.138%−$14 · spread now +0.102%, 7d avg +0.023%

Together, before fees−0.175%−$18 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Gate is 0.079% dearer against MEXC than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.023%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.037% in total (about -2.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.23 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	0.05881	−0.1884	get 0.0942% / 4h	2h 17m	$1.1M	$12.3M	50x
Short	Gate ZETA_USDT	0.05887	−0.1638	pay 0.0819% / 4h	2h 17m	$606K	$10.6M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.102%Rate

Funding earned: $51.66
Price spread: +0.102% → +0.023%: $7.86
Slippage, 4 orders: −$89.92
Fee MEXC: 2 bp × 2 orders: −$4
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$49.4
Costs to cover: 1.089%
Break-even: 13.7 days

Slippage from MEXC: live order book, 5 min ago; Gate: live order book, 1 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, 5 min ago	0.84 bp	10.0 bp −$10	61.9 bp −$619	129.0 bp −$12.9K	doesn't fit
Sell Gate live order book, 1 min ago	3.40 bp	50.7 bp −$51	247.3 bp −$2,473	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	−0.2006%	4h	0.05881	0.000%	$1.1M	$5.6M	20x	as long as short
OKX ZETA-USDT-SWAP	−0.1983%	4h	0.05879	−0.034%	$1.1M	$52.4M	20x	as long as short
Binance ZETAUSDT	−0.1885%	4h	0.05881	0.000%	$8.1M	$344.2M	50x	as long as short
MEXC ZETA_USDTlong	−0.1884%	4h	0.05881	long leg	$1.1M	$12.3M	50x
BingX ZETA-USDT	−0.1876%	4h	0.05880	−0.017%	—	$7.4M	—	as long as short
Gate ZETA_USDTshort	−0.1638%	4h	0.05887	+0.102%	$606K	$10.6M	25x
Variational Omni ZETA	−0.1469%	4h	0.05922	+0.696%	$114K	$757K	—	as long as short
Kraken Futures PF_ZETAUSD	−0.0960%	1h	0.05883	+0.041%	$48K	$719K	10x	as long as short
Bybit ZETAUSDT	−0.0815%	4h	0.05879	−0.034%	$5.3M	$88.9M	25x	as long as short
Hyperliquid ZETA	−0.0566%	1h	0.05877	−0.068%	$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	+9.845%	$1K	$5K	5.5x	as long as short
Bitget ZETAUSDT	+0.0100%	4h	0.05884	+0.051%	$2.3M	$66.4M	50x	as long as short