Funding you earn now, next payment 04:00 UTC+0.1947%/8h= +213.2% APRnext payment +$9.73 per $10,000 · paid last 24h +0.096%
Price spread now: Bitget against Binance+0.069%7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$790.793% of the position
Funding, last 7 days+0.079%+$8 on $10k
+Price spread, last 4 days (all we have)+0.123%+$12 · spread now +0.069%, 7d avg +0.063%
=The price spread sits at its 7-day average of +0.063%, so right now this pair is about funding alone: +$58 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.079% in total (about 4.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$9.73 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 | Binance ZETAUSDT | 0.05797 | −0.1847 | get 0.0923% / 4h | 1h 59m | $8.0M | $346.1M | 50x |
| Short | Bitget ZETAUSDT | 0.05801 | 0.0100 | get 0.0050% / 4h | 1h 59m | $2.3M | $66.7M | 50x |
Binance ZETAUSDT
Bitget ZETAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $408.82
- Price spread: +0.069% → +0.063%
- $0.62
- Slippage, 4 orders
- −$57.3
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $330.14
- Costs to cover
- 0.793%
- Break-even
- 1.3 days
Slippage from Binance: live order book, 15 min ago; Bitget: live order book, 5 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 Binance live order book, 15 min ago | 1.72 bp | 13.3 bp −$13 | 54.1 bp −$541 | 499.7 bp −$50.0K | doesn't fit |
| Sell Bitget live order book, 5 min ago | 2.57 bp | 23.5 bp −$24 | 99.0 bp −$990 | 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 | −0.2058% | 4h | 0.05801 | +0.069% | $1.1M | $5.6M | 20x | as long as short |
| OKX ZETA-USDT-SWAP | −0.1985% | 4h | 0.05795 | −0.035% | $1.1M | $51.9M | 20x | as long as short |
| BingX ZETA-USDT | −0.1878% | 4h | 0.05809 | +0.207% | — | $7.5M | — | as long as short |
| MEXC ZETA_USDT | −0.1854% | 4h | 0.05806 | +0.155% | $1.1M | $12.3M | 50x | as long as short |
| Binance ZETAUSDTlong | −0.1847% | 4h | 0.05797 | long leg | $8.0M | $346.1M | 50x | |
| Kraken Futures PF_ZETAUSD | −0.1778% | 1h | 0.05787 | −0.172% | $48K | $719K | 10x | as long as short |
| Gate ZETA_USDT | −0.1582% | 4h | 0.05809 | +0.207% | $592K | $10.6M | 25x | as long as short |
| Variational Omni ZETA | −0.1501% | 4h | 0.05825 | +0.491% | $112K | $757K | — | as long as short |
| Bybit ZETAUSDT | −0.0963% | 4h | 0.05797 | 0.000% | $5.2M | $89.4M | 25x | as long as short |
| Hyperliquid ZETA | −0.0568% | 1h | 0.05791 | −0.104% | $1.6M | $4.0M | 3x | as long as short |
KuCoin ZETAUSDTM
OKX ZETA-USDT-SWAP
BingX ZETA-USDT
MEXC ZETA_USDT
Kraken Futures PF_ZETAUSD
Gate ZETA_USDT
Variational Omni ZETA
Bybit ZETAUSDT
Hyperliquid ZETAShow 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 | +11.437% | $1K | $5K | 5.5x | as long as short |
| Bitget ZETAUSDTshort | +0.0100% | 4h | 0.05801 | +0.069% | $2.3M | $66.7M | 50x |
Injective ZETA/USDC PERP