ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0621%/8h= −67.9% APRnext payment −$3.10 per $10,000 · paid last 24h −0.032%

Price spread now: Gate against Binance+0.146%7-day average +0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs−$128as in the Funding arb table

Net, price: spread back to 7d avg − costs−$114as in the Price arb table

costs, in and out, $10k−$1261.257% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.027%−$3 on $10k

Price spread, last 4 days (all we have)−0.041%−$4 · spread now +0.146%, 7d avg +0.029%

Together, before fees−0.068%−$7 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.118% dearer against Binance than usual: you sell high and buy low (spread +0.146% now, against its 7-day average of +0.029%): +$12 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 15 hours. At the pace of the last 7 days (−0.027% in total) that is about 31 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.027% in total (about -1.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.10 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	0.05515	−0.1705	get 0.0853% / 4h	3h 54m	$7.5M	$320.0M	50x
Short	Gate ZETA_USDT	0.05523	−0.2326	pay 0.1163% / 4h	3h 54m	$551K	$9.9M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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 BinancebpFee GatebpOrdersPrice spread, now +0.146%Rate

Funding earned: −$130.31
Price spread: +0.146% → +0.029%: $11.77
Slippage, 4 orders: −$100.65
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$244.19
Costs to cover: 1.257%
Break-even: never at this rate

Slippage from Binance: live order book, 4 min ago; Gate: 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 Binance live order book, 4 min ago	1.78 bp	15.8 bp −$16	55.8 bp −$558	521.0 bp −$52.1K	doesn't fit
Sell Gate live order book, 4 min ago	3.57 bp	46.2 bp −$46	257.3 bp −$2,573	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
BingX ZETA-USDT	−0.3900%	4h	0.05525	+0.183%	—	$7.1M	—	as long as short
Kraken Futures PF_ZETAUSD	−0.2975%	1h	0.05474	−0.746%	$51K	$682K	10x	as long as short
Gate ZETA_USDTshort	−0.2326%	4h	0.05523	+0.146%	$551K	$9.9M	25x
Bybit ZETAUSDT	−0.2284%	4h	0.05517	+0.038%	$4.8M	$82.6M	25x	as long as short
BloFin ZETA-USDT	−0.1736%	4h	0.05486	−0.525%	$361K	$1.0M	50x	as long as short
Binance ZETAUSDTlong	−0.1705%	4h	0.05515	long leg	$7.5M	$320.0M	50x
MEXC ZETA_USDT	−0.1700%	4h	0.05521	+0.110%	$1.2M	$11.9M	50x	as long as short
KuCoin ZETAUSDTM	−0.1422%	4h	0.05484	−0.561%	$1.0M	$5.3M	20x	as long as short
OKX ZETA-USDT-SWAP	−0.1368%	4h	0.05524	+0.164%	$1.0M	$45.4M	20x	as long as short
Variational Omni ZETA	−0.1299%	4h	0.05525	+0.178%	$111K	$734K	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ZETA	−0.0981%	1h	0.05499	−0.289%	$1.5M	$3.8M	3x	as long as short
Injective ZETA/USDC PERP	+0.0033%	1h	0.06460	+17.137%	$1K	$5K	5.5x	as long as short
Bitget ZETAUSDT	+0.0100%	4h	0.05529	+0.255%	$2.0M	$61.0M	50x	as long as short