ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0723%/8h= −79.1% APRnext payment −$3.61 per $10,000 · paid last 24h −0.051%

Price spread now: Gate against Binance−0.031%7-day average −0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs−$145as in the Funding arb table

Net, price: spread back to 7d avg − costs−$142as in the Price arb table

costs, in and out, $10k−$1401.399% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.051%−$5 on $10k

Price spread, last 7 days+0.064%+$6 · spread now −0.031%, 7d avg −0.007%

Together, before fees+0.013%+$1 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and Gate is 0.024% cheaper against Binance than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.007%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.051% in total (about -2.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.61 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	0.05907	−0.0557	get 0.0279% / 4h	2h 31m	$7.9M	$341.4M	50x
Short	Gate ZETA_USDT	0.05905	−0.1280	pay 0.0640% / 4h	2h 31m	$649K	$9.5M	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 −0.031%Rate

Funding earned: −$151.75
Price spread: −0.031% → −0.007%: −$2.42
Slippage, 4 orders: −$114.95
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$294.11
Costs to cover: 1.399%
Break-even: never at this rate

Slippage from Binance: live order book, 12 min ago; Gate: 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 Binance live order book, 12 min ago	1.68 bp	19.6 bp −$20	95.2 bp −$952	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	6.74 bp	53.3 bp −$53	344.1 bp −$3,441	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	−0.2819%	1h	0.05908	+0.022%	$56K	$720K	10x	as long as short
Bybit ZETAUSDT	−0.2062%	4h	0.05903	−0.065%	$5.0M	$89.4M	25x	as long as short
Variational Omni ZETA	−0.1365%	4h	0.05949	+0.715%	$112K	$691K	—	as long as short
Gate ZETA_USDTshort	−0.1280%	4h	0.05905	−0.031%	$649K	$9.5M	25x
KuCoin ZETAUSDTM	−0.0594%	4h	0.05906	−0.015%	$1.2M	$5.3M	20x	as long as short
Binance ZETAUSDTlong	−0.0557%	4h	0.05907	long leg	$7.9M	$341.4M	50x
MEXC ZETA_USDT	−0.0552%	4h	0.05900	−0.116%	$1.2M	$11.9M	50x	as long as short
OKX ZETA-USDT-SWAP	−0.0526%	4h	0.05898	−0.150%	$1.2M	$49.5M	20x	as long as short
BloFin ZETA-USDT	−0.0501%	4h	0.05929	+0.375%	$391K	$1.3M	50x	as long as short
Hyperliquid ZETA	−0.0281%	1h	0.05908	+0.019%	$1.7M	$3.7M	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	+9.364%	$1K	$1K	5.5x	as long as short
Bitget ZETAUSDT	+0.0100%	4h	0.05908	+0.019%	$2.3M	$65.9M	50x	as long as short
BingX ZETA-USDT	+0.0100%	4h	0.05910	+0.053%	—	$7.8M	—	as long as short