ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.2005%/8h= −219.6% APRnext payment −$10.03 per $10,000 · paid last 24h −0.096%

Price spread now: Binance against Bitget+0.086%7-day average −0.063% · you sell dearer than you buy

Net, funding: paid 7d − costs−$86as in the Funding arb table

Net, price: spread back to 7d avg − costs−$63as in the Price arb table

costs, in and out, $10k−$780.777% of the position

Long on Bitget Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.079%−$8 on $10k

Price spread, last 4 days (all we have)−0.278%−$28 · spread now +0.086%, 7d avg −0.063%

Together, before fees−0.357%−$36 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.149% dearer against Bitget than usual: you sell high and buy low (spread +0.086% now, against its 7-day average of −0.063%): +$15 on $10k if it goes back. Holding the pair costs −$60 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−0.079% in total) that is about 13 days.

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 −$10.03 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	Bitget ZETAUSDT	0.05811	0.0100	pay 0.0050% / 4h	2h 04m	$2.3M	$66.6M	50x
Short	Binance ZETAUSDT	0.05816	−0.1905	pay 0.0953% / 4h	2h 04m	$8.0M	$345.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bitget. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 BitgetbpFee BinancebpOrdersPrice spread, now +0.086%Rate

Funding earned: −$421.15
Price spread: +0.086% → −0.063%: $14.89
Slippage, 4 orders: −$55.73
Fee Bitget: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$483.99
Costs to cover: 0.777%
Break-even: never at this rate

Slippage from Bitget: live order book, 5 min ago; Binance: live order book, 9 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 Bitget live order book, 5 min ago	4.29 bp	21.5 bp −$22	98.3 bp −$983	doesn't fit	doesn't fit
Sell Binance live order book, 9 min ago	1.72 bp	18.0 bp −$18	62.8 bp −$628	436.1 bp −$43.6K	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	−0.2074%	4h	0.05805	−0.103%	$1.1M	$5.6M	20x	as long as short
OKX ZETA-USDT-SWAP	−0.1989%	4h	0.05807	−0.069%	$1.1M	$52.0M	20x	as long as short
Binance ZETAUSDTshort	−0.1905%	4h	0.05816	+0.086%	$8.0M	$345.6M	50x
MEXC ZETA_USDT	−0.1904%	4h	0.05811	0.000%	$1.1M	$12.3M	50x	as long as short
BingX ZETA-USDT	−0.1902%	4h	0.05813	+0.034%	—	$7.5M	—	as long as short
Gate ZETA_USDT	−0.1592%	4h	0.05799	−0.207%	$588K	$10.6M	25x	as long as short
Variational Omni ZETA	−0.1485%	4h	0.05785	−0.439%	$111K	$757K	—	as long as short
Kraken Futures PF_ZETAUSD	−0.0975%	1h	0.05793	−0.310%	$48K	$719K	10x	as long as short
Bybit ZETAUSDT	−0.0908%	4h	0.05811	0.000%	$5.1M	$89.3M	25x	as long as short
Hyperliquid ZETA	−0.0711%	1h	0.05805	−0.103%	$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	+11.168%	$1K	$5K	5.5x	as long as short
Bitget ZETAUSDTlong	+0.0100%	4h	0.05811	long leg	$2.3M	$66.6M	50x