ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0728%/8h= −79.7% APRnext payment −$3.64 per $10,000 · paid last 24h −0.036%

Price spread now: BingX against Bitget−0.150%7-day average −0.056% · you buy dearer than you sell

Net, funding: paid 7d − costs−$75as in the Funding arb table

Net, price: spread back to 7d avg − costs−$78as in the Price arb table

costs, in and out, $10k−$680.681% of the position

Long on Bitget Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.069%−$7 on $10k

Price spread, last 4 days (all we have)+0.061%+$6 · spread now −0.150%, 7d avg −0.056%

Together, before fees−0.008%−$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 BingX is 0.094% cheaper against Bitget than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.056%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.069% in total (about -3.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.64 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	0.06003	0.0100	pay 0.0050% / 4h	1h 19m	$2.2M	$58.2M	50x
Short	BingX ZETA-USDT	0.05994	−0.0628	pay 0.0314% / 4h	1h 19m	—	$6.8M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Bitget. 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 BitgetbpFee BingXbpOrdersPrice spread, now −0.150%Rate

Funding earned: −$152.88
Price spread: −0.150% → −0.056%: −$9.42
Slippage, 4 orders: −$46.12
Fee Bitget: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$230.42
Costs to cover: 0.681%
Break-even: never at this rate

Slippage from Bitget: live order book, 5 min ago; BingX: live order book, 8 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	2.47 bp	18.5 bp −$19	86.0 bp −$860	doesn't fit	doesn't fit
Sell BingX live order book, 8 min ago	2.48 bp	15.1 bp −$15	47.0 bp −$470	317.4 bp −$31.7K	725.9 bp −$362.9K

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
Gate ZETA_USDT	−0.1196%	4h	0.05996	−0.117%	$622K	$9.5M	25x	as long as short
BloFin ZETA-USDT	−0.0716%	4h	0.06027	+0.400%	$412K	$1.0M	50x	as long as short
Binance ZETAUSDT	−0.0706%	4h	0.06000	−0.050%	$8.5M	$306.2M	50x	as long as short
MEXC ZETA_USDT	−0.0686%	4h	0.06002	−0.017%	$1.5M	$11.6M	50x	as long as short
OKX ZETA-USDT-SWAP	−0.0631%	4h	0.05996	−0.117%	$1.1M	$46.4M	20x	as long as short
BingX ZETA-USDTshort	−0.0628%	4h	0.05994	−0.150%	—	$6.8M	—
KuCoin ZETAUSDTM	−0.0594%	4h	0.05981	−0.366%	$1.2M	$5.1M	20x	as long as short
Variational Omni ZETA	−0.0403%	4h	0.06015	+0.196%	$142K	$708K	—	as long as short
Kraken Futures PF_ZETAUSD	−0.0265%	1h	0.06016	+0.219%	$67K	$634K	10x	as long as short
Bybit ZETAUSDT	−0.0200%	4h	0.05995	−0.133%	$5.3M	$78.8M	25x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ZETA	−0.0163%	1h	0.05992	−0.183%	$1.7M	$3.7M	3x	as long as short
Injective ZETA/USDC PERP	+0.0033%	1h	0.06460	+7.613%	$1K	$5K	5.5x	as long as short
Bitget ZETAUSDTlong	+0.0100%	4h	0.06003	long leg	$2.2M	$58.2M	50x