ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.1841%/8h= −201.6% APRnext payment −$9.21 per $10,000 · paid last 24h −0.135%

Price spread now: Bybit against Bitget−0.068%7-day average −0.075% · you buy dearer than you sell

Net, funding: paid 7d − costs−$109as in the Funding arb table

Net, price: spread back to 7d avg − costs−$97as in the Price arb table

costs, in and out, $10k−$980.975% of the position

Long on Bitget Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.116%−$12 on $10k

Price spread, last 7 days+0.054%+$5 · spread now −0.068%, 7d avg −0.075%

Together, before fees−0.062%−$6 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.075%, so right now this pair is about funding alone: −$55 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 -0.116% in total (about -6.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$9.21 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	0.05895	0.0100	pay 0.0050% / 4h	2h 13m	$2.3M	$64.5M	50x
Short	Bybit ZETAUSDT	0.05891	−0.1741	pay 0.0871% / 4h	2h 13m	$5.0M	$87.3M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.068%Rate

Funding earned: −$386.68
Price spread: −0.068% → −0.075%: $0.74
Slippage, 4 orders: −$74.52
Fee Bitget: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$483.46
Costs to cover: 0.975%
Break-even: never at this rate

Slippage from Bitget: live order book, 6 min ago; Bybit: live order book, 6 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, 6 min ago	0.84 bp	14.2 bp −$14	77.6 bp −$776	doesn't fit	doesn't fit
Sell Bybit live order book, 6 min ago	4.23 bp	26.3 bp −$26	120.2 bp −$1,202	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	−0.2827%	1h	0.05891	−0.069%	$53K	$721K	10x	as long as short
Bybit ZETAUSDTshort	−0.1741%	4h	0.05891	−0.068%	$5.0M	$87.3M	25x
Variational Omni ZETA	−0.1578%	4h	0.05899	+0.060%	$111K	$685K	—	as long as short
Gate ZETA_USDT	−0.1292%	4h	0.05897	+0.034%	$649K	$9.6M	25x	as long as short
BloFin ZETA-USDT	−0.0721%	4h	0.05885	−0.170%	$289K	$1.3M	50x	as long as short
Binance ZETAUSDT	−0.0686%	4h	0.05892	−0.051%	$7.9M	$333.1M	50x	as long as short
MEXC ZETA_USDT	−0.0684%	4h	0.05896	+0.017%	$1.2M	$11.9M	50x	as long as short
KuCoin ZETAUSDTM	−0.0578%	4h	0.05902	+0.119%	$1.2M	$5.2M	20x	as long as short
OKX ZETA-USDT-SWAP	−0.0542%	4h	0.05892	−0.051%	$1.2M	$48.2M	20x	as long as short
Hyperliquid ZETA	−0.0379%	1h	0.05895	0.000%	$1.6M	$3.6M	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	+9.584%	$1K	$1K	5.5x	as long as short
Bitget ZETAUSDTlong	+0.0100%	4h	0.05895	long leg	$2.3M	$64.5M	50x
BingX ZETA-USDT	+0.0100%	4h	0.05898	+0.051%	—	$7.7M	—	as long as short