ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0003%/8h= +0.3% APRnext payment +$0.01 per $10,000 · paid last 24h −0.001%

Price spread now: Bybit against BloFin+0.150%72s7-day average +0.049% · you sell dearer than you buy

Net, funding: paid 7d − costs−$81as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$800.798% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.017%−$2 on $10k

Price spread, last 4 days (all we have)−0.445%−$45 · spread now +0.150%, 7d avg +0.049%

Together, before fees−0.462%−$46 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.102% dearer against BloFin than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.049%. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ZETA-USDT	0.05983	−0.0494	get 0.0247% / 4h	3h 20m	$389K	$1.4M	50x
Short	Bybit ZETAUSDT	0.05992	−0.0491	pay 0.0246% / 4h	3h 20m	$5.1M	$92.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against BloFin. 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 BloFinbpFee BybitbpOrdersPrice spread, now +0.150%Rate

Funding earned: $0.53
Price spread: +0.150% → +0.049%: $10.19
Slippage, 4 orders: −$56.76
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$69.05
Costs to cover: 0.798%
Break-even: 918.5 days

Slippage from BloFin: live order book, 2 min ago; Bybit: 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 BloFin live order book, 2 min ago	7.53 bp	20.1 bp −$20	56.5 bp −$565	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	4.19 bp	14.1 bp −$14	101.8 bp −$1,018	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
Variational Omni ZETA	−0.0878%	4h	0.05983	−0.001%	$113K	$727K	—	as long as short
Gate ZETA_USDT	−0.0854%	4h	0.06004	+0.351%	$628K	$10.0M	25x	as long as short
Kraken Futures PF_ZETAUSD	−0.0678%	1h	0.05980	−0.055%	$53K	$732K	10x	as long as short
KuCoin ZETAUSDTM	−0.0540%	4h	0.06001	+0.301%	$1.2M	$5.7M	20x	as long as short
OKX ZETA-USDT-SWAP	−0.0531%	4h	0.05989	+0.100%	$1.2M	$53.3M	20x	as long as short
BloFin ZETA-USDTlong	−0.0494%	4h	0.05983	long leg	$389K	$1.4M	50x
Bybit ZETAUSDTshort	−0.0491%	4h	0.05992	+0.150%	$5.1M	$92.7M	25x
MEXC ZETA_USDT	−0.0450%	4h	0.06004	+0.351%	$1.2M	$12.9M	50x	as long as short
Binance ZETAUSDT	−0.0448%	4h	0.06002	+0.316%	$8.2M	$357.9M	50x	as long as short
Injective ZETA/USDC PERP	+0.0033%	1h	0.06460	+7.973%	$1K	$1K	5.5x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ZETA	+0.0100%	1h	0.06000	+0.284%	$1.7M	$3.7M	3x	as long as short
Bitget ZETAUSDT	+0.0100%	4h	0.06011	+0.468%	$2.3M	$69.2M	50x	as long as short
BingX ZETA-USDT	+0.0100%	4h	0.06010	+0.451%	—	$7.9M	—	as long as short