ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0872%/8h= −95.4% APRnext payment −$4.36 per $10,000 · paid last 24h +0.006%

Price spread now: Binance against Bybit−0.035%7-day average +0.001% · 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−$79as in the Price arb table

costs, in and out, $10k−$750.753% of the position

Long on Bybit Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.007%+$1 on $10k

Price spread, last 7 days+0.030%+$3 · spread now −0.035%, 7d avg +0.001%

Together, before fees+0.037%+$4 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$26 a day on $10k at the current rate, and Binance is 0.035% cheaper against Bybit than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.001%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.007% in total (about 0.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.36 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	Bybit ZETAUSDT	0.05779	−0.0941	get 0.0470% / 4h	1h 53m	$5.1M	$89.5M	25x
Short	Binance ZETAUSDT	0.05777	−0.1813	pay 0.0906% / 4h	1h 53m	$8.0M	$346.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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 BybitbpFee BinancebpOrdersPrice spread, now −0.035%Rate

Funding earned: −$183.02
Price spread: −0.035% → +0.001%: −$3.53
Slippage, 4 orders: −$54.28
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Binance: 5 bp × 2 orders: −$10
Net: −$261.83
Costs to cover: 0.753%
Break-even: never at this rate

Slippage from Bybit: live order book, 6 min ago; Binance: live order book, 5 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 Bybit live order book, 6 min ago	3.45 bp	20.6 bp −$21	73.7 bp −$737	doesn't fit	doesn't fit
Sell Binance live order book, 5 min ago	1.72 bp	16.6 bp −$17	58.7 bp −$587	429.1 bp −$42.9K	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	−0.2052%	4h	0.05778	−0.017%	$1.1M	$5.6M	20x	as long as short
OKX ZETA-USDT-SWAP	−0.1954%	4h	0.05777	−0.035%	$1.1M	$51.8M	20x	as long as short
BingX ZETA-USDT	−0.1884%	4h	0.05776	−0.052%	—	$7.5M	—	as long as short
MEXC ZETA_USDT	−0.1820%	4h	0.05787	+0.138%	$1.1M	$12.3M	50x	as long as short
Binance ZETAUSDTshort	−0.1813%	4h	0.05777	−0.035%	$8.0M	$346.7M	50x
Kraken Futures PF_ZETAUSD	−0.1780%	1h	0.05782	+0.046%	$48K	$719K	10x	as long as short
Gate ZETA_USDT	−0.1754%	4h	0.05780	+0.017%	$587K	$10.6M	25x	as long as short
Variational Omni ZETA	−0.1490%	4h	0.05800	+0.364%	$113K	$758K	—	as long as short
Bybit ZETAUSDTlong	−0.0941%	4h	0.05779	long leg	$5.1M	$89.5M	25x
Hyperliquid ZETA	−0.0765%	1h	0.05785	+0.104%	$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	+11.784%	$1K	$5K	5.5x	as long as short
Bitget ZETAUSDT	+0.0100%	4h	0.05791	+0.208%	$2.3M	$66.7M	50x	as long as short