ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.1055%/8h= +115.6% APRnext payment +$5.28 per $10,000 · paid last 24h +0.135%

Price spread now: Bitget against Bybit+0.087%7-day average +0.076% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$120as in the Price arb table

costs, in and out, $10k−$1211.211% of the position

Long on Bybit Short on Bitget

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−0.092%−$9 · spread now +0.087%, 7d avg +0.076%

Together, before fees+0.024%+$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.076%, so right now this pair is about funding alone: +$32 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 +$5.28 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	0.05719	−0.0955	get 0.0478% / 4h	19m 55s	$4.7M	$79.3M	25x
Short	Bitget ZETAUSDT	0.05724	0.0100	get 0.0050% / 4h	19m 55s	$2.4M	$57.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.087%Rate

Funding earned: $221.62
Price spread: +0.087% → +0.076%: $1.15
Slippage, 4 orders: −$98.06
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Bitget: 6 bp × 2 orders: −$12
Net: $101.71
Costs to cover: 1.211%
Break-even: 3.8 days

Slippage from Bybit: live order book, 4 min ago; Bitget: 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 Bybit live order book, 4 min ago	1.76 bp	28.4 bp −$28	194.5 bp −$1,945	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	4.39 bp	32.6 bp −$33	147.3 bp −$1,473	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	−0.3130%	1h	0.05692	−0.474%	$54K	$629K	10x	as long as short
Variational Omni ZETA	−0.1535%	4h	0.05719	+0.009%	$118K	$657K	—	as long as short
Gate ZETA_USDT	−0.1316%	4h	0.05725	+0.105%	$584K	$8.2M	25x	as long as short
BloFin ZETA-USDT	−0.1214%	4h	0.05723	+0.070%	$370K	$1.2M	50x	as long as short
Binance ZETAUSDT	−0.1178%	4h	0.05721	+0.037%	$7.4M	$297.3M	50x	as long as short
MEXC ZETA_USDT	−0.1176%	4h	0.05717	−0.035%	$1.2M	$10.2M	50x	as long as short
Bybit ZETAUSDTlong	−0.0955%	4h	0.05719	long leg	$4.7M	$79.3M	25x
OKX ZETA-USDT-SWAP	−0.0820%	4h	0.05714	−0.087%	$1.1M	$41.1M	20x	as long as short
KuCoin ZETAUSDTM	−0.0790%	4h	0.05717	−0.035%	$959K	$4.6M	20x	as long as short
Hyperliquid ZETA	−0.0364%	1h	0.05721	+0.035%	$1.6M	$3.1M	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	+12.957%	$1K	$1K	5.5x	as long as short
Bitget ZETAUSDTshort	+0.0100%	4h	0.05724	+0.087%	$2.4M	$57.5M	50x
BingX ZETA-USDT	+0.0100%	4h	0.05719	0.000%	—	$7.3M	—	as long as short