ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0378%/8h= +41.4% APRnext payment +$1.89 per $10,000 · paid last 24h +0.032%

Price spread now: Binance against Gate−0.236%7-day average −0.030% · you buy dearer than you sell

Net, funding: paid 7d − costs−$115as in the Funding arb table

Net, price: spread back to 7d avg − costs−$138as in the Price arb table

costs, in and out, $10k−$1171.174% of the position

Long on Gate Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.027%+$3 on $10k

Price spread, last 4 days (all we have)+0.073%+$7 · spread now −0.236%, 7d avg −0.030%

Together, before fees+0.100%+$10 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.206% cheaper against Gate than usual: you would sell low and buy high (spread −0.236% now, against its 7-day average of −0.030%). If the spread goes back, that is −$21 on $10k: about 43 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.027% in total) that is about 53 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.027% in total (about 1.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.89 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	Gate ZETA_USDT	0.05996	−0.0838	get 0.0419% / 4h	2h 07m	$600K	$9.5M	25x
Short	Binance ZETAUSDT	0.05982	−0.0460	pay 0.0230% / 4h	2h 07m	$8.3M	$303.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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 GatebpFee BinancebpOrdersPrice spread, now −0.236%Rate

Funding earned: $79.48
Price spread: −0.236% → −0.030%: −$20.56
Slippage, 4 orders: −$92.37
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: −$58.45
Costs to cover: 1.174%
Break-even: 12.1 days

Slippage from Gate: live order book, 2 min ago; Binance: live order book, 7 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 Gate live order book, 2 min ago	4.16 bp	42.9 bp −$43	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 7 min ago	1.66 bp	15.6 bp −$16	56.2 bp −$562	375.5 bp −$37.5K	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
Gate ZETA_USDTlong	−0.0838%	4h	0.05996	long leg	$600K	$9.5M	25x
KuCoin ZETAUSDTM	−0.0502%	4h	0.06006	+0.167%	$1.2M	$5.1M	20x	as long as short
Binance ZETAUSDTshort	−0.0460%	4h	0.05982	−0.236%	$8.3M	$303.1M	50x
MEXC ZETA_USDT	−0.0440%	4h	0.05985	−0.183%	$1.5M	$11.6M	50x	as long as short
BloFin ZETA-USDT	−0.0435%	4h	0.05989	−0.117%	$400K	$1.0M	50x	as long as short
Kraken Futures PF_ZETAUSD	−0.0428%	1h	0.06003	+0.121%	$66K	$631K	10x	as long as short
BingX ZETA-USDT	−0.0404%	4h	0.05996	0.000%	—	$6.7M	—	as long as short
OKX ZETA-USDT-SWAP	−0.0232%	4h	0.05980	−0.267%	$1.1M	$45.9M	20x	as long as short
Variational Omni ZETA	−0.0123%	4h	0.06005	+0.148%	$139K	$702K	—	as long as short
Injective ZETA/USDC PERP	+0.0033%	1h	0.06460	+7.738%	$1K	$5K	5.5x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ZETAUSDT	+0.0073%	4h	0.05986	−0.167%	$5.3M	$78.2M	25x	as long as short
Hyperliquid ZETA	+0.0100%	1h	0.05990	−0.100%	$1.7M	$3.7M	3x	as long as short
Bitget ZETAUSDT	+0.0100%	4h	0.05991	−0.083%	$2.2M	$57.7M	50x	as long as short