ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.1532%/8h= +167.8% APRnext payment +$7.66 per $10,000 · paid last 24h +0.134%

Price spread now: Bitget against KuCoin+0.018%7-day average −0.041% · you sell dearer than you buy

Net, funding: paid 7d − costs−$184as in the Funding arb table

Net, price: spread back to 7d avg − costs−$195as in the Price arb table

costs, in and out, $10k−$2012.005% of the position

Long on KuCoin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.170%+$17 on $10k

Price spread, last 4 days (all we have)−0.071%−$7 · spread now +0.018%, 7d avg −0.041%

Together, before fees+0.099%+$10 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$46 a day on $10k at the current rate, and Bitget is 0.059% dearer against KuCoin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.041%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.170% in total (about 8.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.66 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	KuCoin ZETAUSDTM	0.05621	−0.1432	get 0.0716% / 4h	3h 48m	$1.1M	$5.4M	20x
Short	Bitget ZETAUSDT	0.05622	0.0100	get 0.0050% / 4h	3h 48m	$2.0M	$61.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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 KuCoinbpFee BitgetbpOrdersPrice spread, now +0.018%Rate

Funding earned: $321.72
Price spread: +0.018% → −0.041%: $5.9
Slippage, 4 orders: −$176.55
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: $127.07
Costs to cover: 2.005%
Break-even: 4.2 days

Slippage from KuCoin: live order book, 9 min ago; Bitget: 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 KuCoin live order book, 9 min ago	13.47 bp	76.0 bp −$76	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	4.52 bp	18.1 bp −$18	99.2 bp −$992	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	−0.2877%	1h	0.05660	+0.697%	$49K	$694K	10x	as long as short
BloFin ZETA-USDT	−0.1750%	4h	0.05641	+0.356%	$365K	$1.0M	50x	as long as short
Binance ZETAUSDT	−0.1693%	4h	0.05630	+0.153%	$7.4M	$321.4M	50x	as long as short
MEXC ZETA_USDT	−0.1692%	4h	0.05627	+0.107%	$1.2M	$12.0M	50x	as long as short
BingX ZETA-USDT	−0.1620%	4h	0.05618	−0.053%	—	$7.1M	—	as long as short
KuCoin ZETAUSDTMlong	−0.1432%	4h	0.05621	long leg	$1.1M	$5.4M	20x
OKX ZETA-USDT-SWAP	−0.1358%	4h	0.05617	−0.071%	$1.0M	$46.5M	20x	as long as short
Variational Omni ZETA	−0.1287%	4h	0.05580	−0.736%	$109K	$735K	—	as long as short
Gate ZETA_USDT	−0.0660%	4h	0.05637	+0.285%	$548K	$9.9M	25x	as long as short
Hyperliquid ZETA	−0.0610%	1h	0.05638	+0.302%	$1.6M	$3.9M	3x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ZETAUSDT	−0.0156%	4h	0.05614	−0.125%	$4.9M	$82.9M	25x	as long as short
Injective ZETA/USDC PERP	+0.0033%	1h	0.06460	+14.926%	$1K	$5K	5.5x	as long as short
Bitget ZETAUSDTshort	+0.0100%	4h	0.05622	+0.018%	$2.0M	$61.3M	50x