ZETA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.1819%/8h= +199.2% APRnext payment +$9.09 per $10,000 · paid last 24h +0.167%

Price spread now: Bitget against OKX+0.047%7-day average +0.063% · you sell dearer than you buy

Net, funding: paid 7d − costs−$90as in the Funding arb table

Net, price: spread back to 7d avg − costs−$110as in the Price arb table

costs, in and out, $10k−$1091.087% of the position

Long on OKX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.183%+$18 on $10k

Price spread, last 7 days+0.019%+$2 · spread now +0.047%, 7d avg +0.063%

Together, before fees+0.202%+$20 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.063%, so right now this pair is about funding alone: +$55 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 0.183% in total (about 9.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$9.09 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	OKX ZETA-USDT-SWAP	0.06379	−0.1719	get 0.0859% / 4h	1h 07m	$1.4M	$59.2M	20x
Short	Bitget ZETAUSDT	0.06382	0.0100	get 0.0050% / 4h	1h 07m	$2.5M	$69.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against OKX. 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 OKXbpFee BitgetbpOrdersPrice spread, now +0.047%Rate

Funding earned: $381.97
Price spread: +0.047% → +0.063%: −$1.64
Slippage, 4 orders: −$86.66
Fee OKX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: $271.66
Costs to cover: 1.087%
Break-even: 2.0 days

Slippage from OKX: live order book, 1 min ago; Bitget: live order book, 2 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 OKX live order book, 1 min ago	3.08 bp	26.6 bp −$27	88.0 bp −$880	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	4.61 bp	23.0 bp −$23	doesn't fit	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
KuCoin ZETAUSDTM	−0.1788%	4h	0.06430	+0.799%	$1.2M	$5.8M	20x	as long as short
OKX ZETA-USDT-SWAPlong	−0.1719%	4h	0.06379	long leg	$1.4M	$59.2M	20x
BloFin ZETA-USDT	−0.1628%	4h	0.06460	+1.270%	$431K	$1.4M	50x	as long as short
Kraken Futures PF_ZETAUSD	−0.1607%	1h	0.06403	+0.377%	$50K	$731K	10x	as long as short
Binance ZETAUSDT	−0.1600%	4h	0.06379	0.000%	$9.0M	$358.9M	50x	as long as short
MEXC ZETA_USDT	−0.1598%	4h	0.06391	+0.188%	$1.2M	$12.5M	50x	as long as short
Variational Omni ZETA	−0.1527%	4h	0.06452	+1.148%	$122K	$766K	—	as long as short
Gate ZETA_USDT	−0.1338%	4h	0.06369	−0.157%	$645K	$11.0M	25x	as long as short
Hyperliquid ZETA	−0.1161%	1h	0.06403	+0.376%	$1.8M	$4.1M	3x	as long as short
Bybit ZETAUSDT	−0.1010%	4h	0.06363	−0.251%	$5.8M	$93.0M	25x	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	+1.270%	$1K	$5K	5.5x	as long as short
Bitget ZETAUSDTshort	+0.0100%	4h	0.06382	+0.047%	$2.5M	$69.6M	50x
BingX ZETA-USDT	+0.0100%	4h	0.06371	−0.125%	—	$7.8M	—	as long as short