Settings8H · net · $10k
Funding arb · Price arb /

ZBT

all ZBT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Binance−0.018%7-day average +0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$880.885% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.234%+$23 on $10k
Price spread, last 7 days+0.029%+$3 · spread now −0.018%, 7d avg +0.037%
Together, before fees+0.263%+$26 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.055% cheaper against Binance than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.037%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ZBTUSDT0.084130.0100pay 0.0050% / 4h2h 06m$3.2M$2.6M50x
ShortBingX ZBT-USDT0.084110.0100get 0.0050% / 4h2h 06m$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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

Funding earned
$0
Price spread: −0.018% → +0.037%
−$5.52
Slippage, 4 orders
−$68.48
Fee Binance: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$94
Costs to cover
0.885%
Break-even
never at this rate
Slippage from Binance: live order book, 15 min ago; BingX: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 15 min ago1.78 bp21.7 bp −$2294.8 bp −$948doesn't fitdoesn't fit
Sell BingX live order book, 8 min ago2.37 bp20.8 bp −$2174.9 bp −$749469.3 bp −$46.9K1032.9 bp −$516.4K

ZBT on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZBTUSD−0.0473%1h0.08406−0.073%$7K$7K10xas long as short
Aster ZBTUSDT+0.0100%4h0.08410−0.030%$10K$15K5xas long as short
Binance ZBTUSDTlong+0.0100%4h0.08413long leg$3.2M$2.6M50x
Bybit ZBTUSDT+0.0100%4h0.08411−0.018%$863K$444K25xas long as short
OKX ZBT-USDT-SWAP+0.0100%4h0.08409−0.042%$559K$1.4M10xas long as short
MEXC ZBT_USDT+0.0100%4h0.08412−0.006%$1.4M$202K100xas long as short
KuCoin ZBTUSDTM+0.0100%4h0.08411−0.018%$745K$9.8M50xas long as short
Bitget ZBTUSDT+0.0100%4h0.08411−0.018%$6.1M$140K10xas long as short
BingX ZBT-USDTshort+0.0100%4h0.08411−0.018%$1.3M
Variational Omni ZBT+0.0100%4h0.08414+0.012%$899$453as long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended ZBT-USD+0.0104%1h0.08410−0.032%$2K$119K5xas long as short
Gate ZBT_USDT+0.0409%8h0.08409−0.042%$542K$557K50xas long as short