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

ZBT

all ZBT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance−0.022%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$990.992% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days−0.074%−$7 · spread now −0.022%, 7d avg −0.054%
Together, before fees−0.074%−$7 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: Bitget is 0.032% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.054%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ZBTUSDT0.086540.0100pay 0.0050% / 4h23m 59s$3.6M$5.3M50x
ShortBitget ZBTUSDT0.086520.0100get 0.0050% / 4h23m 59s$6.2M$326K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: −0.022% → −0.054%
$3.18
Slippage, 4 orders
−$77.21
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$96.03
Costs to cover
0.992%
Break-even
never at this rate
Slippage from Binance: live order book, 13 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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 13 min ago1.73 bp23.0 bp −$23114.5 bp −$1,145doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago4.62 bp32.5 bp −$32103.0 bp −$1,030doesn't fitdoesn't fit

ZBT on 13 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−0.1243%1h0.08651−0.036%$8K$3K10xas long as short
OKX ZBT-USDT-SWAP−0.0009%4h0.08646−0.092%$622K$2.2M10xas long as short
KuCoin ZBTUSDTM−0.0002%4h0.08650−0.045%$641K$9.5M50xas long as short
BloFin ZBT-USDT+0.0068%4h0.08655+0.012%$153K$42K50xas long as short
Aster ZBTUSDT+0.0100%4h0.08651−0.030%$11K$45K5xas long as short
Binance ZBTUSDTlong+0.0100%4h0.08654long leg$3.6M$5.3M50x
Bybit ZBTUSDT+0.0100%4h0.08652−0.022%$939K$1.1M25xas long as short
Gate ZBT_USDT+0.0100%8h0.08655+0.012%$559K$722K50xas long as short
MEXC ZBT_USDT+0.0100%4h0.08652−0.022%$1.6M$322K100xas long as short
Bitget ZBTUSDTshort+0.0100%4h0.08652−0.022%$6.2M$326K10x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ZBT-USDT+0.0100%4h0.08652−0.022%$1.3Mas long as short
Variational Omni ZBT+0.0100%4h0.08636−0.208%$1K$13Kas long as short
Extended ZBT-USD+0.0104%1h0.08650−0.042%$3K$199K5xas long as short