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: Bybit against Binance+0.113%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1341.343% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.056%−$6 · spread now +0.113%, 7d avg +0.048%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.064% dearer against Binance than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.048%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZBTUSDT | 0.08419 | 0.0100 | pay 0.0050% / 4h | 2h 30m | $3.2M | $2.7M | 50x |
| Short | Bybit ZBTUSDT | 0.08429 | 0.0100 | get 0.0050% / 4h | 2h 30m | $864K | $454K | 25x |
Binance ZBTUSDT
Bybit ZBTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.113% → +0.048%
- $6.44
- Slippage, 4 orders
- −$113.32
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$127.87
- Costs to cover
- 1.343%
- Break-even
- never at this rate
Slippage from Binance: live order book, 5 min ago; Bybit: live order book, 34 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 Binance live order book, 5 min ago | 1.78 bp | 23.2 bp −$23 | 96.5 bp −$965 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 34 min ago | 4.76 bp | 45.4 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
ZBT on 12 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_ZBTUSD | −0.0473% | 1h | 0.08415 | −0.058% | $7K | $7K | 10x | as long as short |
| Aster ZBTUSDT | +0.0100% | 4h | 0.08414 | −0.070% | $10K | $15K | 5x | as long as short |
| Binance ZBTUSDTlong | +0.0100% | 4h | 0.08419 | long leg | $3.2M | $2.7M | 50x | |
| Bybit ZBTUSDTshort | +0.0100% | 4h | 0.08429 | +0.113% | $864K | $454K | 25x | |
| OKX ZBT-USDT-SWAP | +0.0100% | 4h | 0.08414 | −0.065% | $559K | $1.4M | 10x | as long as short |
| MEXC ZBT_USDT | +0.0100% | 4h | 0.08423 | +0.042% | $1.4M | $200K | 100x | as long as short |
| KuCoin ZBTUSDTM | +0.0100% | 4h | 0.08421 | +0.018% | $739K | $9.8M | 50x | as long as short |
| Bitget ZBTUSDT | +0.0100% | 4h | 0.08414 | −0.065% | $6.1M | $140K | 10x | as long as short |
| BingX ZBT-USDT | +0.0100% | 4h | 0.08426 | +0.077% | — | $1.3M | — | as long as short |
| Variational Omni ZBT | +0.0100% | 4h | 0.08433 | +0.157% | $900 | $453 | — | as long as short |
Kraken Futures PF_ZBTUSD
Aster ZBTUSDT
OKX ZBT-USDT-SWAP
MEXC ZBT_USDT
KuCoin ZBTUSDTM
Bitget ZBTUSDT
BingX ZBT-USDT
Variational Omni ZBTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended ZBT-USD | +0.0104% | 1h | 0.08420 | +0.004% | $2K | $124K | 5x | as long as short |
| Gate ZBT_USDT | +0.0434% | 8h | 0.08423 | +0.042% | $544K | $551K | 50x | as long as short |
Extended ZBT-USD
Gate ZBT_USDT