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

ZBT

all ZBT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Binance−0.029%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1051.049% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.008%+$1 on $10k
Price spread, last 4 days (all we have)+0.033%+$3 · spread now −0.029%, 7d avg −0.026%
Together, before fees+0.041%+ Points / potential airdropExtended: Active · farm board+$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ZBTUSDT0.084070.0100pay 0.0050% / 4h2m 03s$3.2M$2.6M50x
ShortExtended ZBT-USD0.084050.0104get 0.0013% / 1h2m 03s$4K$112K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: −0.029% → −0.026%
−$0.27
Slippage, 4 orders
−$89.92
Fee Binance: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$104.34
Costs to cover
1.049%
Break-even
876.5 days
Slippage from Binance: live order book, 4 min ago; Extended: live order book, 53 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, 4 min ago1.79 bp21.9 bp −$2282.1 bp −$821doesn't fitdoesn't fit
Sell Extended live order book, 53 min ago3.88 bp44.5 bp −$45307.1 bp −$3,071doesn'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−0.0850%1h0.08403−0.052%$7K$7K10xas long as short
Aster ZBTUSDT+0.0100%4h0.08391−0.190%$11K$14K5xas long as short
Binance ZBTUSDTlong+0.0100%4h0.08407long leg$3.2M$2.6M50x
Bybit ZBTUSDT+0.0100%4h0.08397−0.119%$865K$430K25xas long as short
OKX ZBT-USDT-SWAP+0.0100%4h0.08405−0.024%$554K$1.4M10xas long as short
MEXC ZBT_USDT+0.0100%4h0.08408+0.012%$1.4M$203K100xas long as short
KuCoin ZBTUSDTM+0.0100%4h0.08402−0.059%$724K$9.4M50xas long as short
Bitget ZBTUSDT+0.0100%4h0.08392−0.178%$6.0M$137K10xas long as short
BingX ZBT-USDT+0.0100%4h0.084070.000%$1.3Mas long as short
Variational Omni ZBT+0.0100%4h0.08389−0.220%$896$453as long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended ZBT-USDshort+0.0104%1h0.08405−0.029%$4K$112K5x
BloFin ZBT-USDT+0.0140%4h0.08406−0.012%$149K$20K50xas long as short
Gate ZBT_USDT+0.0417%8h0.08399−0.095%$536K$547K50xas long as short