Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against Binance−0.028%7-day average +0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$145as in the Price arb table
costs, in and out, $10k−$1361.361% of the position
Funding, last 7 days+0.016%+$2 on $10k
+Price spread, last 4 days (all we have)+0.044%+$4 · spread now −0.028%, 7d avg +0.056%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.084% cheaper against Binance than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.056%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZBTUSDT | 0.08390 | 0.0100 | pay 0.0050% / 4h | 3h 42m | $3.2M | $2.6M | 50x |
| Short | Gate ZBT_USDT | 0.08388 | 0.0100 | get 0.0100% / 8h | 7h 42m | $545K | $553K | 50x |
Binance ZBTUSDT
Gate ZBT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.028% → +0.056%
- −$8.41
- Slippage, 4 orders
- −$111.09
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$144.51
- Costs to cover
- 1.361%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; Gate: live order book, 28 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, 8 min ago | 1.79 bp | 19.8 bp −$20 | 86.1 bp −$861 | doesn't fit | doesn't fit |
| Sell Gate live order book, 28 min ago | 5.97 bp | 37.6 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
ZBT 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZBTUSD | −0.0706% | 1h | 0.08389 | −0.013% | $7K | $6K | 10x | as long as short |
| Aster ZBTUSDT | +0.0100% | 4h | 0.08387 | −0.040% | $10K | $15K | 5x | as long as short |
| Binance ZBTUSDTlong | +0.0100% | 4h | 0.08390 | long leg | $3.2M | $2.6M | 50x | |
| Bybit ZBTUSDT | +0.0100% | 4h | 0.08387 | −0.040% | $870K | $436K | 25x | as long as short |
| OKX ZBT-USDT-SWAP | +0.0100% | 4h | 0.08390 | −0.005% | $557K | $1.4M | 10x | as long as short |
| Gate ZBT_USDTshort | +0.0100% | 8h | 0.08388 | −0.028% | $545K | $553K | 50x | |
| MEXC ZBT_USDT | +0.0100% | 4h | 0.08388 | −0.028% | $1.4M | $198K | 100x | as long as short |
| KuCoin ZBTUSDTM | +0.0100% | 4h | 0.08387 | −0.040% | $741K | $9.8M | 50x | as long as short |
| Bitget ZBTUSDT | +0.0100% | 4h | 0.08384 | −0.076% | $6.0M | $139K | 10x | as long as short |
| BingX ZBT-USDT | +0.0100% | 4h | 0.08392 | +0.019% | — | $1.3M | — | as long as short |
Kraken Futures PF_ZBTUSD
Aster ZBTUSDT
Bybit ZBTUSDT
OKX ZBT-USDT-SWAP
MEXC ZBT_USDT
KuCoin ZBTUSDTM
Bitget ZBTUSDT
BingX ZBT-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ZBT | +0.0100% | 4h | 0.08368 | −0.264% | $893 | $453 | — | as long as short |
| Extended ZBT-USD | +0.0104% | 1h | 0.08388 | −0.027% | $2K | $158K | 5x | as long as short |
| BloFin ZBT-USDT | +0.0120% | 4h | 0.08399 | +0.103% | $148K | $12K | 50x | as long as short |
Variational Omni ZBT
Extended ZBT-USD
BloFin ZBT-USDT