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: OKX against Binance−0.065%7-day average +0.099% · you buy dearer than you sell
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$910.911% of the position
Funding, last 7 days+0.248%+$25 on $10k
+Price spread, last 7 days+0.114%+$11 · spread now −0.065%, 7d avg +0.099%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.164% cheaper against Binance than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of +0.099%.
| 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 | 3h 56m | $3.2M | $2.6M | 50x |
| Short | OKX ZBT-USDT-SWAP | 0.08414 | 0.0100 | get 0.0050% / 4h | 3h 56m | $555K | $1.4M | 10x |
Binance ZBTUSDT
OKX ZBT-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.065% → +0.099%
- −$16.43
- Slippage, 4 orders
- −$71.08
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$107.52
- Costs to cover
- 0.911%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; OKX: live order book, 1 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, 10 min ago | 1.79 bp | 21.9 bp −$22 | 82.1 bp −$821 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 0.60 bp | 23.4 bp −$23 | 234.8 bp −$2,348 | 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 | −0.0674% | 1h | 0.08415 | −0.050% | $7K | $7K | 10x | as long as short |
| BloFin ZBT-USDT | +0.0060% | 4h | 0.08424 | +0.054% | $149K | $20K | 50x | as long as short |
| Aster ZBTUSDT | +0.0100% | 4h | 0.08411 | −0.106% | $11K | $14K | 5x | as long as short |
| Binance ZBTUSDTlong | +0.0100% | 4h | 0.08419 | long leg | $3.2M | $2.6M | 50x | |
| Bybit ZBTUSDT | +0.0100% | 4h | 0.08418 | −0.018% | $867K | $431K | 25x | as long as short |
| OKX ZBT-USDT-SWAPshort | +0.0100% | 4h | 0.08414 | −0.065% | $555K | $1.4M | 10x | |
| MEXC ZBT_USDT | +0.0100% | 4h | 0.08417 | −0.029% | $1.4M | $190K | 100x | as long as short |
| KuCoin ZBTUSDTM | +0.0100% | 4h | 0.08416 | −0.041% | $735K | $9.4M | 50x | as long as short |
| Bitget ZBTUSDT | +0.0100% | 4h | 0.08414 | −0.065% | $6.0M | $137K | 10x | as long as short |
| BingX ZBT-USDT | +0.0100% | 4h | 0.08418 | −0.018% | — | $1.3M | — | as long as short |
Kraken Futures PF_ZBTUSD
BloFin ZBT-USDT
Aster ZBTUSDT
Bybit ZBTUSDT
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 | 0.08416 | −0.047% | $898 | $453 | — | as long as short |
| Extended ZBT-USD | +0.0104% | 1h | 0.08408 | −0.131% | $3K | $118K | 5x | as long as short |
| Gate ZBT_USDT | +0.0460% | 8h | 0.08418 | −0.018% | $537K | $519K | 50x | as long as short |
Variational Omni ZBT
Extended ZBT-USD
Gate ZBT_USDT