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

ZBT

all ZBT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against BingX+0.073%7-day average −0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$960.965% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.234%−$23 on $10k
Price spread, last 7 days−0.077%−$8 · spread now +0.073%, 7d avg −0.037%
Together, before fees−0.311%−$31 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: Binance is 0.111% dearer against BingX than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.037%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ZBT-USDT0.083070.0100pay 0.0050% / 4h1h 53m$1.3M
ShortBinance ZBTUSDT0.083130.0100get 0.0050% / 4h1h 53m$3.1M$2.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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: +0.073% → −0.037%
$11.06
Slippage, 4 orders
−$76.47
Fee BingX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$85.4
Costs to cover
0.965%
Break-even
never at this rate
Slippage from BingX: live order book, 5 min ago; Binance: live order book, 12 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 BingX live order book, 5 min ago4.21 bp25.2 bp −$2582.9 bp −$829537.2 bp −$53.7Kdoesn't fit
Sell Binance live order book, 12 min ago2.41 bp25.5 bp −$2588.1 bp −$881doesn'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−0.0912%1h0.08319+0.144%$7K$6K10xas long as short
BloFin ZBT-USDT+0.0084%4h0.08320+0.156%$147K$12K50xas long as short
Aster ZBTUSDT+0.0100%4h0.08320+0.161%$11K$15K5xas long as short
Binance ZBTUSDTshort+0.0100%4h0.08313+0.073%$3.1M$2.5M50x
Bybit ZBTUSDT+0.0100%4h0.08323+0.193%$866K$425K25xas long as short
OKX ZBT-USDT-SWAP+0.0100%4h0.083070.000%$583K$1.3M10xas long as short
Gate ZBT_USDT+0.0100%8h0.08313+0.072%$536K$530K50xas long as short
MEXC ZBT_USDT+0.0100%4h0.08315+0.096%$1.4M$201K100xas long as short
KuCoin ZBTUSDTM+0.0100%4h0.08311+0.048%$713K$9.8M50xas long as short
Bitget ZBTUSDT+0.0100%4h0.08311+0.048%$6.0M$138K10xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ZBT-USDTlong+0.0100%4h0.08307long leg$1.3M
Variational Omni ZBT+0.0100%4h0.08325+0.214%$887$453as long as short
Extended ZBT-USD+0.0104%1h0.08314+0.080%$2K$159K5xas long as short