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: Bitget against BingX−0.024%7-day average −0.095% · you buy dearer than you sell
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$1131.132% 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−0.038%−$4 · spread now −0.024%, 7d avg −0.095%
Together, before fees−0.272%−$27 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: Bitget is 0.071% dearer against BingX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.095%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ZBT-USDT0.083260.0100pay 0.0050% / 4h2h 14m$1.3M
ShortBitget ZBTUSDT0.083240.0100get 0.0050% / 4h2h 14m$6.0M$138K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: −0.024% → −0.095%
$7.08
Slippage, 4 orders
−$91.15
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$106.07
Costs to cover
1.132%
Break-even
never at this rate
Slippage from BingX: live order book, 12 min ago; Bitget: live order book, 4 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, 12 min ago4.80 bp24.6 bp −$2585.3 bp −$853694.8 bp −$69.5Kdoesn't fit
Sell Bitget live order book, 4 min ago7.80 bp40.3 bp −$40116.5 bp −$1,165doesn'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−0.0883%1h0.08324−0.018%$7K$6K10xas long as short
Aster ZBTUSDT+0.0100%4h0.08323−0.032%$10K$15K5xas long as short
Binance ZBTUSDT+0.0100%4h0.08327+0.012%$3.2M$2.5M50xas long as short
Bybit ZBTUSDT+0.0100%4h0.08320−0.072%$866K$426K25xas long as short
OKX ZBT-USDT-SWAP+0.0100%4h0.08323−0.036%$584K$1.3M10xas long as short
Gate ZBT_USDT+0.0100%8h0.08330+0.048%$538K$545K50xas long as short
MEXC ZBT_USDT+0.0100%4h0.08328+0.024%$1.4M$208K100xas long as short
KuCoin ZBTUSDTM+0.0100%4h0.08328+0.024%$721K$9.8M50xas long as short
Bitget ZBTUSDTshort+0.0100%4h0.08324−0.024%$6.0M$138K10x
BingX ZBT-USDTlong+0.0100%4h0.08326long leg$1.3M
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZBT+0.0100%4h0.08324−0.029%$889$453as long as short
Extended ZBT-USD+0.0104%1h0.08327+0.011%$2K$159K5xas long as short
BloFin ZBT-USDT+0.0159%4h0.08325−0.012%$146K$12K50xas long as short