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

ZBT

all ZBT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against BingX−0.080%7-day average −0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs−$154as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1321.317% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.225%−$23 on $10k
Price spread, last 4 days (all we have)+0.045%+$5 · spread now −0.080%, 7d avg −0.069%
Together, before fees−0.180%+ Points / potential airdropExtended: Active · farm board−$18 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ZBT-USDT0.083250.0100pay 0.0050% / 4h1h 11m$1.3M
ShortExtended ZBT-USD0.083180.0104get 0.0013% / 1h11m 34s$2K$159K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: −0.080% → −0.069%
−$1.09
Slippage, 4 orders
−$116.67
Fee BingX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$131.93
Costs to cover
1.317%
Break-even
1106.4 days
Slippage from BingX: live order book, 10 min ago; Extended: 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, 10 min ago4.21 bp19.0 bp −$1969.8 bp −$698694.6 bp −$69.5Kdoesn't fit
Sell Extended live order book, 4 min ago2.28 bp61.7 bp −$62doesn't fitdoesn'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−0.0913%1h0.08314−0.129%$7K$6K10xas long as short
BloFin ZBT-USDT+0.0094%4h0.08314−0.132%$147K$12K50xas long as short
Aster ZBTUSDT+0.0100%4h0.08319−0.072%$11K$16K5xas long as short
Binance ZBTUSDT+0.0100%4h0.08327+0.021%$3.2M$2.6M50xas long as short
Bybit ZBTUSDT+0.0100%4h0.08320−0.060%$866K$423K25xas long as short
OKX ZBT-USDT-SWAP+0.0100%4h0.08322−0.036%$579K$1.3M10xas long as short
Gate ZBT_USDT+0.0100%8h0.08324−0.012%$536K$540K50xas long as short
MEXC ZBT_USDT+0.0100%4h0.08324−0.012%$1.4M$204K100xas long as short
KuCoin ZBTUSDTM+0.0100%4h0.08322−0.036%$707K$9.7M50xas long as short
Bitget ZBTUSDT+0.0100%4h0.08320−0.060%$6.0M$134K10xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ZBT-USDTlong+0.0100%4h0.08325long leg$1.3M
Variational Omni ZBT+0.0100%4h0.08321−0.049%$889$453as long as short
Extended ZBT-USDshort+0.0104%1h0.08318−0.080%$2K$159K5x