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

ZBT

all ZBT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against BingX+0.116%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$169as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1471.467% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.218%−$22 on $10k
Price spread, last 4 days (all we have)−0.128%−$13 · spread now +0.116%, 7d avg +0.013%
Together, before fees−0.346%−$35 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: Gate is 0.103% dearer against BingX than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ZBT-USDT0.086280.0100pay 0.0050% / 4h58m 58s$1.3M
ShortGate ZBT_USDT0.086380.0100get 0.0100% / 8h58m 58s$552K$692K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: +0.116% → +0.013%
$10.28
Slippage, 4 orders
−$121.74
Fee BingX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$136.46
Costs to cover
1.467%
Break-even
never at this rate
Slippage from BingX: live order book, 2 min ago; Gate: live order book, 42 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, 2 min ago3.48 bp19.8 bp −$2082.4 bp −$824576.9 bp −$57.7K1303.3 bp −$651.7K
Sell Gate live order book, 42 min ago5.77 bp44.3 bp −$44doesn'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−0.1245%1h0.08637+0.107%$7K$1K10xas long as short
OKX ZBT-USDT-SWAP−0.0048%4h0.08624−0.046%$630K$2.2M10xas long as short
KuCoin ZBTUSDTM+0.0022%4h0.08635+0.081%$647K$9.4M50xas long as short
BloFin ZBT-USDT+0.0092%4h0.08640+0.139%$155K$42K50xas long as short
Aster ZBTUSDT+0.0100%4h0.08634+0.072%$10K$43K5xas long as short
Binance ZBTUSDT+0.0100%4h0.08632+0.049%$3.6M$5.2M50xas long as short
Bybit ZBTUSDT+0.0100%4h0.08629+0.012%$930K$986K25xas long as short
Gate ZBT_USDTshort+0.0100%8h0.08638+0.116%$552K$692K50x
MEXC ZBT_USDT+0.0100%4h0.08631+0.035%$1.6M$296K100xas long as short
Bitget ZBTUSDT+0.0100%4h0.08635+0.081%$6.2M$322K10xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ZBT-USDTlong+0.0100%4h0.08628long leg$1.3M
Variational Omni ZBT+0.0100%4h0.08624−0.041%$1K$13Kas long as short
Extended ZBT-USD+0.0104%1h0.08628−0.005%$6K$178K5xas long as short