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

ZBT

all ZBT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against BingX+0.012%7-day average −0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$730.727% 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−0.046%−$5 · spread now +0.012%, 7d avg −0.042%
Together, before fees−0.280%−$28 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: MEXC is 0.054% dearer against BingX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ZBT-USDT0.086470.0100pay 0.0050% / 4h3h 59m$1.3M
ShortMEXC ZBT_USDT0.086480.0100get 0.0050% / 4h3h 59m$1.7M$339K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: +0.012% → −0.042%
$5.38
Slippage, 4 orders
−$58.73
Fee BingX: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$67.35
Costs to cover
0.727%
Break-even
never at this rate
Slippage from BingX: live order book, 12 min ago; MEXC: live order book, 2 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 ago3.46 bp25.7 bp −$2688.4 bp −$884782.3 bp −$78.2K1320.3 bp −$660.2K
Sell MEXC live order book, 2 min ago2.31 bp11.4 bp −$1160.1 bp −$601213.2 bp −$21.3K776.8 bp −$388.4K

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−0.1244%1h0.08647−0.005%$8K$3K10xas long as short
KuCoin ZBTUSDTM−0.0078%4h0.08649+0.023%$628K$9.4M50xas long as short
OKX ZBT-USDT-SWAP+0.0028%4h0.08642−0.058%$630K$2.3M10xas long as short
BloFin ZBT-USDT+0.0054%4h0.08658+0.127%$152K$42K50xas long as short
Aster ZBTUSDT+0.0100%4h0.08655+0.093%$9K$47K5xas long as short
Binance ZBTUSDT+0.0100%4h0.08649+0.019%$3.6M$5.3M50xas long as short
Bybit ZBTUSDT+0.0100%4h0.08651+0.046%$948K$1.1M25xas long as short
Gate ZBT_USDT+0.0100%8h0.08659+0.139%$565K$717K50xas long as short
MEXC ZBT_USDTshort+0.0100%4h0.08648+0.012%$1.7M$339K100x
Bitget ZBTUSDT+0.0100%4h0.08652+0.058%$6.2M$336K10xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ZBT-USDTlong+0.0100%4h0.08647long leg$1.3M
Variational Omni ZBT+0.0100%4h0.08650+0.033%$1K$13Kas long as short
Extended ZBT-USD+0.0104%1h0.08648+0.007%$3K$204K5xas long as short