Funding arb · Price arb /

ZBT

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Swap Backtest

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: Variational Omni against BingX−0.097%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on BingX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.097% cheaper against BingX than usual: you would sell low and buy high, −$10 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX ZBT-USDT	0.08323	0.0100	pay 0.0050% / 4h	2h 55m	—	$1.3M	—
Short	Variational Omni ZBT	0.08315	0.0100	get 0.0050% / 4h	2h 55m	$888	$453	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against BingX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BingXbpFee Variational OmnibpOrdersPrice spread, now −0.097%Rate

Funding earned: $0
Price spread: −0.097% → 0.000%: −$9.66
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$19.66
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: BingX: live order book, 6 min ago; Variational Omni: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BingX live order book, 6 min ago	4.20 bp	28.7 bp −$29	86.0 bp −$860	567.3 bp −$56.7K	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ZBT on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_ZBTUSD	−0.0882%	1h	0.08330	+0.082%	$7K	$6K	10x	as long as short
Aster ZBTUSDT	+0.0100%	4h	0.08324	+0.017%	$11K	$14K	5x	as long as short
Binance ZBTUSDT	+0.0100%	4h	0.08331	+0.096%	$3.2M	$2.6M	50x	as long as short
Bybit ZBTUSDT	+0.0100%	4h	0.08329	+0.072%	$868K	$433K	25x	as long as short
OKX ZBT-USDT-SWAP	+0.0100%	4h	0.08325	+0.024%	$587K	$1.3M	10x	as long as short
Gate ZBT_USDT	+0.0100%	8h	0.08325	+0.024%	$537K	$539K	50x	as long as short
MEXC ZBT_USDT	+0.0100%	4h	0.08331	+0.096%	$1.4M	$201K	100x	as long as short
KuCoin ZBTUSDTM	+0.0100%	4h	0.08331	+0.096%	$719K	$9.8M	50x	as long as short
Bitget ZBTUSDT	+0.0100%	4h	0.08332	+0.108%	$6.0M	$138K	10x	as long as short
BingX ZBT-USDTlong	+0.0100%	4h	0.08323	long leg	—	$1.3M	—

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni ZBTshort	+0.0100%	4h	0.08315	−0.097%	$888	$453	—
Extended ZBT-USD	+0.0104%	1h	0.08330	+0.084%	$2K	$159K	5x	as long as short
BloFin ZBT-USDT	+0.0132%	4h	0.08330	+0.084%	$147K	$11K	50x	as long as short