Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Bitget−0.120%7-day average +0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$172as in the Funding arb table
Net, price: spread back to 7d avg − costs−$191as in the Price arb table
costs, in and out, $10k−$1721.722% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.176%+$18 · spread now −0.120%, 7d avg +0.073%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.193% cheaper against Bitget than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of +0.073%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ZBTUSDT | 0.08344 | 0.0100 | pay 0.0050% / 4h | 2h 55m | $6.0M | $140K | 10x |
| Short | Bybit ZBTUSDT | 0.08334 | 0.0100 | get 0.0050% / 4h | 2h 55m | $860K | $437K | 25x |
Bitget ZBTUSDT
Bybit ZBTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.120% → +0.073%
- −$19.28
- Slippage, 4 orders
- −$149.17
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$191.45
- Costs to cover
- 1.722%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; Bybit: live order book, 9 min ago.
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 Bitget live order book, 2 min ago | 2.99 bp | 36.9 bp −$37 | 166.8 bp −$1,668 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 9 min ago | 4.76 bp | 45.4 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
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 | −0.0477% | 1h | 0.08332 | −0.145% | $7K | $6K | 10x | as long as short |
| Aster ZBTUSDT | +0.0100% | 4h | 0.08340 | −0.049% | $10K | $15K | 5x | as long as short |
| Binance ZBTUSDT | +0.0100% | 4h | 0.08343 | −0.012% | $3.2M | $2.6M | 50x | as long as short |
| Bybit ZBTUSDTshort | +0.0100% | 4h | 0.08334 | −0.120% | $860K | $437K | 25x | |
| OKX ZBT-USDT-SWAP | +0.0100% | 4h | 0.08341 | −0.036% | $554K | $1.4M | 10x | as long as short |
| MEXC ZBT_USDT | +0.0100% | 4h | 0.08339 | −0.060% | $1.4M | $197K | 100x | as long as short |
| KuCoin ZBTUSDTM | +0.0100% | 4h | 0.08341 | −0.036% | $728K | $9.8M | 50x | as long as short |
| Bitget ZBTUSDTlong | +0.0100% | 4h | 0.08344 | long leg | $6.0M | $140K | 10x | |
| BingX ZBT-USDT | +0.0100% | 4h | 0.08342 | −0.024% | — | $1.3M | — | as long as short |
| Variational Omni ZBT | +0.0100% | 4h | 0.08327 | −0.207% | $889 | $453 | — | as long as short |
Kraken Futures PF_ZBTUSD
Aster ZBTUSDT
Binance ZBTUSDT
OKX ZBT-USDT-SWAP
MEXC ZBT_USDT
KuCoin ZBTUSDTM
BingX ZBT-USDT
Variational Omni ZBTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ZBT-USDT | +0.0100% | 4h | 0.08349 | +0.060% | $148K | $20K | 50x | as long as short |
| Extended ZBT-USD | +0.0104% | 1h | 0.08339 | −0.060% | $4K | $124K | 5x | as long as short |
| Gate ZBT_USDT | +0.0318% | 8h | 0.08346 | +0.024% | $540K | $541K | 50x | as long as short |
BloFin ZBT-USDT
Extended ZBT-USD
Gate ZBT_USDT