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

ZBT

all ZBT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Bitget−0.031%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1261.259% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.008%+$1 on $10k
Price spread, last 4 days (all we have)+0.088%+$9 · spread now −0.031%, 7d avg −0.004%
Together, before fees+0.096%+ Points / potential airdropExtended: Active · farm board+$10 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: Extended is 0.026% cheaper against Bitget than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ZBTUSDT0.083090.0100pay 0.0050% / 4h2h 39m$6.0M$138K10x
ShortExtended ZBT-USD0.083060.0104get 0.0013% / 1h39m 08s$2K$159K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bitget. 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: −0.031% → −0.004%
−$2.61
Slippage, 4 orders
−$108.9
Fee Bitget: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$127.67
Costs to cover
1.259%
Break-even
1070.9 days
Slippage from Bitget: live order book, 4 min ago; Extended: live order book, 46 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 Bitget live order book, 4 min ago9.03 bp22.7 bp −$23105.9 bp −$1,059doesn't fitdoesn't fit
Sell Extended live order book, 46 min ago3.37 bp40.7 bp −$41doesn'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−0.0885%1h0.08309−0.006%$7K$6K10xas long as short
Aster ZBTUSDT+0.0100%4h0.08308−0.008%$10K$15K5xas long as short
Binance ZBTUSDT+0.0100%4h0.08305−0.048%$3.1M$2.5M50xas long as short
Bybit ZBTUSDT+0.0100%4h0.083090.000%$865K$426K25xas long as short
OKX ZBT-USDT-SWAP+0.0100%4h0.08296−0.156%$585K$1.3M10xas long as short
Gate ZBT_USDT+0.0100%8h0.08311+0.024%$536K$542K50xas long as short
MEXC ZBT_USDT+0.0100%4h0.08307−0.024%$1.4M$204K100xas long as short
KuCoin ZBTUSDTM+0.0100%4h0.08303−0.072%$720K$9.9M50xas long as short
Bitget ZBTUSDTlong+0.0100%4h0.08309long leg$6.0M$138K10x
BingX ZBT-USDT+0.0100%4h0.08303−0.072%$1.3Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZBT+0.0100%4h0.08305−0.048%$887$453as long as short
Extended ZBT-USDshort+0.0104%1h0.08306−0.031%$2K$159K5x
BloFin ZBT-USDT+0.0121%4h0.08306−0.036%$147K$12K50xas long as short