ZBT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0051%/8h= +5.5% APRnext payment +$0.25 per $10,000 · paid last 24h −0.002%

Price spread now: Binance against BloFin−0.115%91s7-day average −0.022% · you buy dearer than you sell

Net, funding: paid 7d − costs−$81as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$800.797% of the position

Long on BloFin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.016%−$2 on $10k

Price spread, last 4 days (all we have)−0.061%−$6 · spread now −0.115%, 7d avg −0.022%

Together, before fees−0.078%−$8 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.093% cheaper against BloFin than usual: you would sell low and buy high (spread −0.115% now, against its 7-day average of −0.022%). If the spread goes back, that is −$9 on $10k: about 6.1 days of funding at the current rate (+$2 a day). The two prices were read 91 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ZBT-USDT	0.08392	0.0049	pay 0.0025% / 4h	1h 39m	$150K	$20K	50x
Short	Binance ZBTUSDT	0.08382	0.0100	get 0.0050% / 4h	1h 39m	$3.2M	$2.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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

Position, each leg$Hold fordaysFee BloFinbpFee BinancebpOrdersPrice spread, now −0.115%Rate

Funding earned: $10.63
Price spread: −0.115% → −0.022%: −$9.34
Slippage, 4 orders: −$57.73
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$78.44
Costs to cover: 0.797%
Break-even: 58.6 days

Slippage from BloFin: live order book, 72 min ago; Binance: live order book, 11 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 BloFin live order book, 72 min ago	1.79 bp	12.8 bp −$13	48.8 bp −$488	doesn't fit	doesn't fit
Sell Binance live order book, 11 min ago	0.60 bp	24.3 bp −$24	84.1 bp −$841	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	−0.0534%	1h	0.08380	−0.139%	$7K	$7K	10x	as long as short
BloFin ZBT-USDTlong	+0.0049%	4h	0.08392	long leg	$150K	$20K	50x
Aster ZBTUSDT	+0.0100%	4h	0.08382	−0.114%	$10K	$15K	5x	as long as short
Binance ZBTUSDTshort	+0.0100%	4h	0.08382	−0.115%	$3.2M	$2.6M	50x
Bybit ZBTUSDT	+0.0100%	4h	0.08380	−0.143%	$860K	$436K	25x	as long as short
OKX ZBT-USDT-SWAP	+0.0100%	4h	0.08373	−0.226%	$553K	$1.4M	10x	as long as short
Gate ZBT_USDT	+0.0100%	8h	0.08385	−0.083%	$538K	$540K	50x	as long as short
MEXC ZBT_USDT	+0.0100%	4h	0.08381	−0.131%	$1.4M	$199K	100x	as long as short
KuCoin ZBTUSDTM	+0.0100%	4h	0.08384	−0.095%	$734K	$9.7M	50x	as long as short
Bitget ZBTUSDT	+0.0100%	4h	0.08371	−0.250%	$6.0M	$135K	10x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ZBT-USDT	+0.0100%	4h	0.08366	−0.310%	—	$1.3M	—	as long as short
Variational Omni ZBT	+0.0100%	4h	0.08383	−0.109%	$894	$453	—	as long as short
Extended ZBT-USD	+0.0104%	1h	0.08380	−0.141%	$895	$116K	5x	as long as short