ZBT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0047%/8h= −5.2% APRnext payment −$0.24 per $10,000 · paid last 24h −0.004%

Price spread now: BingX against BloFin+0.108%7-day average +0.023% · you sell dearer than you buy

Net, funding: paid 7d − costs−$58as in the Funding arb table

Net, price: spread back to 7d avg − costs−$71as in the Price arb table

costs, in and out, $10k−$790.794% of the position

Long on BloFin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.219%+$22 on $10k

Price spread, last 3 days (all we have)−0.112%−$11 · spread now +0.108%, 7d avg +0.023%

Together, before fees+0.106%+$11 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BingX is 0.085% dearer against BloFin than usual: you sell high and buy low (spread +0.108% now, against its 7-day average of +0.023%): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.0 days. Mind the row above: over the last 7 days funding on this pair paid +0.219%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ZBT-USDT	0.08322	0.0147	pay 0.0074% / 4h	1h 08m	$148K	$12K	50x
Short	BingX ZBT-USDT	0.08331	0.0100	get 0.0050% / 4h	1h 08m	—	$1.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now +0.108%Rate

Funding earned: −$9.94
Price spread: +0.108% → +0.023%: $8.48
Slippage, 4 orders: −$57.38
Fee BloFin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$80.84
Costs to cover: 0.794%
Break-even: never at this rate

Slippage from BloFin: live order book, 65 min ago; BingX: live order book, 2 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, 65 min ago	0.60 bp	22.6 bp −$23	61.0 bp −$610	doesn't fit	doesn't fit
Sell BingX live order book, 2 min ago	3.61 bp	21.4 bp −$21	72.4 bp −$724	452.0 bp −$45.2K	1049.7 bp −$524.8K

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	−0.0912%	1h	0.08324	+0.022%	$7K	$6K	10x	as long as short
Aster ZBTUSDT	+0.0100%	4h	0.08319	−0.037%	$11K	$16K	5x	as long as short
Binance ZBTUSDT	+0.0100%	4h	0.08329	+0.088%	$3.2M	$2.6M	50x	as long as short
Bybit ZBTUSDT	+0.0100%	4h	0.08323	+0.012%	$866K	$423K	25x	as long as short
OKX ZBT-USDT-SWAP	+0.0100%	4h	0.08330	+0.096%	$580K	$1.3M	10x	as long as short
Gate ZBT_USDT	+0.0100%	8h	0.08324	+0.024%	$536K	$540K	50x	as long as short
MEXC ZBT_USDT	+0.0100%	4h	0.08324	+0.024%	$1.4M	$205K	100x	as long as short
KuCoin ZBTUSDTM	+0.0100%	4h	0.08323	+0.012%	$707K	$9.8M	50x	as long as short
Bitget ZBTUSDT	+0.0100%	4h	0.08321	−0.012%	$6.0M	$134K	10x	as long as short
BingX ZBT-USDTshort	+0.0100%	4h	0.08331	+0.108%	—	$1.3M	—

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni ZBT	+0.0100%	4h	0.08322	+0.005%	$888	$453	—	as long as short
Extended ZBT-USD	+0.0104%	1h	0.08324	+0.027%	$2K	$159K	5x	as long as short
BloFin ZBT-USDTlong	+0.0147%	4h	0.08322	long leg	$148K	$12K	50x