ZBT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0021%/8h= +2.3% APRnext payment +$0.10 per $10,000 · paid last 24h −0.004%

Price spread now: Bitget against BloFin−0.095%7-day average −0.045% · you buy dearer than you sell

Net, funding: paid 7d − costs−$92as in the Funding arb table

Net, price: spread back to 7d avg − costs−$95as in the Price arb table

costs, in and out, $10k−$900.905% of the position

Long on BloFin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.015%−$2 on $10k

Price spread, last 3 days (all we have)+0.054%+$5 · spread now −0.095%, 7d avg −0.045%

Together, before fees+0.039%+$4 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bitget is 0.050% cheaper against BloFin than usual: you would sell low and buy high (spread −0.095% now, against its 7-day average of −0.045%). If the spread goes back, that is −$5 on $10k: about 8.1 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ZBT-USDT	0.08401	0.0079	pay 0.0040% / 4h	55m 21s	$147K	$12K	50x
Short	Bitget ZBTUSDT	0.08393	0.0100	get 0.0050% / 4h	55m 21s	$6.0M	$138K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.095%Rate

Funding earned: $4.34
Price spread: −0.095% → −0.045%: −$5.02
Slippage, 4 orders: −$66.47
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$91.15
Costs to cover: 0.905%
Break-even: 154.0 days

Slippage from BloFin: live order book, 6 min ago; Bitget: live order book, 3 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, 6 min ago	1.20 bp	11.9 bp −$12	49.3 bp −$493	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	5.97 bp	30.7 bp −$31	116.6 bp −$1,166	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	−0.0602%	1h	0.08385	−0.196%	$7K	$6K	10x	as long as short
BloFin ZBT-USDTlong	+0.0079%	4h	0.08401	long leg	$147K	$12K	50x
Aster ZBTUSDT	+0.0100%	4h	0.08396	−0.062%	$10K	$17K	5x	as long as short
Binance ZBTUSDT	+0.0100%	4h	0.08399	−0.024%	$3.2M	$2.6M	50x	as long as short
Bybit ZBTUSDT	+0.0100%	4h	0.08399	−0.024%	$878K	$430K	25x	as long as short
OKX ZBT-USDT-SWAP	+0.0100%	4h	0.08396	−0.060%	$582K	$1.3M	10x	as long as short
Gate ZBT_USDT	+0.0100%	8h	0.08396	−0.060%	$539K	$533K	50x	as long as short
MEXC ZBT_USDT	+0.0100%	4h	0.08402	+0.012%	$1.4M	$195K	100x	as long as short
KuCoin ZBTUSDTM	+0.0100%	4h	0.08402	+0.012%	$720K	$9.8M	50x	as long as short
Bitget ZBTUSDTshort	+0.0100%	4h	0.08393	−0.095%	$6.0M	$138K	10x

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ZBT-USDT	+0.0100%	4h	0.08399	−0.024%	—	$1.3M	—	as long as short
Variational Omni ZBT	+0.0100%	4h	0.08397	−0.050%	$893	$453	—	as long as short
Extended ZBT-USD	+0.0104%	1h	0.08400	−0.010%	$2K	$159K	5x	as long as short