Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.5% APRnext payment −$0.02 per $10,000 · paid last 24h −0.002%
Price spread now: MEXC against BloFin−0.024%94s7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as 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−$590.588% of the position
Funding, last 7 days−0.020%−$2 on $10k
+Price spread, last 4 days (all we have)−0.049%−$5 · spread now −0.024%, 7d avg −0.021%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ZBT-USDT | 0.08416 | 0.0104 | pay 0.0052% / 4h | 3h 29m | $150K | $21K | 50x |
| Short | MEXC ZBT_USDT | 0.08414 | 0.0100 | get 0.0050% / 4h | 3h 29m | $1.4M | $191K | 100x |
BloFin ZBT-USDT
MEXC ZBT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against BloFin. 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
- −$0.89
- Price spread: −0.024% → −0.021%
- −$0.32
- Slippage, 4 orders
- −$42.84
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$60.05
- Costs to cover
- 0.588%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 60 min ago; MEXC: 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, 60 min ago | 1.19 bp | 18.7 bp −$19 | 54.1 bp −$541 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 1.78 bp | 13.5 bp −$14 | 69.8 bp −$698 | 265.9 bp −$26.6K | 799.7 bp −$399.8K |
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 | −0.0674% | 1h | 0.08414 | −0.027% | $7K | $7K | 10x | as long as short |
| Aster ZBTUSDT | +0.0100% | 4h | 0.08416 | +0.003% | $10K | $15K | 5x | as long as short |
| Binance ZBTUSDT | +0.0100% | 4h | 0.08412 | −0.048% | $3.2M | $2.6M | 50x | as long as short |
| Bybit ZBTUSDT | +0.0100% | 4h | 0.08414 | −0.024% | $867K | $429K | 25x | as long as short |
| OKX ZBT-USDT-SWAP | +0.0100% | 4h | 0.08418 | +0.024% | $560K | $1.4M | 10x | as long as short |
| MEXC ZBT_USDTshort | +0.0100% | 4h | 0.08414 | −0.024% | $1.4M | $191K | 100x | |
| KuCoin ZBTUSDTM | +0.0100% | 4h | 0.08408 | −0.095% | $729K | $9.3M | 50x | as long as short |
| Bitget ZBTUSDT | +0.0100% | 4h | 0.08408 | −0.095% | $6.0M | $135K | 10x | as long as short |
| BingX ZBT-USDT | +0.0100% | 4h | 0.08414 | −0.024% | — | $1.3M | — | as long as short |
| Variational Omni ZBT | +0.0100% | 4h | 0.08418 | +0.024% | $897 | $453 | — | as long as short |
Kraken Futures PF_ZBTUSD
Aster ZBTUSDT
Binance ZBTUSDT
Bybit ZBTUSDT
OKX ZBT-USDT-SWAP
KuCoin ZBTUSDTM
Bitget ZBTUSDT
BingX ZBT-USDT
Variational Omni ZBTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended ZBT-USD | +0.0104% | 1h | 0.08414 | −0.018% | $945 | $118K | 5x | as long as short |
| BloFin ZBT-USDTlong | +0.0104% | 4h | 0.08416 | long leg | $150K | $21K | 50x | |
| Gate ZBT_USDT | +0.0402% | 8h | 0.08416 | 0.000% | $537K | $526K | 50x | as long as short |
Extended ZBT-USD
Gate ZBT_USDT