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

ZBT

all ZBT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Bybit+0.181%7-day average −0.076% · you sell dearer than you buy
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1611.611% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.314%−$31 · spread now +0.181%, 7d avg −0.076%
Together, before fees−0.314%−$31 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: Bitget is 0.257% dearer against Bybit than usual: you sell high and buy low, +$26 on $10k if it goes back to its 7-day average of −0.076%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ZBTUSDT0.083080.0100pay 0.0050% / 4h2h 52m$865K$433K25x
ShortBitget ZBTUSDT0.083230.0100get 0.0050% / 4h2h 52m$6.0M$138K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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
Price spread: +0.181% → −0.076%
$25.69
Slippage, 4 orders
−$138.13
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$135.44
Costs to cover
1.611%
Break-even
never at this rate
Slippage from Bybit: live order book, 32 min ago; Bitget: live order book, 6 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 Bybit live order book, 32 min ago4.81 bp43.3 bp −$43doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 6 min ago9.63 bp35.8 bp −$36115.8 bp −$1,158doesn'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−0.0884%1h0.08309+0.011%$7K$6K10xas long as short
Aster ZBTUSDT+0.0100%4h0.08316+0.096%$11K$14K5xas long as short
Binance ZBTUSDT+0.0100%4h0.08307−0.007%$3.1M$2.6M50xas long as short
Bybit ZBTUSDTlong+0.0100%4h0.08308long leg$865K$433K25x
OKX ZBT-USDT-SWAP+0.0100%4h0.08302−0.072%$586K$1.3M10xas long as short
Gate ZBT_USDT+0.0100%8h0.08311+0.036%$536K$540K50xas long as short
MEXC ZBT_USDT+0.0100%4h0.08309+0.012%$1.4M$201K100xas long as short
KuCoin ZBTUSDTM+0.0100%4h0.08312+0.048%$717K$9.8M50xas long as short
Bitget ZBTUSDTshort+0.0100%4h0.08323+0.181%$6.0M$138K10x
BingX ZBT-USDT+0.0100%4h0.08305−0.036%$1.3Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZBT+0.0100%4h0.08315+0.084%$888$453as long as short
Extended ZBT-USD+0.0104%1h0.08310+0.026%$2K$159K5xas long as short
BloFin ZBT-USDT+0.0113%4h0.08309+0.012%$147K$11K50xas long as short