Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Gate against Extended−0.086%7-day average +0.085% · you buy dearer than you sell
Net, funding: paid 7d − costs−$140as in the Funding arb table
Net, price: spread back to 7d avg − costs−$158as in the Price arb table
costs, in and out, $10k−$1411.410% of the position
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 4 days (all we have)−0.022%−$2 · spread now −0.086%, 7d avg +0.085%
=Together, before fees−0.014%+ Points / potential airdropExtended: Active · farm board−$1 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: Gate is 0.171% cheaper against Extended than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of +0.085%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ZBT-USD | 0.08314 | 0.0104 | pay 0.0013% / 1h | 51m 22s | $2K | $159K | 5x |
| Short | Gate ZBT_USDT | 0.08307 | 0.0100 | get 0.0100% / 8h | 2h 51m | $536K | $540K | 50x |
Extended ZBT-USD
Gate ZBT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Extended. 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
- −$0.84
- Price spread: −0.086% → +0.085%
- −$17.1
- Slippage, 4 orders
- −$120.97
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$158.91
- Costs to cover
- 1.410%
- Break-even
- never at this rate
Slippage from Extended: live order book, 34 min ago; Gate: live order book, 34 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 Extended live order book, 34 min ago | 3.37 bp | 26.3 bp −$26 | 258.7 bp −$2,587 | doesn't fit | doesn't fit |
| Sell Gate live order book, 34 min ago | 6.00 bp | 35.2 bp −$35 | doesn't fit | 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 | −0.0884% | 1h | 0.08316 | +0.028% | $7K | $6K | 10x | as long as short |
| Aster ZBTUSDT | +0.0100% | 4h | 0.08313 | −0.015% | $11K | $14K | 5x | as long as short |
| Binance ZBTUSDT | +0.0100% | 4h | 0.08315 | +0.010% | $3.1M | $2.6M | 50x | as long as short |
| Bybit ZBTUSDT | +0.0100% | 4h | 0.08308 | −0.074% | $865K | $433K | 25x | as long as short |
| OKX ZBT-USDT-SWAP | +0.0100% | 4h | 0.08313 | −0.014% | $587K | $1.3M | 10x | as long as short |
| Gate ZBT_USDTshort | +0.0100% | 8h | 0.08307 | −0.086% | $536K | $540K | 50x | |
| MEXC ZBT_USDT | +0.0100% | 4h | 0.08311 | −0.038% | $1.4M | $201K | 100x | as long as short |
| KuCoin ZBTUSDTM | +0.0100% | 4h | 0.08312 | −0.026% | $716K | $9.8M | 50x | as long as short |
| Bitget ZBTUSDT | +0.0100% | 4h | 0.08322 | +0.094% | $6.0M | $138K | 10x | as long as short |
| BingX ZBT-USDT | +0.0100% | 4h | 0.08311 | −0.038% | — | $1.3M | — | as long as short |
Kraken Futures PF_ZBTUSD
Aster ZBTUSDT
Binance ZBTUSDT
Bybit ZBTUSDT
OKX ZBT-USDT-SWAP
MEXC ZBT_USDT
KuCoin ZBTUSDTM
Bitget ZBTUSDT
BingX ZBT-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ZBT | +0.0100% | 4h | 0.08315 | +0.010% | $888 | $453 | — | as long as short |
| Extended ZBT-USDlong | +0.0104% | 1h | 0.08314 | long leg | $2K | $159K | 5x | |
| BloFin ZBT-USDT | +0.0107% | 4h | 0.08309 | −0.062% | $147K | $11K | 50x | as long as short |
Variational Omni ZBT
BloFin ZBT-USDT