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

ZBT

all ZBT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Gate−0.057%7-day average −0.084% · you buy dearer than you sell
Net, funding: paid 7d − costs−$174as in the Funding arb table
Net, price: spread back to 7d avg − costs−$170as in the Price arb table
costs, in and out, $10k−$1731.728% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.008%−$1 on $10k
Price spread, last 4 days (all we have)+0.030%+$3 · spread now −0.057%, 7d avg −0.084%
Together, before fees+0.023%+ Points / potential airdropExtended: Active · farm board+$2 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: Extended is 0.027% dearer against Gate than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.084%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ZBT_USDT0.083440.0100pay 0.0100% / 8h30m 48s$539K$544K50x
ShortExtended ZBT-USD0.083390.0104get 0.0013% / 1h30m 48s$2K$159K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Gate. 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
$0.84
Price spread: −0.057% → −0.084%
$2.67
Slippage, 4 orders
−$152.77
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$169.26
Costs to cover
1.728%
Break-even
1417.5 days
Slippage from Gate: live order book, 45 min ago; Extended: live order book, 45 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 Gate live order book, 45 min ago5.40 bp46.6 bp −$47doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 45 min ago2.28 bp61.7 bp −$62doesn't fitdoesn'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−0.0605%1h0.08336−0.092%$7K$6K10xas long as short
BloFin ZBT-USDT+0.0058%4h0.08345+0.012%$147K$12K50xas long as short
Aster ZBTUSDT+0.0100%4h0.08341−0.038%$10K$16K5xas long as short
Binance ZBTUSDT+0.0100%4h0.08340−0.051%$3.2M$2.6M50xas long as short
Bybit ZBTUSDT+0.0100%4h0.08333−0.132%$863K$438K25xas long as short
OKX ZBT-USDT-SWAP+0.0100%4h0.08335−0.108%$568K$1.4M10xas long as short
Gate ZBT_USDTlong+0.0100%8h0.08344long leg$539K$544K50x
MEXC ZBT_USDT+0.0100%4h0.08340−0.048%$1.4M$199K100xas long as short
KuCoin ZBTUSDTM+0.0100%4h0.08339−0.060%$713K$9.7M50xas long as short
Bitget ZBTUSDT+0.0100%4h0.08332−0.144%$6.0M$139K10xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ZBT-USDT+0.0100%4h0.08335−0.108%$1.3Mas long as short
Variational Omni ZBT+0.0100%4h0.08337−0.083%$890$453as long as short
Extended ZBT-USDshort+0.0104%1h0.08339−0.057%$2K$159K5x