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

ZBT

all ZBT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.1013%/8h= +110.9% APRpaid last 24h +0.214%
Price spread now: Aster against Kraken Futures+0.123%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$30 a day on $10k at the current rate, and Aster is 0.123% dearer against Kraken Futures than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_ZBTUSD0.08315−0.0913get 0.0114% / 1h36m 03s$7K$6K10x
ShortAster ZBTUSDT0.083250.0100get 0.0050% / 4h1h 36m$11K$15K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Kraken Futures. 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
$212.64
Price spread: +0.123% → 0.000%
$12.3
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
$206.94
Costs to cover
0.180%
Break-even
0.2 days
Slippage unknown: Kraken Futures: no order-book sample; Aster: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures no order-book sample
Sell Aster no order-book sample
Kraken Futures and Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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_ZBTUSDlong−0.0913%1h0.08315long leg$7K$6K10x
BloFin ZBT-USDT+0.0091%4h0.08320+0.059%$147K$12K50xas long as short
Aster ZBTUSDTshort+0.0100%4h0.08325+0.123%$11K$15K5x
Binance ZBTUSDT+0.0100%4h0.08314−0.008%$3.1M$2.5M50xas long as short
Bybit ZBTUSDT+0.0100%4h0.08319+0.047%$867K$423K25xas long as short
OKX ZBT-USDT-SWAP+0.0100%4h0.08313−0.025%$581K$1.3M10xas long as short
Gate ZBT_USDT+0.0100%8h0.08327+0.143%$537K$534K50xas long as short
MEXC ZBT_USDT+0.0100%4h0.08317+0.023%$1.4M$203K100xas long as short
KuCoin ZBTUSDTM+0.0100%4h0.08324+0.107%$714K$9.8M50xas long as short
Bitget ZBTUSDT+0.0100%4h0.08322+0.083%$6.0M$136K10xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ZBT-USDT+0.0100%4h0.08314−0.013%$1.3Mas long as short
Variational Omni ZBT+0.0100%4h0.08325+0.120%$888$453as long as short
Extended ZBT-USD+0.0104%1h0.08317+0.018%$2K$159K5xas long as short