ZBT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0047%/8h= −5.1% APRnext payment −$0.23 per $10,000 · paid last 24h −0.014%

Price spread now: BloFin against KuCoin+0.060%7-day average −0.010% · you sell dearer than you buy

Net, funding: paid 7d − costs−$290as in the Funding arb table

Net, price: spread back to 7d avg − costs−$281as in the Price arb table

costs, in and out, $10k−$2882.881% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.018%−$2 on $10k

Price spread, last 3 days (all we have)+0.043%+$4 · spread now +0.060%, 7d avg −0.010%

Together, before fees+0.026%+$3 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.070% dearer against KuCoin than usual: you sell high and buy low (spread +0.060% now, against its 7-day average of −0.010%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.0 days. At the pace of the last 7 days (−0.018% in total) that is about 28 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ZBTUSDTM	0.08303	0.0100	pay 0.0050% / 4h	2h 04m	$717K	$9.8M	50x
Short	BloFin ZBT-USDT	0.08308	0.0053	get 0.0027% / 4h	2h 04m	$146K	$12K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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

Position, each leg$Hold fordaysFee KuCoinbpFee BloFinbpOrdersPrice spread, now +0.060%Rate

Funding earned: −$9.84
Price spread: +0.060% → −0.010%: $6.98
Slippage, 4 orders: −$264.12
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$290.98
Costs to cover: 2.881%
Break-even: never at this rate

Slippage from KuCoin: live order book, 3 min ago; BloFin: live order book, 9 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 KuCoin live order book, 3 min ago	2.41 bp	203.7 bp −$204	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 9 min ago	0.60 bp	14.9 bp −$15	50.5 bp −$505	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	−0.0886%	1h	0.08298	−0.056%	$7K	$6K	10x	as long as short
BloFin ZBT-USDTshort	+0.0053%	4h	0.08308	+0.060%	$146K	$12K	50x
Aster ZBTUSDT	+0.0100%	4h	0.08314	+0.132%	$11K	$15K	5x	as long as short
Binance ZBTUSDT	+0.0100%	4h	0.08305	+0.024%	$3.1M	$2.5M	50x	as long as short
Bybit ZBTUSDT	+0.0100%	4h	0.08307	+0.048%	$864K	$426K	25x	as long as short
OKX ZBT-USDT-SWAP	+0.0100%	4h	0.08301	−0.024%	$583K	$1.3M	10x	as long as short
Gate ZBT_USDT	+0.0100%	8h	0.08308	+0.060%	$536K	$546K	50x	as long as short
MEXC ZBT_USDT	+0.0100%	4h	0.08302	−0.012%	$1.4M	$208K	100x	as long as short
KuCoin ZBTUSDTMlong	+0.0100%	4h	0.08303	long leg	$717K	$9.8M	50x
Bitget ZBTUSDT	+0.0100%	4h	0.08319	+0.193%	$6.0M	$138K	10x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ZBT-USDT	+0.0100%	4h	0.08302	−0.012%	—	$1.3M	—	as long as short
Variational Omni ZBT	+0.0100%	4h	0.08301	−0.023%	$888	$453	—	as long as short
Extended ZBT-USD	+0.0104%	1h	0.08304	+0.011%	$2K	$159K	5x	as long as short