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

ZBT

all ZBT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against OKX−0.107%7-day average −0.155% · you buy dearer than you sell
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1181.178% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.248%−$25 on $10k
Price spread, last 7 days−0.064%−$6 · spread now −0.107%, 7d avg −0.155%
Together, before fees−0.312%−$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 0.048% dearer against OKX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.155%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ZBT-USDT-SWAP0.084000.0100pay 0.0050% / 4h2m 52s$554K$1.4M10x
ShortBitget ZBTUSDT0.083910.0100get 0.0050% / 4h2m 52s$6.0M$137K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against OKX. 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: −0.107% → −0.155%
$4.82
Slippage, 4 orders
−$95.84
Fee OKX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$113.02
Costs to cover
1.178%
Break-even
never at this rate
Slippage from OKX: live order book, 4 min ago; Bitget: live order book, 5 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 OKX live order book, 4 min ago1.19 bp27.9 bp −$28242.0 bp −$2,420doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago4.17 bp28.2 bp −$28110.0 bp −$1,100doesn'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−0.0850%1h0.08399−0.017%$7K$7K10xas long as short
Aster ZBTUSDT+0.0100%4h0.08390−0.121%$11K$14K5xas long as short
Binance ZBTUSDT+0.0100%4h0.08404+0.048%$3.2M$2.6M50xas long as short
Bybit ZBTUSDT+0.0100%4h0.08393−0.083%$864K$430K25xas long as short
OKX ZBT-USDT-SWAPlong+0.0100%4h0.08400long leg$554K$1.4M10x
MEXC ZBT_USDT+0.0100%4h0.08403+0.036%$1.4M$203K100xas long as short
KuCoin ZBTUSDTM+0.0100%4h0.084000.000%$728K$9.4M50xas long as short
Bitget ZBTUSDTshort+0.0100%4h0.08391−0.107%$6.0M$137K10x
BingX ZBT-USDT+0.0100%4h0.08402+0.024%$1.3Mas long as short
Variational Omni ZBT+0.0100%4h0.08389−0.137%$896$453as long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended ZBT-USD+0.0104%1h0.08402+0.019%$4K$112K5xas long as short
BloFin ZBT-USDT+0.0140%4h0.08406+0.071%$149K$20K50xas long as short
Gate ZBT_USDT+0.0416%8h0.08399−0.012%$536K$547K50xas long as short