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

ZBT

all ZBT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against OKX+0.024%7-day average −0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1281.284% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.232%−$23 on $10k
Price spread, last 4 days (all we have)−0.270%−$27 · spread now +0.024%, 7d avg −0.044%
Together, before fees−0.502%−$50 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 0.068% dearer against OKX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.044%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ZBT-USDT-SWAP0.083190.0100pay 0.0050% / 4h1h 43m$584K$1.3M10x
ShortGate ZBT_USDT0.083210.0100get 0.0100% / 8h1h 43m$537K$532K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: +0.024% → −0.044%
$6.76
Slippage, 4 orders
−$103.44
Fee OKX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$121.68
Costs to cover
1.284%
Break-even
never at this rate
Slippage from OKX: live order book, 3 min ago; Gate: live order book, 37 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, 3 min ago0.60 bp23.2 bp −$23187.5 bp −$1,875doesn't fitdoesn't fit
Sell Gate live order book, 37 min ago6.00 bp40.6 bp −$41doesn'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−0.0912%1h0.08323+0.049%$7K$6K10xas long as short
Aster ZBTUSDT+0.0100%4h0.08318−0.016%$11K$15K5xas long as short
Binance ZBTUSDT+0.0100%4h0.08329+0.120%$3.2M$2.5M50xas long as short
Bybit ZBTUSDT+0.0100%4h0.08325+0.072%$866K$422K25xas long as short
OKX ZBT-USDT-SWAPlong+0.0100%4h0.08319long leg$584K$1.3M10x
Gate ZBT_USDTshort+0.0100%8h0.08321+0.024%$537K$532K50x
MEXC ZBT_USDT+0.0100%4h0.08330+0.132%$1.4M$202K100xas long as short
KuCoin ZBTUSDTM+0.0100%4h0.08320+0.012%$713K$9.8M50xas long as short
Bitget ZBTUSDT+0.0100%4h0.08328+0.108%$6.0M$136K10xas long as short
BingX ZBT-USDT+0.0100%4h0.08329+0.120%$1.3Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZBT+0.0100%4h0.08305−0.172%$886$453as long as short
Extended ZBT-USD+0.0104%1h0.08328+0.102%$2K$159K5xas long as short
BloFin ZBT-USDT+0.0132%4h0.08314−0.060%$147K$12K50xas long as short