Funding arb · Price arb /

ZBT

all ZBT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Variational Omni−0.115%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on MEXC

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.115% cheaper against Variational Omni than usual: you would sell low and buy high, −$12 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni ZBT	0.08662	0.0100	pay 0.0050% / 4h	1h 36m	$1K	$13K	—
Short	MEXC ZBT_USDT	0.08652	0.0100	get 0.0050% / 4h	1h 36m	$1.5M	$289K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpFee MEXCbpOrdersPrice spread, now −0.115%Rate

Funding earned: $0
Price spread: −0.115% → 0.000%: −$11.53
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$15.53
Costs to cover: 0.040%
Break-even: never at this rate

Slippage unknown: Variational Omni: no order-book sample; MEXC: live order book, 4 min ago. Net counts fees only.

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 Variational Omni no order-book sample	—	—	—	—	—
Sell MEXC live order book, 4 min ago	0.58 bp	6.6 bp −$7	34.4 bp −$344	233.8 bp −$23.4K	803.6 bp −$401.8K

Variational Omni: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_ZBTUSD	−0.1265%	1h	0.08664	+0.028%	$7K	$1K	10x	as long as short
BloFin ZBT-USDT	+0.0070%	4h	0.08665	+0.035%	$154K	$42K	50x	as long as short
Aster ZBTUSDT	+0.0100%	4h	0.08654	−0.095%	$10K	$42K	5x	as long as short
Binance ZBTUSDT	+0.0100%	4h	0.08653	−0.104%	$3.6M	$5.0M	50x	as long as short
Bybit ZBTUSDT	+0.0100%	4h	0.08659	−0.034%	$932K	$955K	25x	as long as short
OKX ZBT-USDT-SWAP	+0.0100%	4h	0.08646	−0.185%	$630K	$2.2M	10x	as long as short
Gate ZBT_USDT	+0.0100%	8h	0.08664	+0.023%	$547K	$677K	50x	as long as short
MEXC ZBT_USDTshort	+0.0100%	4h	0.08652	−0.115%	$1.5M	$289K	100x
KuCoin ZBTUSDTM	+0.0100%	4h	0.08647	−0.173%	$676K	$9.3M	50x	as long as short
Bitget ZBTUSDT	+0.0100%	4h	0.08653	−0.104%	$6.2M	$308K	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	0.08649	−0.150%	—	$1.3M	—	as long as short
Variational Omni ZBTlong	+0.0100%	4h	0.08662	long leg	$1K	$13K	—
Extended ZBT-USD	+0.0104%	1h	0.08657	−0.061%	$6K	$196K	5x	as long as short