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

ZBT

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC−0.0843%/8h= −92.3% APRpaid last 24h −0.223%
Price spread now: Kraken Futures against Aster−0.154%7-day average · you buy dearer than you sell
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 against this trade now: funding costs −$25 a day on $10k at the current rate, and Kraken Futures is 0.154% cheaper against Aster than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZBTUSDT0.083340.0100pay 0.0050% / 4h3h 32m$11K$15K5x
ShortKraken Futures PF_ZBTUSD0.08321−0.0743pay 0.0093% / 1h32m 46s$7K$6K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Aster. 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
−$177.02
Price spread: −0.154% → 0.000%
−$15.37
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$210.39
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Kraken Futures: 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 Aster no order-book sample
Sell Kraken Futures no order-book sample
Aster and Kraken Futures: 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_ZBTUSDshort−0.0743%1h0.08321−0.154%$7K$6K10x
Aster ZBTUSDTlong+0.0100%4h0.08334long leg$11K$15K5x
Binance ZBTUSDT+0.0100%4h0.08341+0.085%$3.2M$2.6M50xas long as short
Bybit ZBTUSDT+0.0100%4h0.08337+0.034%$865K$420K25xas long as short
OKX ZBT-USDT-SWAP+0.0100%4h0.08336+0.022%$594K$1.3M10xas long as short
Gate ZBT_USDT+0.0100%8h0.08339+0.058%$542K$542K50xas long as short
MEXC ZBT_USDT+0.0100%4h0.08338+0.046%$1.4M$209K100xas long as short
KuCoin ZBTUSDTM+0.0100%4h0.08340+0.070%$703K$9.9M50xas long as short
Bitget ZBTUSDT+0.0100%4h0.08335+0.010%$6.0M$128K10xas long as short
BingX ZBT-USDT+0.0100%4h0.08339+0.058%$1.3Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZBT+0.0100%4h0.08320−0.175%$889$453as long as short
Extended ZBT-USD+0.0104%1h0.08336+0.021%$2K$159K5xas long as short
BloFin ZBT-USDT+0.0117%4h0.08323−0.134%$148K$4K50xas long as short