Funding arb · Price arb /

ZBT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.018%

Price spread now: KuCoin against Aster+0.196%7-day average — · you sell dearer than you buy

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

Long on Aster Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.196% dearer against Aster than usual: you sell high and buy low, +$20 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	Aster ZBTUSDT	0.08337	0.0100	pay 0.0050% / 4h	3h 30m	$11K	$15K	5x
Short	KuCoin ZBTUSDTM	0.08353	0.0100	get 0.0050% / 4h	3h 30m	$703K	$9.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee AsterbpFee KuCoinbpOrdersPrice spread, now +0.196%Rate

Funding earned: $0
Price spread: +0.196% → 0.000%: $19.6
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$0.4
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; KuCoin: live order book, 3 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 Aster no order-book sample	—	—	—	—	—
Sell KuCoin live order book, 3 min ago	2.40 bp	50.4 bp −$50	691.1 bp −$6,911	doesn't fit	doesn't fit

Aster: 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	−0.0742%	1h	0.08337	−0.002%	$7K	$6K	10x	as long as short
Aster ZBTUSDTlong	+0.0100%	4h	0.08337	long leg	$11K	$15K	5x
Binance ZBTUSDT	+0.0100%	4h	0.08351	+0.172%	$3.2M	$2.6M	50x	as long as short
Bybit ZBTUSDT	+0.0100%	4h	0.08348	+0.136%	$867K	$420K	25x	as long as short
OKX ZBT-USDT-SWAP	+0.0100%	4h	0.08349	+0.148%	$594K	$1.3M	10x	as long as short
Gate ZBT_USDT	+0.0100%	8h	0.08345	+0.100%	$543K	$543K	50x	as long as short
MEXC ZBT_USDT	+0.0100%	4h	0.08350	+0.160%	$1.4M	$209K	100x	as long as short
KuCoin ZBTUSDTMshort	+0.0100%	4h	0.08353	+0.196%	$703K	$9.9M	50x
Bitget ZBTUSDT	+0.0100%	4h	0.08342	+0.064%	$6.0M	$128K	10x	as long as short
BingX ZBT-USDT	+0.0100%	4h	0.08344	+0.088%	—	$1.3M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni ZBT	+0.0100%	4h	0.08337	+0.003%	$890	$453	—	as long as short
Extended ZBT-USD	+0.0104%	1h	0.08343	+0.073%	$2K	$159K	5x	as long as short
BloFin ZBT-USDT	+0.0106%	4h	0.08338	+0.016%	$148K	$5K	50x	as long as short