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 0.000%

Price spread now: Variational Omni against Aster+0.030%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 Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 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 · Variational 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: Variational Omni is 0.030% dearer against Aster than usual: you sell high and buy low, +$3 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	0.08383	0.0100	pay 0.0050% / 4h	42m 49s	$10K	$16K	5x
Short	Variational Omni ZBT	0.08385	0.0100	get 0.0050% / 4h	42m 49s	$894	$453	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Aster. 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 AsterbpFee Variational OmnibpOrdersPrice spread, now +0.030%Rate

Funding earned: $0
Price spread: +0.030% → 0.000%: $3.04
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$4.96
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; Variational Omni: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster no order-book sample	—	—	—	—	—
Sell Variational Omni no order-book sample	—	—	—	—	—

Aster and 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	−0.0602%	1h	0.08374	−0.104%	$7K	$6K	10x	as long as short
BloFin ZBT-USDT	+0.0093%	4h	0.08376	−0.082%	$147K	$12K	50x	as long as short
Aster ZBTUSDTlong	+0.0100%	4h	0.08383	long leg	$10K	$16K	5x
Binance ZBTUSDT	+0.0100%	4h	0.08375	−0.094%	$3.2M	$2.6M	50x	as long as short
Bybit ZBTUSDT	+0.0100%	4h	0.08377	−0.070%	$872K	$434K	25x	as long as short
OKX ZBT-USDT-SWAP	+0.0100%	4h	0.08365	−0.214%	$577K	$1.3M	10x	as long as short
Gate ZBT_USDT	+0.0100%	8h	0.08381	−0.023%	$539K	$539K	50x	as long as short
MEXC ZBT_USDT	+0.0100%	4h	0.08374	−0.106%	$1.4M	$196K	100x	as long as short
KuCoin ZBTUSDTM	+0.0100%	4h	0.08382	−0.011%	$716K	$9.8M	50x	as long as short
Bitget ZBTUSDT	+0.0100%	4h	0.08380	−0.035%	$6.0M	$139K	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	0.08375	−0.094%	—	$1.3M	—	as long as short
Variational Omni ZBTshort	+0.0100%	4h	0.08385	+0.030%	$894	$453	—
Extended ZBT-USD	+0.0104%	1h	0.08373	−0.113%	$2K	$159K	5x	as long as short