Funding arb · Price arb /

ZBT

all ZBT markets

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: Bybit against Binance+0.024%7-day average +0.052% · you sell dearer than you buy

Net, funding: paid 7d − costs−$155as in the Funding arb table

Net, price: spread back to 7d avg − costs−$158as in the Price arb table

costs, in and out, $10k−$1551.547% of the position

Long on Binance Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.062%+$6 · spread now +0.024%, 7d avg +0.052%

Together, before fees+0.062%+$6 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: Bybit is 0.028% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.052%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ZBTUSDT	0.08305	0.0100	pay 0.0050% / 4h	2h 05m	$3.1M	$2.5M	50x
Short	Bybit ZBTUSDT	0.08307	0.0100	get 0.0050% / 4h	2h 05m	$864K	$426K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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 BinancebpFee BybitbpOrdersPrice spread, now +0.024%Rate

Funding earned: $0
Price spread: +0.024% → +0.052%: −$2.82
Slippage, 4 orders: −$133.69
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$157.51
Costs to cover: 1.547%
Break-even: never at this rate

Slippage from Binance: live order book, 1 min ago; Bybit: live order book, 15 min ago.

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 Binance live order book, 1 min ago	2.41 bp	21.8 bp −$22	96.4 bp −$964	doesn't fit	doesn't fit
Sell Bybit live order book, 15 min ago	4.80 bp	53.9 bp −$54	doesn't fit	doesn't fit	doesn't fit

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	−0.0885%	1h	0.08302	−0.034%	$7K	$6K	10x	as long as short
BloFin ZBT-USDT	+0.0081%	4h	0.08308	+0.036%	$146K	$12K	50x	as long as short
Aster ZBTUSDT	+0.0100%	4h	0.08314	+0.108%	$11K	$15K	5x	as long as short
Binance ZBTUSDTlong	+0.0100%	4h	0.08305	long leg	$3.1M	$2.5M	50x
Bybit ZBTUSDTshort	+0.0100%	4h	0.08307	+0.024%	$864K	$426K	25x
OKX ZBT-USDT-SWAP	+0.0100%	4h	0.08301	−0.048%	$583K	$1.3M	10x	as long as short
Gate ZBT_USDT	+0.0100%	8h	0.08306	+0.012%	$536K	$546K	50x	as long as short
MEXC ZBT_USDT	+0.0100%	4h	0.08303	−0.024%	$1.4M	$208K	100x	as long as short
KuCoin ZBTUSDTM	+0.0100%	4h	0.08302	−0.036%	$717K	$9.8M	50x	as long as short
Bitget ZBTUSDT	+0.0100%	4h	0.08319	+0.169%	$6.0M	$138K	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	0.08302	−0.036%	—	$1.3M	—	as long as short
Variational Omni ZBT	+0.0100%	4h	0.08301	−0.047%	$888	$453	—	as long as short
Extended ZBT-USD	+0.0104%	1h	0.08304	−0.013%	$2K	$159K	5x	as long as short