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 +0.017%

Price spread now: KuCoin against Binance−0.035%7-day average +0.031% · you buy dearer than you sell

Net, funding: paid 7d − costs−$145as in the Funding arb table

Net, price: spread back to 7d avg − costs−$155as in the Price arb table

costs, in and out, $10k−$1491.486% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.033%+$3 on $10k

Price spread, last 7 days+0.034%+$3 · spread now −0.035%, 7d avg +0.031%

Together, before fees+0.067%+$7 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: KuCoin is 0.066% cheaper against Binance than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.031%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ZBTUSDT	0.08689	0.0100	pay 0.0050% / 4h	1h 26m	$3.6M	$5.1M	50x
Short	KuCoin ZBTUSDTM	0.08686	0.0100	get 0.0050% / 4h	1h 26m	$656K	$9.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.035%Rate

Funding earned: $0
Price spread: −0.035% → +0.031%: −$6.56
Slippage, 4 orders: −$126.62
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$155.18
Costs to cover: 1.486%
Break-even: never at this rate

Slippage from Binance: live order book, 11 min ago; KuCoin: live order book, 2 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, 11 min ago	0.58 bp	22.5 bp −$23	106.8 bp −$1,068	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	1.73 bp	64.6 bp −$65	652.5 bp −$6,525	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	−0.1263%	1h	0.08682	−0.080%	$7K	$1K	10x	as long as short
OKX ZBT-USDT-SWAP	+0.0077%	4h	0.08680	−0.104%	$629K	$2.2M	10x	as long as short
Aster ZBTUSDT	+0.0100%	4h	0.08685	−0.050%	$10K	$42K	5x	as long as short
Binance ZBTUSDTlong	+0.0100%	4h	0.08689	long leg	$3.6M	$5.1M	50x
Bybit ZBTUSDT	+0.0100%	4h	0.08692	+0.035%	$937K	$964K	25x	as long as short
Gate ZBT_USDT	+0.0100%	8h	0.08686	−0.035%	$550K	$684K	50x	as long as short
MEXC ZBT_USDT	+0.0100%	4h	0.08697	+0.092%	$1.6M	$300K	100x	as long as short
KuCoin ZBTUSDTMshort	+0.0100%	4h	0.08686	−0.035%	$656K	$9.4M	50x
Bitget ZBTUSDT	+0.0100%	4h	0.08693	+0.046%	$6.3M	$309K	10x	as long as short
BingX ZBT-USDT	+0.0100%	4h	0.08688	−0.012%	—	$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	0.08667	−0.253%	$1K	$13K	—	as long as short
Extended ZBT-USD	+0.0104%	1h	0.08692	+0.031%	$921	$191K	5x	as long as short
BloFin ZBT-USDT	+0.0137%	4h	0.08682	−0.081%	$155K	$42K	50x	as long as short