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

ZBT

all ZBT markets
SwapBacktest
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: MEXC against BingX−0.012%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$680.676% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.234%−$23 on $10k
Price spread, last 7 days+0.025%+$2 · spread now −0.012%, 7d avg −0.042%
Together, before fees−0.209%−$21 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: MEXC is 0.030% dearer against BingX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ZBT-USDT0.083090.0100pay 0.0050% / 4h1h 47m$1.3M
ShortMEXC ZBT_USDT0.083080.0100get 0.0050% / 4h1h 47m$1.4M$201K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against BingX. 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
$0
Price spread: −0.012% → −0.042%
$3.02
Slippage, 4 orders
−$53.58
Fee BingX: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$64.56
Costs to cover
0.676%
Break-even
never at this rate
Slippage from BingX: live order book, 11 min ago; MEXC: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 11 min ago4.21 bp25.2 bp −$2582.9 bp −$829537.2 bp −$53.7Kdoesn't fit
Sell MEXC live order book, 3 min ago1.20 bp9.0 bp −$960.8 bp −$608241.3 bp −$24.1K759.9 bp −$379.9K

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_ZBTUSD−0.0914%1h0.08303−0.077%$7K$6K10xas long as short
BloFin ZBT-USDT+0.0044%4h0.08312+0.036%$146K$12K50xas long as short
Aster ZBTUSDT+0.0100%4h0.08300−0.113%$11K$15K5xas long as short
Binance ZBTUSDT+0.0100%4h0.08309−0.001%$3.1M$2.5M50xas long as short
Bybit ZBTUSDT+0.0100%4h0.08304−0.060%$864K$422K25xas long as short
OKX ZBT-USDT-SWAP+0.0100%4h0.08302−0.084%$583K$1.3M10xas long as short
Gate ZBT_USDT+0.0100%8h0.08305−0.048%$536K$531K50xas long as short
MEXC ZBT_USDTshort+0.0100%4h0.08308−0.012%$1.4M$201K100x
KuCoin ZBTUSDTM+0.0100%4h0.08304−0.060%$714K$9.8M50xas long as short
Bitget ZBTUSDT+0.0100%4h0.08305−0.048%$6.0M$136K10xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ZBT-USDTlong+0.0100%4h0.08309long leg$1.3M
Variational Omni ZBT+0.0100%4h0.08307−0.021%$887$453as long as short
Extended ZBT-USD+0.0104%1h0.08308−0.014%$2K$159K5xas long as short