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

ZBT

all ZBT markets
SwapBacktest
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 0.000%
Price spread now: OKX against BingX−0.082%7-day average +0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$930.934% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.014%+$1 on $10k
Price spread, last 7 days+0.123%+$12 · spread now −0.082%, 7d avg +0.063%
Together, before fees+0.137%+$14 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: OKX is 0.145% cheaper against BingX than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.063%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ZBT-USDT0.085460.0100pay 0.0050% / 4h2h 02m$1.3M
ShortOKX ZBT-USDT-SWAP0.085390.0100get 0.0050% / 4h2h 02m$621K$2.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.082% → +0.063%
−$14.46
Slippage, 4 orders
−$73.35
Fee BingX: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$107.81
Costs to cover
0.934%
Break-even
never at this rate
Slippage from BingX: live order book, 14 min ago; OKX: live order book, 4 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, 14 min ago4.12 bp21.1 bp −$2185.6 bp −$856791.9 bp −$79.2K1289.0 bp −$644.5K
Sell OKX live order book, 4 min ago0.59 bp33.1 bp −$33269.1 bp −$2,691doesn't fitdoesn't fit

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−0.0710%1h0.08566+0.232%$7K$1K10xas long as short
Aster ZBTUSDT+0.0100%4h0.08548+0.018%$10K$42K5xas long as short
Binance ZBTUSDT+0.0100%4h0.08549+0.035%$3.5M$4.9M50xas long as short
Bybit ZBTUSDT+0.0100%4h0.08548+0.023%$916K$936K25xas long as short
OKX ZBT-USDT-SWAPshort+0.0100%4h0.08539−0.082%$621K$2.1M10x
Gate ZBT_USDT+0.0100%8h0.08556+0.117%$535K$675K50xas long as short
MEXC ZBT_USDT+0.0100%4h0.08549+0.035%$1.5M$290K100xas long as short
KuCoin ZBTUSDTM+0.0100%4h0.08545−0.012%$680K$9.3M50xas long as short
Bitget ZBTUSDT+0.0100%4h0.08554+0.094%$6.2M$297K10xas long as short
BingX ZBT-USDTlong+0.0100%4h0.08546long leg$1.3M
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZBT+0.0100%4h0.08542−0.053%$1K$13Kas long as short
Extended ZBT-USD+0.0104%1h0.08547+0.007%$1K$193K5xas long as short
BloFin ZBT-USDT+0.0156%4h0.08556+0.117%$154K$30K50xas long as short