Funding arb · Price arb /

ZBT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Variational Omni against BingX+0.098%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on BingX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational 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 0.098% dearer against BingX than usual: you sell high and buy low, +$10 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	BingX ZBT-USDT	0.08601	0.0100	pay 0.0050% / 4h	2h 59m	—	$1.3M	—
Short	Variational Omni ZBT	0.08609	0.0100	get 0.0050% / 4h	2h 59m	$958	$12K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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

Position, each leg$Hold fordaysFee BingXbpFee Variational OmnibpOrdersPrice spread, now +0.098%Rate

Funding earned: $0
Price spread: +0.098% → 0.000%: $9.77
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$0.23
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: BingX: live order book, 7 min ago; 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 BingX live order book, 7 min ago	2.32 bp	20.1 bp −$20	81.0 bp −$810	764.7 bp −$76.5K	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

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	−0.0578%	1h	0.08608	+0.078%	$8K	$3K	10x	as long as short
Aster ZBTUSDT	+0.0100%	4h	0.08603	+0.022%	$9K	$47K	5x	as long as short
Binance ZBTUSDT	+0.0100%	4h	0.08603	+0.022%	$3.5M	$5.6M	50x	as long as short
Bybit ZBTUSDT	+0.0100%	4h	0.08605	+0.047%	$963K	$1.1M	25x	as long as short
OKX ZBT-USDT-SWAP	+0.0100%	4h	0.08597	−0.047%	$631K	$2.3M	10x	as long as short
MEXC ZBT_USDT	+0.0100%	4h	0.08602	+0.012%	$1.7M	$346K	100x	as long as short
KuCoin ZBTUSDTM	+0.0100%	4h	0.08605	+0.047%	$662K	$9.4M	50x	as long as short
Bitget ZBTUSDT	+0.0100%	4h	0.08602	+0.012%	$6.2M	$346K	10x	as long as short
BingX ZBT-USDTlong	+0.0100%	4h	0.08601	long leg	—	$1.3M	—
Variational Omni ZBTshort	+0.0100%	4h	0.08609	+0.098%	$958	$12K	—

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended ZBT-USD	+0.0104%	1h	0.08600	−0.006%	$1K	$199K	5x	as long as short
BloFin ZBT-USDT	+0.0147%	4h	0.08628	+0.314%	$149K	$42K	50x	as long as short
Gate ZBT_USDT	+0.0719%	8h	0.08611	+0.116%	$561K	$726K	50x	as long as short