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

ZBT

all ZBT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Bitget+0.036%7-day average +0.094% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1061.063% 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+0.048%+$5 · spread now +0.036%, 7d avg +0.094%
Together, before fees+0.282%+$28 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: BingX is 0.058% cheaper against Bitget than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.094%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ZBTUSDT0.084110.0100pay 0.0050% / 4h2h 02m$6.1M$140K10x
ShortBingX ZBT-USDT0.084140.0100get 0.0050% / 4h2h 02m$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bitget. 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: +0.036% → +0.094%
−$5.84
Slippage, 4 orders
−$84.28
Fee Bitget: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$112.12
Costs to cover
1.063%
Break-even
never at this rate
Slippage from Bitget: live order book, 5 min ago; BingX: live order book, 12 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 Bitget live order book, 5 min ago2.97 bp25.5 bp −$25112.3 bp −$1,123doesn't fitdoesn't fit
Sell BingX live order book, 12 min ago2.37 bp20.8 bp −$2174.9 bp −$749469.3 bp −$46.9K1032.9 bp −$516.4K

ZBT on 12 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−0.0473%1h0.08414+0.036%$7K$7K10xas long as short
Aster ZBTUSDT+0.0100%4h0.08412+0.012%$10K$15K5xas long as short
Binance ZBTUSDT+0.0100%4h0.08416+0.059%$3.2M$2.6M50xas long as short
Bybit ZBTUSDT+0.0100%4h0.08412+0.012%$863K$439K25xas long as short
OKX ZBT-USDT-SWAP+0.0100%4h0.08413+0.024%$560K$1.4M10xas long as short
MEXC ZBT_USDT+0.0100%4h0.08417+0.071%$1.4M$202K100xas long as short
KuCoin ZBTUSDTM+0.0100%4h0.08412+0.012%$744K$9.8M50xas long as short
Bitget ZBTUSDTlong+0.0100%4h0.08411long leg$6.1M$140K10x
BingX ZBT-USDTshort+0.0100%4h0.08414+0.036%$1.3M
Variational Omni ZBT+0.0100%4h0.084110.000%$897$453as long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended ZBT-USD+0.0104%1h0.08415+0.053%$2K$119K5xas long as short
Gate ZBT_USDT+0.0363%8h0.08414+0.036%$542K$558K50xas long as short