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

ZBT

all ZBT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Bitget+0.036%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1501.505% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.008%+$1 on $10k
Price spread, last 4 days (all we have)−0.069%−$7 · spread now +0.036%, 7d avg −0.004%
Together, before fees−0.060%+ Points / potential airdropExtended: Active · farm board−$6 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: Extended is 0.040% dearer against Bitget than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ZBTUSDT0.086410.0100pay 0.0050% / 4h1h 04m$6.2M$321K10x
ShortExtended ZBT-USD0.086440.0104get 0.0013% / 1h4m 35s$6K$178K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: +0.036% → −0.004%
$3.99
Slippage, 4 orders
−$133.46
Fee Bitget: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$145.63
Costs to cover
1.505%
Break-even
1220.6 days
Slippage from Bitget: live order book, 4 min ago; Extended: live order book, 37 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, 4 min ago5.19 bp21.6 bp −$22121.9 bp −$1,219doesn't fitdoesn't fit
Sell Extended live order book, 37 min ago2.77 bp57.2 bp −$57doesn't fitdoesn'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−0.1268%1h0.08644+0.034%$7K$1K10xas long as short
OKX ZBT-USDT-SWAP−0.0006%4h0.08631−0.116%$627K$2.2M10xas long as short
KuCoin ZBTUSDTM+0.0070%4h0.08644+0.035%$643K$9.4M50xas long as short
BloFin ZBT-USDT+0.0086%4h0.08645+0.046%$155K$42K50xas long as short
Aster ZBTUSDT+0.0100%4h0.08651+0.116%$10K$43K5xas long as short
Binance ZBTUSDT+0.0100%4h0.08647+0.065%$3.6M$5.1M50xas long as short
Bybit ZBTUSDT+0.0100%4h0.08644+0.035%$940K$978K25xas long as short
Gate ZBT_USDT+0.0100%8h0.08651+0.116%$553K$699K50xas long as short
MEXC ZBT_USDT+0.0100%4h0.08642+0.012%$1.6M$310K100xas long as short
Bitget ZBTUSDTlong+0.0100%4h0.08641long leg$6.2M$321K10x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ZBT-USDT+0.0100%4h0.08637−0.046%$1.3Mas long as short
Variational Omni ZBT+0.0100%4h0.08642+0.011%$1K$13Kas long as short
Extended ZBT-USDshort+0.0104%1h0.08644+0.036%$6K$178K5x