ZBT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0017%/8h= +1.9% APRnext payment +$0.09 per $10,000 · paid last 24h −0.002%

Price spread now: BingX against BloFin−0.023%7-day average +0.023% · you buy dearer than you sell

Net, funding: paid 7d − costs−$55as in the Funding arb table

Net, price: spread back to 7d avg − costs−$81as in the Price arb table

costs, in and out, $10k−$770.766% of the position

Long on BloFin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.214%+$21 on $10k

Price spread, last 4 days (all we have)+0.047%+$5 · spread now −0.023%, 7d avg +0.023%

Together, before fees+0.261%+$26 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.046% cheaper against BloFin than usual: you would sell low and buy high (spread −0.023% now, against its 7-day average of +0.023%). If the spread goes back, that is −$5 on $10k: about 9.0 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.214% in total) that is about 36 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ZBT-USDT	0.08661	0.0083	pay 0.0041% / 4h	1h 10m	$155K	$42K	50x
Short	BingX ZBT-USDT	0.08659	0.0100	get 0.0050% / 4h	1h 10m	—	$1.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against BloFin. 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 BloFinbpFee BingXbpOrdersPrice spread, now −0.023%Rate

Funding earned: $3.57
Price spread: −0.023% → +0.023%: −$4.61
Slippage, 4 orders: −$54.56
Fee BloFin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$77.6
Costs to cover: 0.766%
Break-even: 159.1 days

Slippage from BloFin: live order book, 64 min ago; BingX: live order book, 4 min ago.

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 BloFin live order book, 64 min ago	0.59 bp	13.8 bp −$14	65.8 bp −$658	doesn't fit	doesn't fit
Sell BingX live order book, 4 min ago	3.47 bp	20.9 bp −$21	68.4 bp −$684	564.0 bp −$56.4K	1246.5 bp −$623.3K

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	−0.1265%	1h	0.08665	+0.042%	$7K	$1K	10x	as long as short
OKX ZBT-USDT-SWAP	+0.0032%	4h	0.08650	−0.127%	$628K	$2.2M	10x	as long as short
BloFin ZBT-USDTlong	+0.0083%	4h	0.08661	long leg	$155K	$42K	50x
Aster ZBTUSDT	+0.0100%	4h	0.08663	+0.025%	$10K	$42K	5x	as long as short
Binance ZBTUSDT	+0.0100%	4h	0.08667	+0.064%	$3.6M	$5.1M	50x	as long as short
Bybit ZBTUSDT	+0.0100%	4h	0.08670	+0.104%	$938K	$974K	25x	as long as short
Gate ZBT_USDT	+0.0100%	8h	0.08667	+0.069%	$555K	$695K	50x	as long as short
MEXC ZBT_USDT	+0.0100%	4h	0.08665	+0.046%	$1.6M	$307K	100x	as long as short
KuCoin ZBTUSDTM	+0.0100%	4h	0.08661	0.000%	$648K	$9.4M	50x	as long as short
Bitget ZBTUSDT	+0.0100%	4h	0.08661	0.000%	$6.2M	$319K	10x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ZBT-USDTshort	+0.0100%	4h	0.08659	−0.023%	—	$1.3M	—
Variational Omni ZBT	+0.0100%	4h	0.08664	+0.033%	$1K	$13K	—	as long as short
Extended ZBT-USD	+0.0104%	1h	0.08666	+0.055%	$921	$172K	5x	as long as short