Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit+0.048%7-day average −0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$138as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1381.385% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.106%−$11 · spread now +0.048%, 7d avg −0.051%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.099% dearer against Bybit than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.051%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ZBTUSDT | 0.08323 | 0.0100 | pay 0.0050% / 4h | 1h 07m | $866K | $424K | 25x |
| Short | Binance ZBTUSDT | 0.08327 | 0.0100 | get 0.0050% / 4h | 1h 07m | $3.2M | $2.6M | 50x |
Bybit ZBTUSDT
Binance ZBTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.048% → −0.051%
- $9.87
- Slippage, 4 orders
- −$117.48
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$128.62
- Costs to cover
- 1.385%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 8 min ago; Binance: live order book, 14 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 Bybit live order book, 8 min ago | 4.80 bp | 49.0 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 1.20 bp | 23.7 bp −$24 | 80.9 bp −$809 | doesn't fit | doesn't fit |
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 | −0.0912% | 1h | 0.08320 | −0.033% | $7K | $6K | 10x | as long as short |
| Aster ZBTUSDT | +0.0100% | 4h | 0.08320 | −0.033% | $11K | $16K | 5x | as long as short |
| Binance ZBTUSDTshort | +0.0100% | 4h | 0.08327 | +0.048% | $3.2M | $2.6M | 50x | |
| Bybit ZBTUSDTlong | +0.0100% | 4h | 0.08323 | long leg | $866K | $424K | 25x | |
| OKX ZBT-USDT-SWAP | +0.0100% | 4h | 0.08322 | −0.012% | $580K | $1.3M | 10x | as long as short |
| Gate ZBT_USDT | +0.0100% | 8h | 0.08327 | +0.048% | $536K | $540K | 50x | as long as short |
| MEXC ZBT_USDT | +0.0100% | 4h | 0.08326 | +0.036% | $1.4M | $205K | 100x | as long as short |
| KuCoin ZBTUSDTM | +0.0100% | 4h | 0.08325 | +0.024% | $709K | $9.8M | 50x | as long as short |
| Bitget ZBTUSDT | +0.0100% | 4h | 0.08320 | −0.036% | $6.0M | $134K | 10x | as long as short |
| BingX ZBT-USDT | +0.0100% | 4h | 0.08324 | +0.012% | — | $1.3M | — | as long as short |
Kraken Futures PF_ZBTUSD
Aster ZBTUSDT
OKX ZBT-USDT-SWAP
Gate ZBT_USDT
MEXC ZBT_USDT
KuCoin ZBTUSDTM
Bitget ZBTUSDT
BingX ZBT-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ZBT | +0.0100% | 4h | 0.08322 | −0.007% | $888 | $453 | — | as long as short |
| Extended ZBT-USD | +0.0104% | 1h | 0.08321 | −0.020% | $2K | $159K | 5x | as long as short |
| BloFin ZBT-USDT | +0.0147% | 4h | 0.08322 | −0.012% | $148K | $12K | 50x | as long as short |
Variational Omni ZBT
Extended ZBT-USD
BloFin ZBT-USDT