Funding you earn now, next payment 00:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.16 per $10,000 · paid last 24h +0.004%
Price spread now: BloFin against Bybit−0.048%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$147as in the Price arb table
costs, in and out, $10k−$1451.450% of the position
Funding, last 7 days+0.015%+$2 on $10k
+Price spread, last 3 days (all we have)+0.032%+$3 · spread now −0.048%, 7d avg −0.030%
=The price spread sits at its 7-day average of −0.030%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ZBTUSDT | 0.08318 | 0.0100 | pay 0.0050% / 4h | 1h 45m | $865K | $422K | 25x |
| Short | BloFin ZBT-USDT | 0.08314 | 0.0132 | get 0.0066% / 4h | 1h 45m | $147K | $12K | 50x |
Bybit ZBTUSDT
BloFin ZBT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $6.73
- Price spread: −0.048% → −0.030%
- −$1.76
- Slippage, 4 orders
- −$121.97
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$140
- Costs to cover
- 1.450%
- Break-even
- 152.6 days
Slippage from Bybit: live order book, 35 min ago; BloFin: live order book, 28 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, 35 min ago | 4.80 bp | 53.5 bp −$54 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 28 min ago | 0.60 bp | 14.9 bp −$15 | 50.5 bp −$505 | 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 | −0.0913% | 1h | 0.08308 | −0.121% | $7K | $6K | 10x | as long as short |
| Aster ZBTUSDT | +0.0100% | 4h | 0.08317 | −0.011% | $11K | $15K | 5x | as long as short |
| Binance ZBTUSDT | +0.0100% | 4h | 0.08317 | −0.014% | $3.2M | $2.5M | 50x | as long as short |
| Bybit ZBTUSDTlong | +0.0100% | 4h | 0.08318 | long leg | $865K | $422K | 25x | |
| OKX ZBT-USDT-SWAP | +0.0100% | 4h | 0.08315 | −0.036% | $583K | $1.3M | 10x | as long as short |
| Gate ZBT_USDT | +0.0100% | 8h | 0.08317 | −0.012% | $536K | $532K | 50x | as long as short |
| MEXC ZBT_USDT | +0.0100% | 4h | 0.08314 | −0.048% | $1.4M | $201K | 100x | as long as short |
| KuCoin ZBTUSDTM | +0.0100% | 4h | 0.08316 | −0.024% | $715K | $9.8M | 50x | as long as short |
| Bitget ZBTUSDT | +0.0100% | 4h | 0.08318 | 0.000% | $6.0M | $136K | 10x | as long as short |
| BingX ZBT-USDT | +0.0100% | 4h | 0.08315 | −0.036% | — | $1.3M | — | as long as short |
Kraken Futures PF_ZBTUSD
Aster ZBTUSDT
Binance 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 | 0.08305 | −0.160% | $886 | $453 | — | as long as short |
| Extended ZBT-USD | +0.0104% | 1h | 0.08315 | −0.034% | $2K | $159K | 5x | as long as short |
| BloFin ZBT-USDTshort | +0.0132% | 4h | 0.08314 | −0.048% | $147K | $12K | 50x |
Variational Omni ZBT
Extended ZBT-USD