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

ZBT

all ZBT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Bybit+0.027%7-day average −0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$181as in the Funding arb table
Net, price: spread back to 7d avg − costs−$172as in the Price arb table
costs, in and out, $10k−$1821.822% 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)−0.118%−$12 · spread now +0.027%, 7d avg −0.078%
Together, before fees−0.109%+ Points / potential airdropExtended: Active · farm board−$11 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 0.104% dearer against Bybit than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.078%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ZBTUSDT0.083490.0100pay 0.0050% / 4h1h 03m$868K$424K25x
ShortExtended ZBT-USD0.083510.0104get 0.0013% / 1h3m 30s$2K$159K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bybit. 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: +0.027% → −0.078%
$10.45
Slippage, 4 orders
−$166.16
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$170.87
Costs to cover
1.822%
Break-even
1430.9 days
Slippage from Bybit: live order book, 12 min ago; Extended: 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 Bybit live order book, 12 min ago4.80 bp49.0 bp −$49doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 12 min ago2.28 bp61.7 bp −$62doesn'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−0.0910%1h0.08334−0.175%$7K$6K10xas long as short
Aster ZBTUSDT+0.0100%4h0.08344−0.060%$11K$17K5xas long as short
Binance ZBTUSDT+0.0100%4h0.08353+0.048%$3.2M$2.6M50xas long as short
Bybit ZBTUSDTlong+0.0100%4h0.08349long leg$868K$424K25x
OKX ZBT-USDT-SWAP+0.0100%4h0.08353+0.048%$582K$1.3M10xas long as short
Gate ZBT_USDT+0.0100%8h0.083490.000%$536K$543K50xas long as short
MEXC ZBT_USDT+0.0100%4h0.08351+0.024%$1.4M$205K100xas long as short
KuCoin ZBTUSDTM+0.0100%4h0.08352+0.036%$708K$9.8M50xas long as short
Bitget ZBTUSDT+0.0100%4h0.08343−0.072%$6.0M$134K10xas long as short
BingX ZBT-USDT+0.0100%4h0.08354+0.060%$1.3Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZBT+0.0100%4h0.08325−0.289%$888$453as long as short
Extended ZBT-USDshort+0.0104%1h0.08351+0.027%$2K$159K5x
BloFin ZBT-USDT+0.0110%4h0.08328−0.252%$147K$12K50xas long as short