Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bybit+0.059%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1341.341% of the position
Funding, last 7 days+0.248%+$25 on $10k
+Price spread, last 4 days (all we have)+0.082%+$8 · spread now +0.059%, 7d avg +0.043%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ZBTUSDT | 0.08406 | 0.0100 | pay 0.0050% / 4h | 3h 18m | $865K | $430K | 25x |
| Short | OKX ZBT-USDT-SWAP | 0.08411 | 0.0100 | get 0.0050% / 4h | 3h 18m | $559K | $1.4M | 10x |
Bybit ZBTUSDT
OKX ZBT-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.059% → +0.043%
- $1.69
- Slippage, 4 orders
- −$113.07
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$132.38
- Costs to cover
- 1.341%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 32 min ago; OKX: live order book, 3 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, 32 min ago | 4.16 bp | 42.6 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 0.59 bp | 29.8 bp −$30 | 260.0 bp −$2,600 | 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 | −0.0675% | 1h | 0.08401 | −0.055% | $7K | $7K | 10x | as long as short |
| BloFin ZBT-USDT | +0.0086% | 4h | 0.08412 | +0.071% | $149K | $21K | 50x | as long as short |
| Aster ZBTUSDT | +0.0100% | 4h | 0.08404 | −0.024% | $9K | $16K | 5x | as long as short |
| Binance ZBTUSDT | +0.0100% | 4h | 0.08406 | +0.004% | $3.2M | $2.6M | 50x | as long as short |
| Bybit ZBTUSDTlong | +0.0100% | 4h | 0.08406 | long leg | $865K | $430K | 25x | |
| OKX ZBT-USDT-SWAPshort | +0.0100% | 4h | 0.08411 | +0.059% | $559K | $1.4M | 10x | |
| MEXC ZBT_USDT | +0.0100% | 4h | 0.08406 | 0.000% | $1.4M | $192K | 100x | as long as short |
| KuCoin ZBTUSDTM | +0.0100% | 4h | 0.08403 | −0.036% | $729K | $9.3M | 50x | as long as short |
| Bitget ZBTUSDT | +0.0100% | 4h | 0.08402 | −0.048% | $6.0M | $136K | 10x | as long as short |
| BingX ZBT-USDT | +0.0100% | 4h | 0.08408 | +0.024% | — | $1.3M | — | as long as short |
Kraken Futures PF_ZBTUSD
BloFin ZBT-USDT
Aster ZBTUSDT
Binance ZBTUSDT
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 | 0.08411 | +0.054% | $897 | $453 | — | as long as short |
| Extended ZBT-USD | +0.0104% | 1h | 0.08404 | −0.029% | $945 | $114K | 5x | as long as short |
| Gate ZBT_USDT | +0.0360% | 8h | 0.08406 | 0.000% | $536K | $530K | 50x | as long as short |
Variational Omni ZBT
Extended ZBT-USD
Gate ZBT_USDT