Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against Gate+0.023%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$170as in the Funding arb table
Net, price: spread back to 7d avg − costs−$165as in the Price arb table
costs, in and out, $10k−$1681.682% of the position
Funding, last 7 days−0.016%−$2 on $10k
+Price spread, last 4 days (all we have)+0.110%+$11 · spread now +0.023%, 7d avg −0.009%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.032% dearer against Gate than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ZBT_USDT | 0.08638 | 0.0100 | pay 0.0100% / 8h | 7h 47m | $565K | $728K | 50x |
| Short | Bybit ZBTUSDT | 0.08640 | 0.0100 | get 0.0050% / 4h | 3h 47m | $948K | $1.1M | 25x |
Gate ZBT_USDT
Bybit ZBTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Gate. 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: +0.023% → −0.009%
- $3.2
- Slippage, 4 orders
- −$142.24
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$165.04
- Costs to cover
- 1.682%
- Break-even
- never at this rate
Slippage from Gate: live order book, 49 min ago; Bybit: 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 Gate live order book, 49 min ago | 4.61 bp | 54.7 bp −$55 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 2.89 bp | 31.8 bp −$32 | 550.1 bp −$5,501 | 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 | −0.0649% | 1h | 0.08631 | −0.077% | $8K | $3K | 10x | as long as short |
| KuCoin ZBTUSDTM | −0.0070% | 4h | 0.08637 | −0.012% | $632K | $9.4M | 50x | as long as short |
| OKX ZBT-USDT-SWAP | −0.0010% | 4h | 0.08628 | −0.116% | $633K | $2.3M | 10x | as long as short |
| Aster ZBTUSDT | +0.0100% | 4h | 0.08634 | −0.041% | $9K | $48K | 5x | as long as short |
| Binance ZBTUSDT | +0.0100% | 4h | 0.08640 | +0.023% | $3.6M | $5.4M | 50x | as long as short |
| Bybit ZBTUSDTshort | +0.0100% | 4h | 0.08640 | +0.023% | $948K | $1.1M | 25x | |
| Gate ZBT_USDTlong | +0.0100% | 8h | 0.08638 | long leg | $565K | $728K | 50x | |
| MEXC ZBT_USDT | +0.0100% | 4h | 0.08639 | +0.012% | $1.7M | $341K | 100x | as long as short |
| Bitget ZBTUSDT | +0.0100% | 4h | 0.08640 | +0.023% | $6.2M | $335K | 10x | as long as short |
| BingX ZBT-USDT | +0.0100% | 4h | 0.08636 | −0.023% | — | $1.3M | — | as long as short |
Kraken Futures PF_ZBTUSD
KuCoin ZBTUSDTM
OKX ZBT-USDT-SWAP
Aster ZBTUSDT
Binance ZBTUSDT
MEXC ZBT_USDT
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 | 0.08666 | +0.319% | $1K | $13K | — | as long as short |
| Extended ZBT-USD | +0.0104% | 1h | 0.08633 | −0.062% | $3K | $204K | 5x | as long as short |
| BloFin ZBT-USDT | +0.0159% | 4h | 0.08657 | +0.220% | $152K | $42K | 50x | as long as short |
Variational Omni ZBT
Extended ZBT-USD
BloFin ZBT-USDT