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+0.1017%/8h= +111.4% APRnext payment +$1.27 per $10,000 · paid last 24h +0.215%
Price spread now: Extended against Kraken Futures+0.044%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$31 a day on $10k at the current rate, and Extended is 0.044% dearer against Kraken Futures than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_ZBTUSD0.08310−0.0913get 0.0114% / 1h23m 47s$7K$6K10x
ShortExtended ZBT-USD0.083140.0104get 0.0013% / 1h23m 47s$2K$159K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Kraken Futures. 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
$213.59
Price spread: +0.044% → 0.000%
$4.36
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$202.95
Costs to cover
0.150%
Break-even
0.3 days
Slippage unknown: Kraken Futures: no order-book sample; Extended: live order book, 57 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures no order-book sample
Sell Extended live order book, 57 min ago2.34 bp64.5 bp −$64doesn't fitdoesn't fitdoesn't fit
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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_ZBTUSDlong−0.0913%1h0.08310long leg$7K$6K10x
BloFin ZBT-USDT+0.0075%4h0.08315+0.056%$148K$12K50xas long as short
Aster ZBTUSDT+0.0100%4h0.08308−0.027%$11K$16K5xas long as short
Binance ZBTUSDT+0.0100%4h0.08313+0.032%$3.2M$2.5M50xas long as short
Bybit ZBTUSDT+0.0100%4h0.08309−0.016%$865K$424K25xas long as short
OKX ZBT-USDT-SWAP+0.0100%4h0.08307−0.040%$580K$1.3M10xas long as short
Gate ZBT_USDT+0.0100%8h0.08310−0.004%$535K$537K50xas long as short
MEXC ZBT_USDT+0.0100%4h0.08314+0.044%$1.4M$204K100xas long as short
KuCoin ZBTUSDTM+0.0100%4h0.08312+0.020%$713K$9.8M50xas long as short
Bitget ZBTUSDT+0.0100%4h0.08311+0.008%$6.0M$136K10xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ZBT-USDT+0.0100%4h0.08311+0.008%$1.3Mas long as short
Variational Omni ZBT+0.0100%4h0.08311+0.007%$887$453as long as short
Extended ZBT-USDshort+0.0104%1h0.08314+0.044%$2K$159K5x