Funding arb · Price arb /

ZBT

all ZBT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.017%

Price spread now: Binance against KuCoin+0.036%7-day average −0.032% · you sell dearer than you buy

Net, funding: paid 7d − costs−$143as in the Funding arb table

Net, price: spread back to 7d avg − costs−$133as in the Price arb table

costs, in and out, $10k−$1401.397% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.033%−$3 on $10k

Price spread, last 7 days−0.046%−$5 · spread now +0.036%, 7d avg −0.032%

Together, before fees−0.079%−$8 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: Binance is 0.067% dearer against KuCoin than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.032%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ZBTUSDTM	0.08407	0.0100	pay 0.0050% / 4h	3h 17m	$730K	$9.3M	50x
Short	Binance ZBTUSDT	0.08410	0.0100	get 0.0050% / 4h	3h 17m	$3.2M	$2.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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

Position, each leg$Hold fordaysFee KuCoinbpFee BinancebpOrdersPrice spread, now +0.036%Rate

Funding earned: $0
Price spread: +0.036% → −0.032%: $6.75
Slippage, 4 orders: −$117.68
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$132.93
Costs to cover: 1.397%
Break-even: never at this rate

Slippage from KuCoin: live order book, 1 min ago; Binance: live order book, 4 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 KuCoin live order book, 1 min ago	1.19 bp	51.7 bp −$52	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 4 min ago	1.78 bp	22.7 bp −$23	80.7 bp −$807	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	0.08405	−0.024%	$7K	$7K	10x	as long as short
BloFin ZBT-USDT	+0.0043%	4h	0.08413	+0.071%	$150K	$21K	50x	as long as short
Aster ZBTUSDT	+0.0100%	4h	0.08409	+0.019%	$9K	$16K	5x	as long as short
Binance ZBTUSDTshort	+0.0100%	4h	0.08410	+0.036%	$3.2M	$2.6M	50x
Bybit ZBTUSDT	+0.0100%	4h	0.08411	+0.048%	$866K	$430K	25x	as long as short
OKX ZBT-USDT-SWAP	+0.0100%	4h	0.08415	+0.095%	$559K	$1.4M	10x	as long as short
MEXC ZBT_USDT	+0.0100%	4h	0.08411	+0.048%	$1.4M	$192K	100x	as long as short
KuCoin ZBTUSDTMlong	+0.0100%	4h	0.08407	long leg	$730K	$9.3M	50x
Bitget ZBTUSDT	+0.0100%	4h	0.08410	+0.036%	$6.0M	$136K	10x	as long as short
BingX ZBT-USDT	+0.0100%	4h	0.08414	+0.083%	—	$1.3M	—	as long as short

Show 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	+0.042%	$897	$453	—	as long as short
Extended ZBT-USD	+0.0104%	1h	0.08411	+0.045%	$945	$114K	5x	as long as short
Gate ZBT_USDT	+0.0363%	8h	0.08414	+0.083%	$537K	$530K	50x	as long as short