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

ZBT

all ZBT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.018%
Price spread now: Gate against KuCoin−0.024%7-day average +0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$186as in the Funding arb table
Net, price: spread back to 7d avg − costs−$190as in the Price arb table
costs, in and out, $10k−$1851.847% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.017%−$2 on $10k
Price spread, last 4 days (all we have)+0.073%+$7 · spread now −0.024%, 7d avg +0.032%
Together, before fees+0.056%+$6 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: Gate is 0.056% cheaper against KuCoin than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.032%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ZBTUSDTM0.083740.0100pay 0.0050% / 4h41m 52s$717K$9.8M50x
ShortGate ZBT_USDT0.083720.0100get 0.0100% / 8h41m 52s$539K$540K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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

Funding earned
$0
Price spread: −0.024% → +0.032%
−$5.61
Slippage, 4 orders
−$157.67
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$190.28
Costs to cover
1.847%
Break-even
never at this rate
Slippage from KuCoin: live order book, 1 min ago; Gate: live order book, 34 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 KuCoin live order book, 1 min ago1.19 bp51.9 bp −$52doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 34 min ago5.40 bp39.7 bp −$40doesn'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−0.0603%1h0.08366−0.090%$7K$6K10xas long as short
BloFin ZBT-USDT+0.0093%4h0.08376+0.024%$147K$12K50xas long as short
Aster ZBTUSDT+0.0100%4h0.08376+0.019%$10K$16K5xas long as short
Binance ZBTUSDT+0.0100%4h0.08367−0.084%$3.2M$2.6M50xas long as short
Bybit ZBTUSDT+0.0100%4h0.08372−0.024%$872K$434K25xas long as short
OKX ZBT-USDT-SWAP+0.0100%4h0.08354−0.239%$575K$1.3M10xas long as short
Gate ZBT_USDTshort+0.0100%8h0.08372−0.024%$539K$540K50x
MEXC ZBT_USDT+0.0100%4h0.08370−0.048%$1.4M$196K100xas long as short
KuCoin ZBTUSDTMlong+0.0100%4h0.08374long leg$717K$9.8M50x
Bitget ZBTUSDT+0.0100%4h0.083740.000%$6.0M$139K10xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ZBT-USDT+0.0100%4h0.08368−0.072%$1.3Mas long as short
Variational Omni ZBT+0.0100%4h0.08385+0.137%$894$453as long as short
Extended ZBT-USD+0.0104%1h0.08367−0.079%$2K$159K5xas long as short