ZBT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0034%/8h= −3.7% APRnext payment −$0.17 per $10,000 · paid last 24h +0.002%

Price spread now: BloFin against MEXC+0.364%64s7-day average +0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$67as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$690.691% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.020%+$2 on $10k

Price spread, last 4 days (all we have)−0.291%−$29 · spread now +0.364%, 7d avg +0.021%

Together, before fees−0.271%−$27 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.344% dearer against MEXC than usual: you sell high and buy low (spread +0.364% now, against its 7-day average of +0.021%): +$34 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 34 days. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ZBT_USDT	0.08511	0.0100	pay 0.0050% / 4h	3h 06m	$1.4M	$197K	100x
Short	BloFin ZBT-USDT	0.08542	0.0066	get 0.0033% / 4h	3h 06m	$151K	$21K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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 MEXCbpFee BloFinbpOrdersPrice spread, now +0.364%Rate

Funding earned: −$7.09
Price spread: +0.364% → +0.021%: $34.37
Slippage, 4 orders: −$53.07
Fee MEXC: 2 bp × 2 orders: −$4
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$41.79
Costs to cover: 0.691%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; BloFin: live order book, 13 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 MEXC live order book, 5 min ago	1.76 bp	13.1 bp −$13	70.8 bp −$708	201.9 bp −$20.2K	634.5 bp −$317.2K
Sell BloFin live order book, 13 min ago	4.16 bp	21.3 bp −$21	56.1 bp −$561	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	−0.0667%	1h	0.08506	−0.054%	$7K	$1K	10x	as long as short
BloFin ZBT-USDTshort	+0.0066%	4h	0.08542	+0.364%	$151K	$21K	50x
Aster ZBTUSDT	+0.0100%	4h	0.08514	+0.034%	$10K	$18K	5x	as long as short
Binance ZBTUSDT	+0.0100%	4h	0.08502	−0.106%	$3.4M	$3.1M	50x	as long as short
Bybit ZBTUSDT	+0.0100%	4h	0.08496	−0.176%	$859K	$589K	25x	as long as short
OKX ZBT-USDT-SWAP	+0.0100%	4h	0.08493	−0.211%	$553K	$1.6M	10x	as long as short
MEXC ZBT_USDTlong	+0.0100%	4h	0.08511	long leg	$1.4M	$197K	100x
KuCoin ZBTUSDTM	+0.0100%	4h	0.08506	−0.059%	$746K	$9.3M	50x	as long as short
Bitget ZBTUSDT	+0.0100%	4h	0.08509	−0.023%	$6.1M	$206K	10x	as long as short
BingX ZBT-USDT	+0.0100%	4h	0.08503	−0.094%	—	$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	0.08500	−0.135%	$909	$453	—	as long as short
Extended ZBT-USD	+0.0104%	1h	0.08500	−0.134%	$906	$182K	5x	as long as short
Gate ZBT_USDT	+0.0270%	8h	0.08512	+0.012%	$542K	$583K	50x	as long as short