ZBT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0143%/8h= +15.7% APRnext payment +$0.72 per $10,000 · paid last 24h +0.002%

Price spread now: BloFin against OKX+0.081%73s7-day average −0.064% · you sell dearer than you buy

Net, funding: paid 7d − costs−$103as 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−$810.806% of the position

Long on OKX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.228%−$23 on $10k

Price spread, last 4 days (all we have)−0.200%−$20 · spread now +0.081%, 7d avg −0.064%

Together, before fees−0.428%−$43 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.145% dearer against OKX than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.064%. Mind the row above: over the last 7 days funding on this pair cost −0.228%, so the current rate has only just turned in your favour. The two prices were read 73 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	OKX ZBT-USDT-SWAP	0.08633	−0.0051	get 0.0025% / 4h	57m 55s	$630K	$2.2M	10x
Short	BloFin ZBT-USDT	0.08640	0.0092	get 0.0046% / 4h	57m 55s	$155K	$42K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against OKX. 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 OKXbpFee BloFinbpOrdersPrice spread, now +0.081%Rate

Funding earned: $30.08
Price spread: +0.081% → −0.064%: $14.54
Slippage, 4 orders: −$58.56
Fee OKX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$35.94
Costs to cover: 0.806%
Break-even: 15.4 days

Slippage from OKX: live order book, 4 min ago; BloFin: live order book, 12 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 OKX live order book, 4 min ago	0.58 bp	13.4 bp −$13	250.9 bp −$2,509	doesn't fit	doesn't fit
Sell BloFin live order book, 12 min ago	1.73 bp	17.2 bp −$17	50.9 bp −$509	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	−0.1243%	1h	0.08651	+0.208%	$7K	$1K	10x	as long as short
OKX ZBT-USDT-SWAPlong	−0.0051%	4h	0.08633	long leg	$630K	$2.2M	10x
KuCoin ZBTUSDTM	+0.0018%	4h	0.08637	+0.046%	$644K	$9.4M	50x	as long as short
BloFin ZBT-USDTshort	+0.0092%	4h	0.08640	+0.081%	$155K	$42K	50x
Aster ZBTUSDT	+0.0100%	4h	0.08642	+0.099%	$10K	$43K	5x	as long as short
Binance ZBTUSDT	+0.0100%	4h	0.08646	+0.152%	$3.6M	$5.2M	50x	as long as short
Bybit ZBTUSDT	+0.0100%	4h	0.08644	+0.127%	$932K	$989K	25x	as long as short
Gate ZBT_USDT	+0.0100%	8h	0.08643	+0.116%	$556K	$695K	50x	as long as short
MEXC ZBT_USDT	+0.0100%	4h	0.08640	+0.081%	$1.6M	$296K	100x	as long as short
Bitget ZBTUSDT	+0.0100%	4h	0.08641	+0.093%	$6.2M	$322K	10x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ZBT-USDT	+0.0100%	4h	0.08642	+0.104%	—	$1.3M	—	as long as short
Variational Omni ZBT	+0.0100%	4h	0.08624	−0.099%	$1K	$13K	—	as long as short
Extended ZBT-USD	+0.0104%	1h	0.08644	+0.124%	$6K	$178K	5x	as long as short