Funding you earn now, next payment 04:00 UTC+0.0175%/8h= +19.2% APRpaid last 24h 0.000%
Price spread now: Gate against OKX+0.036%7-day average −0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1381.376% of the position
Funding, last 7 days−0.232%−$23 on $10k
+Price spread, last 4 days (all we have)−0.447%−$45 · spread now +0.036%, 7d avg −0.038%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Gate is 0.074% dearer against OKX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.038%. Mind the row above: over the last 7 days funding on this pair cost −0.232%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ZBT-USDT-SWAP | 0.08369 | 0.0100 | pay 0.0050% / 4h | 1h 05m | $551K | $1.4M | 10x |
| Short | Gate ZBT_USDT | 0.08372 | 0.0275 | get 0.0275% / 8h | 5h 05m | $537K | $549K | 50x |
OKX ZBT-USDT-SWAP
Gate ZBT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against OKX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $36.75
- Price spread: +0.036% → −0.038%
- $7.37
- Slippage, 4 orders
- −$112.57
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$93.45
- Costs to cover
- 1.376%
- Break-even
- 24.8 days
Slippage from OKX: live order book, 1 min ago; Gate: live order book, 56 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, 1 min ago | 0.60 bp | 31.6 bp −$32 | 213.7 bp −$2,137 | doesn't fit | doesn't fit |
| Sell Gate live order book, 56 min ago | 2.97 bp | 39.8 bp −$40 | doesn't fit | 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 | −0.0535% | 1h | 0.08371 | +0.024% | $7K | $7K | 10x | as long as short |
| BloFin ZBT-USDT | +0.0064% | 4h | 0.08383 | +0.167% | $149K | $20K | 50x | as long as short |
| Aster ZBTUSDT | +0.0100% | 4h | 0.08378 | +0.102% | $10K | $15K | 5x | as long as short |
| Binance ZBTUSDT | +0.0100% | 4h | 0.08378 | +0.104% | $3.2M | $2.6M | 50x | as long as short |
| Bybit ZBTUSDT | +0.0100% | 4h | 0.08373 | +0.048% | $858K | $427K | 25x | as long as short |
| OKX ZBT-USDT-SWAPlong | +0.0100% | 4h | 0.08369 | long leg | $551K | $1.4M | 10x | |
| MEXC ZBT_USDT | +0.0100% | 4h | 0.08377 | +0.096% | $1.4M | $201K | 100x | as long as short |
| KuCoin ZBTUSDTM | +0.0100% | 4h | 0.08376 | +0.084% | $733K | $9.6M | 50x | as long as short |
| Bitget ZBTUSDT | +0.0100% | 4h | 0.08377 | +0.096% | $6.0M | $130K | 10x | as long as short |
| BingX ZBT-USDT | +0.0100% | 4h | 0.08375 | +0.072% | — | $1.3M | — | as long as short |
Kraken Futures PF_ZBTUSD
BloFin ZBT-USDT
Aster ZBTUSDT
Binance ZBTUSDT
Bybit ZBTUSDT
MEXC ZBT_USDT
KuCoin ZBTUSDTM
Bitget ZBTUSDT
BingX ZBT-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ZBT | +0.0100% | 4h | 0.08368 | −0.014% | $894 | $453 | — | as long as short |
| Extended ZBT-USD | +0.0104% | 1h | 0.08375 | +0.076% | $4K | $116K | 5x | as long as short |
| Gate ZBT_USDTshort | +0.0275% | 8h | 0.08372 | +0.036% | $537K | $549K | 50x |
Variational Omni ZBT
Extended ZBT-USD