Funding arb · Price arb /

ZBT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC0.0000%/8hpaid last 24h 0.000%

Price spread now: Gate against Variational Omni+0.049%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Gate

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.049% dearer against Variational Omni than usual: you sell high and buy low, +$5 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni ZBT	0.08296	0.0100	pay 0.0050% / 4h	6m 33s	$883	$452	—
Short	Gate ZBT_USDT	0.08300	0.0100	get 0.0100% / 8h	4h 06m	$539K	$543K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpFee GatebpOrdersPrice spread, now +0.049%Rate

Funding earned: $0
Price spread: +0.049% → 0.000%: $4.87
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$10.13
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Variational Omni: no order-book sample; Gate: live order book, 23 min ago. Net counts fees only.

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 Variational Omni no order-book sample	—	—	—	—	—
Sell Gate live order book, 23 min ago	6.66 bp	44.9 bp −$45	doesn't fit	doesn't fit	doesn't fit

Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0876%	1h	0.08290	−0.070%	$7K	$6K	10x	as long as short
Aster ZBTUSDT	+0.0100%	4h	0.08293	−0.041%	$11K	$15K	5x	as long as short
Binance ZBTUSDT	+0.0100%	4h	0.08294	−0.024%	$3.1M	$2.6M	50x	as long as short
Bybit ZBTUSDT	+0.0100%	4h	0.08299	+0.037%	$862K	$420K	25x	as long as short
OKX ZBT-USDT-SWAP	+0.0100%	4h	0.08294	−0.024%	$596K	$1.3M	10x	as long as short
Gate ZBT_USDTshort	+0.0100%	8h	0.08300	+0.049%	$539K	$543K	50x
MEXC ZBT_USDT	+0.0100%	4h	0.08295	−0.012%	$1.4M	$216K	100x	as long as short
KuCoin ZBTUSDTM	+0.0100%	4h	0.08298	+0.025%	$696K	$9.7M	50x	as long as short
Bitget ZBTUSDT	+0.0100%	4h	0.08285	−0.132%	$6.0M	$130K	10x	as long as short
BingX ZBT-USDT	+0.0100%	4h	0.08295	−0.012%	—	$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 ZBTlong	+0.0100%	4h	0.08296	long leg	$883	$452	—
Extended ZBT-USD	+0.0104%	1h	0.08293	−0.034%	$2K	$159K	5x	as long as short
BloFin ZBT-USDT	+0.0158%	4h	0.08300	+0.049%	$150K	$4K	50x	as long as short