Funding you earn now, next payment 12:00 UTC−0.0076%/8h= −8.4% APRnext payment −$0.38 per $10,000 · paid last 24h −0.004%
Price spread now: OKX against Aster−0.119%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and OKX is 0.119% cheaper against Aster than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ZBTUSDT | 0.08533 | 0.0100 | pay 0.0050% / 4h | 3h 30m | $9K | $48K | 5x |
| Short | OKX ZBT-USDT-SWAP | 0.08523 | 0.0024 | get 0.0012% / 4h | 3h 30m | $620K | $2.3M | 10x |
Aster ZBTUSDT
OKX ZBT-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Aster. 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
- −$16.05
- Price spread: −0.119% → 0.000%
- −$11.88
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$45.93
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Aster: no order-book sample; OKX: live order book, 1 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 Aster no order-book sample | — | — | — | — | — |
| Sell OKX live order book, 1 min ago | 0.59 bp | 9.6 bp −$10 | 270.4 bp −$2,704 | doesn't fit | doesn't fit |
Aster: 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 | −0.0657% | 1h | 0.08524 | −0.103% | $8K | $3K | 10x | as long as short |
| KuCoin ZBTUSDTM | +0.0008% | 4h | 0.08530 | −0.037% | $638K | $9.5M | 50x | as long as short |
| OKX ZBT-USDT-SWAPshort | +0.0024% | 4h | 0.08523 | −0.119% | $620K | $2.3M | 10x | |
| BloFin ZBT-USDT | +0.0070% | 4h | 0.08535 | +0.022% | $150K | $42K | 50x | as long as short |
| Aster ZBTUSDTlong | +0.0100% | 4h | 0.08533 | long leg | $9K | $48K | 5x | |
| Binance ZBTUSDT | +0.0100% | 4h | 0.08531 | −0.025% | $3.5M | $5.5M | 50x | as long as short |
| Bybit ZBTUSDT | +0.0100% | 4h | 0.08537 | +0.045% | $933K | $1.1M | 25x | as long as short |
| Gate ZBT_USDT | +0.0100% | 8h | 0.08535 | +0.022% | $556K | $741K | 50x | as long as short |
| MEXC ZBT_USDT | +0.0100% | 4h | 0.08531 | −0.025% | $1.7M | $350K | 100x | as long as short |
| Bitget ZBTUSDT | +0.0100% | 4h | 0.08530 | −0.037% | $6.1M | $339K | 10x | as long as short |
Kraken Futures PF_ZBTUSD
KuCoin ZBTUSDTM
BloFin ZBT-USDT
Binance ZBTUSDT
Bybit ZBTUSDT
Gate ZBT_USDT
MEXC ZBT_USDT
Bitget ZBTUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ZBT-USDT | +0.0100% | 4h | 0.08530 | −0.037% | — | $1.3M | — | as long as short |
| Variational Omni ZBT | +0.0100% | 4h | 0.08536 | +0.029% | $1K | $12K | — | as long as short |
| Extended ZBT-USD | +0.0104% | 1h | 0.08527 | −0.073% | $3K | $200K | 5x | as long as short |
BingX ZBT-USDT
Variational Omni ZBT
Extended ZBT-USD