Funding arb · Price arb /

ZBT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Variational Omni against Aster−2.215%7-day average — · you buy dearer than you sell

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

Long on Aster Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropAster: Stage 5 · Variational 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: Variational Omni is 2.215% cheaper against Aster than usual: you would sell low and buy high, −$221 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	Aster ZBTUSDT	0.08692	0.0100	pay 0.0050% / 4h	3h 02m	$10K	$22K	5x
Short	Variational Omni ZBT	0.08500	0.0100	get 0.0050% / 4h	3h 02m	$909	$453	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Aster. 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 AsterbpFee Variational OmnibpOrdersPrice spread, now −2.215%Rate

Funding earned: $0
Price spread: −2.215% → 0.000%: −$221.49
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$229.49
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; Variational Omni: no order-book sample. 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 Variational Omni no order-book sample	—	—	—	—	—

Aster and 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	−0.0652%	1h	0.08697	+0.053%	$7K	$1K	10x	as long as short
BloFin ZBT-USDT	+0.0064%	4h	0.08674	−0.208%	$158K	$21K	50x	as long as short
Aster ZBTUSDTlong	+0.0100%	4h	0.08692	long leg	$10K	$22K	5x
Binance ZBTUSDT	+0.0100%	4h	0.08692	0.000%	$3.5M	$3.6M	50x	as long as short
Bybit ZBTUSDT	+0.0100%	4h	0.08677	−0.173%	$895K	$689K	25x	as long as short
OKX ZBT-USDT-SWAP	+0.0100%	4h	0.08692	0.000%	$570K	$1.8M	10x	as long as short
MEXC ZBT_USDT	+0.0100%	4h	0.08704	+0.138%	$1.5M	$211K	100x	as long as short
KuCoin ZBTUSDTM	+0.0100%	4h	0.08693	+0.011%	$762K	$9.4M	50x	as long as short
Bitget ZBTUSDT	+0.0100%	4h	0.08683	−0.104%	$6.2M	$217K	10x	as long as short
BingX ZBT-USDT	+0.0100%	4h	0.08708	+0.184%	—	$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 ZBTshort	+0.0100%	4h	0.08500	−2.215%	$909	$453	—
Extended ZBT-USD	+0.0104%	1h	0.08698	+0.065%	$6K	$186K	5x	as long as short
Gate ZBT_USDT	+0.0272%	8h	0.08700	+0.092%	$557K	$602K	50x	as long as short