Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Binance−0.084%7-day average +0.103% · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$920.921% of the position
Funding, last 7 days+0.248%+$25 on $10k
+Price spread, last 7 days+0.114%+$11 · spread now −0.084%, 7d avg +0.103%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.187% cheaper against Binance than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of +0.103%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZBTUSDT | 0.08306 | 0.0100 | pay 0.0050% / 4h | 1h 49m | $3.1M | $2.5M | 50x |
| Short | OKX ZBT-USDT-SWAP | 0.08299 | 0.0100 | get 0.0050% / 4h | 1h 49m | $582K | $1.3M | 10x |
Binance ZBTUSDT
OKX ZBT-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Binance. 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
- $0
- Price spread: −0.084% → +0.103%
- −$18.68
- Slippage, 4 orders
- −$72.06
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$110.74
- Costs to cover
- 0.921%
- Break-even
- never at this rate
Slippage from Binance: live order book, 1 min ago; OKX: live order book, 2 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 Binance live order book, 1 min ago | 0.60 bp | 20.3 bp −$20 | 95.5 bp −$955 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 0.60 bp | 21.4 bp −$21 | 280.1 bp −$2,801 | 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 | −0.0913% | 1h | 0.08308 | +0.021% | $7K | $6K | 10x | as long as short |
| BloFin ZBT-USDT | +0.0057% | 4h | 0.08307 | +0.012% | $145K | $12K | 50x | as long as short |
| Aster ZBTUSDT | +0.0100% | 4h | 0.08306 | −0.001% | $11K | $15K | 5x | as long as short |
| Binance ZBTUSDTlong | +0.0100% | 4h | 0.08306 | long leg | $3.1M | $2.5M | 50x | |
| Bybit ZBTUSDT | +0.0100% | 4h | 0.08303 | −0.036% | $864K | $422K | 25x | as long as short |
| OKX ZBT-USDT-SWAPshort | +0.0100% | 4h | 0.08299 | −0.084% | $582K | $1.3M | 10x | |
| Gate ZBT_USDT | +0.0100% | 8h | 0.08306 | 0.000% | $536K | $531K | 50x | as long as short |
| MEXC ZBT_USDT | +0.0100% | 4h | 0.08305 | −0.012% | $1.4M | $201K | 100x | as long as short |
| KuCoin ZBTUSDTM | +0.0100% | 4h | 0.08307 | +0.012% | $713K | $9.8M | 50x | as long as short |
| Bitget ZBTUSDT | +0.0100% | 4h | 0.08304 | −0.024% | $6.0M | $136K | 10x | as long as short |
Kraken Futures PF_ZBTUSD
BloFin ZBT-USDT
Aster ZBTUSDT
Bybit ZBTUSDT
Gate ZBT_USDT
MEXC ZBT_USDT
KuCoin ZBTUSDTM
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 | 0.08303 | −0.036% | — | $1.3M | — | as long as short |
| Variational Omni ZBT | +0.0100% | 4h | 0.08307 | +0.016% | $887 | $453 | — | as long as short |
| Extended ZBT-USD | +0.0104% | 1h | 0.08305 | −0.010% | $2K | $159K | 5x | as long as short |
BingX ZBT-USDT
Variational Omni ZBT
Extended ZBT-USD