Settings8H · net · $10k
Funding arb · Price arb /

ZBT

all ZBT markets
SwapBacktest
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: Bitget against BingX−0.046%7-day average −0.094% · you buy dearer than you sell
Net, funding: paid 7d − costs−$289as in the Funding arb table
Net, price: spread back to 7d avg − costs−$260as in the Price arb table
costs, in and out, $10k−$2652.652% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.234%−$23 on $10k
Price spread, last 7 days−0.102%−$10 · spread now −0.046%, 7d avg −0.094%
Together, before fees−0.336%−$34 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.048% dearer against BingX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.094%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ZBT-USDT0.086650.0100pay 0.0050% / 4h3h 01m$1.3M
ShortBitget ZBTUSDT0.086610.0100get 0.0050% / 4h3h 01m$6.2M$217K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BingX. 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

Funding earned
$0
Price spread: −0.046% → −0.094%
$4.79
Slippage, 4 orders
−$243.2
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$260.41
Costs to cover
2.652%
Break-even
never at this rate
Slippage from BingX: live order book, 14 min ago; Bitget: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 14 min ago2.97 bp22.1 bp −$2274.0 bp −$740690.2 bp −$69.0K1234.2 bp −$617.1K
Sell Bitget live order book, 1 min ago5.19 bp93.7 bp −$94doesn't fitdoesn't fitdoesn't fit

ZBT on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZBTUSD−0.0652%1h0.08697+0.365%$7K$1K10xas long as short
BloFin ZBT-USDT+0.0064%4h0.08674+0.104%$158K$21K50xas long as short
Aster ZBTUSDT+0.0100%4h0.08684+0.218%$10K$22K5xas long as short
Binance ZBTUSDT+0.0100%4h0.08668+0.037%$3.5M$3.6M50xas long as short
Bybit ZBTUSDT+0.0100%4h0.08666+0.012%$895K$697K25xas long as short
OKX ZBT-USDT-SWAP+0.0100%4h0.08651−0.162%$565K$1.8M10xas long as short
MEXC ZBT_USDT+0.0100%4h0.08684+0.219%$1.5M$215K100xas long as short
KuCoin ZBTUSDTM+0.0100%4h0.08683+0.208%$761K$9.4M50xas long as short
Bitget ZBTUSDTshort+0.0100%4h0.08661−0.046%$6.2M$217K10x
BingX ZBT-USDTlong+0.0100%4h0.08665long leg$1.3M
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZBT+0.0100%4h0.08500−1.910%$909$453as long as short
Extended ZBT-USD+0.0104%1h0.08681+0.185%$6K$186K5xas long as short
Gate ZBT_USDT+0.0272%8h0.08683+0.208%$555K$609K50xas long as short