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

ZBT

all ZBT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.018%
Price spread now: KuCoin against BingX+0.036%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1301.301% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.201%−$20 on $10k
Price spread, last 7 days+0.022%+$2 · spread now +0.036%, 7d avg −0.004%
Together, before fees−0.179%−$18 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: KuCoin is 0.040% dearer against BingX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ZBT-USDT0.083720.0100pay 0.0050% / 4h3h 52m$1.3M
ShortKuCoin ZBTUSDTM0.083750.0100get 0.0050% / 4h3h 52m$740K$9.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.036% → −0.004%
$3.96
Slippage, 4 orders
−$108.07
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$126.11
Costs to cover
1.301%
Break-even
never at this rate
Slippage from BingX: live order book, 13 min ago; KuCoin: live order book, 6 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, 13 min ago2.99 bp21.2 bp −$2174.4 bp −$744646.7 bp −$64.7K1255.5 bp −$627.7K
Sell KuCoin live order book, 6 min ago0.60 bp30.5 bp −$31662.1 bp −$6,621doesn'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−0.0707%1h0.08376+0.049%$7K$6K10xas long as short
Aster ZBTUSDT+0.0100%4h0.08380+0.094%$10K$15K5xas long as short
Binance ZBTUSDT+0.0100%4h0.08375+0.036%$3.2M$2.6M50xas long as short
Bybit ZBTUSDT+0.0100%4h0.08374+0.024%$869K$438K25xas long as short
OKX ZBT-USDT-SWAP+0.0100%4h0.08368−0.048%$557K$1.4M10xas long as short
Gate ZBT_USDT+0.0100%8h0.08382+0.119%$545K$551K50xas long as short
MEXC ZBT_USDT+0.0100%4h0.08375+0.036%$1.4M$198K100xas long as short
KuCoin ZBTUSDTMshort+0.0100%4h0.08375+0.036%$740K$9.8M50x
Bitget ZBTUSDT+0.0100%4h0.08379+0.084%$6.0M$139K10xas long as short
BingX ZBT-USDTlong+0.0100%4h0.08372long leg$1.3M
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZBT+0.0100%4h0.08381+0.106%$894$453as long as short
Extended ZBT-USD+0.0104%1h0.08373+0.014%$2K$158K5xas long as short
BloFin ZBT-USDT+0.0135%4h0.08379+0.084%$148K$12K50xas long as short