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

ZBT

all ZBT markets
SwapBacktest
Alert: funding
Alert: spread
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: MEXC against BingX+0.024%7-day average −0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$660.662% 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−0.018%−$2 · spread now +0.024%, 7d avg −0.042%
Together, before fees−0.251%−$25 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: MEXC is 0.066% dearer against BingX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ZBT-USDT0.083440.0100pay 0.0050% / 4h19m 30s$1.3M
ShortMEXC ZBT_USDT0.083460.0100get 0.0050% / 4h19m 30s$1.4M$200K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: +0.024% → −0.042%
$6.65
Slippage, 4 orders
−$52.24
Fee BingX: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$59.59
Costs to cover
0.662%
Break-even
never at this rate
Slippage from BingX: live order book, 12 min ago; MEXC: live order book, 2 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, 12 min ago3.60 bp19.1 bp −$1966.9 bp −$669500.5 bp −$50.0K1228.6 bp −$614.3K
Sell MEXC live order book, 2 min ago1.80 bp12.9 bp −$1367.6 bp −$676261.3 bp −$26.1K878.0 bp −$439.0K

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−0.0605%1h0.08342−0.026%$7K$6K10xas long as short
BloFin ZBT-USDT+0.0067%4h0.08350+0.072%$146K$12K50xas long as short
Aster ZBTUSDT+0.0100%4h0.08347+0.041%$10K$16K5xas long as short
Binance ZBTUSDT+0.0100%4h0.08347+0.041%$3.2M$2.6M50xas long as short
Bybit ZBTUSDT+0.0100%4h0.08342−0.024%$864K$436K25xas long as short
OKX ZBT-USDT-SWAP+0.0100%4h0.08340−0.048%$566K$1.4M10xas long as short
Gate ZBT_USDT+0.0100%8h0.08345+0.012%$539K$547K50xas long as short
MEXC ZBT_USDTshort+0.0100%4h0.08346+0.024%$1.4M$200K100x
KuCoin ZBTUSDTM+0.0100%4h0.08347+0.036%$712K$9.7M50xas long as short
Bitget ZBTUSDT+0.0100%4h0.08342−0.024%$6.0M$139K10xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ZBT-USDTlong+0.0100%4h0.08344long leg$1.3M
Variational Omni ZBT+0.0100%4h0.08341−0.037%$890$453as long as short
Extended ZBT-USD+0.0104%1h0.08346+0.018%$2K$159K5xas long as short