Funding you earn now, next payment 04:00 UTC−0.0044%/8h= −4.8% APRnext payment −$0.22 per $10,000 · paid last 24h +0.002%
Price spread now: BloFin against Bitget+0.036%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$860.858% of the position
Funding, last 7 days+0.016%+$2 on $10k
+Price spread, last 3 days (all we have)−0.028%−$3 · spread now +0.036%, 7d avg +0.047%
=The price spread sits at its 7-day average of +0.047%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ZBTUSDT | 0.08378 | 0.0100 | pay 0.0050% / 4h | 3h 32m | $6.0M | $139K | 10x |
| Short | BloFin ZBT-USDT | 0.08381 | 0.0056 | get 0.0028% / 4h | 3h 32m | $148K | $12K | 50x |
Bitget ZBTUSDT
BloFin ZBT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- −$9.15
- Price spread: +0.036% → +0.047%
- −$1.08
- Slippage, 4 orders
- −$61.83
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$96.07
- Costs to cover
- 0.858%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; BloFin: live order book, 24 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 Bitget live order book, 5 min ago | 2.98 bp | 16.9 bp −$17 | 100.1 bp −$1,001 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 24 min ago | 1.79 bp | 21.5 bp −$21 | 56.4 bp −$564 | 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 | −0.0707% | 1h | 0.08376 | −0.022% | $7K | $6K | 10x | as long as short |
| BloFin ZBT-USDTshort | +0.0056% | 4h | 0.08381 | +0.036% | $148K | $12K | 50x | |
| Aster ZBTUSDT | +0.0100% | 4h | 0.08384 | +0.071% | $10K | $15K | 5x | as long as short |
| Binance ZBTUSDT | +0.0100% | 4h | 0.08383 | +0.054% | $3.2M | $2.6M | 50x | as long as short |
| Bybit ZBTUSDT | +0.0100% | 4h | 0.08380 | +0.024% | $869K | $434K | 25x | as long as short |
| OKX ZBT-USDT-SWAP | +0.0100% | 4h | 0.08378 | 0.000% | $553K | $1.4M | 10x | as long as short |
| MEXC ZBT_USDT | +0.0100% | 4h | 0.08382 | +0.048% | $1.4M | $199K | 100x | as long as short |
| KuCoin ZBTUSDTM | +0.0100% | 4h | 0.08381 | +0.036% | $738K | $9.8M | 50x | as long as short |
| Bitget ZBTUSDTlong | +0.0100% | 4h | 0.08378 | long leg | $6.0M | $139K | 10x | |
| BingX ZBT-USDT | +0.0100% | 4h | 0.08380 | +0.024% | — | $1.3M | — | as long as short |
Kraken Futures PF_ZBTUSD
Aster ZBTUSDT
Binance ZBTUSDT
Bybit ZBTUSDT
OKX ZBT-USDT-SWAP
MEXC ZBT_USDT
KuCoin ZBTUSDTM
BingX ZBT-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ZBT | +0.0100% | 4h | 0.08386 | +0.092% | $894 | $453 | — | as long as short |
| Extended ZBT-USD | +0.0104% | 1h | 0.08381 | +0.035% | $2K | $158K | 5x | as long as short |
| Gate ZBT_USDT | +0.0145% | 8h | 0.08380 | +0.024% | $544K | $555K | 50x | as long as short |
Variational Omni ZBT
Extended ZBT-USD
Gate ZBT_USDT