Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%
Price spread now: OKX against Bitget−0.198%7-day average +0.145% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$1071.070% of the position
Funding, last 7 days+0.245%+$24 on $10k
+Price spread, last 7 days+0.358%+$36 · spread now −0.198%, 7d avg +0.145%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.344% cheaper against Bitget than usual: you would sell low and buy high, −$34 on $10k if it goes back to its 7-day average of +0.145%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ZBTUSDT | 0.08570 | 0.0100 | pay 0.0050% / 4h | 1h 08m | $6.2M | $348K | 10x |
| Short | OKX ZBT-USDT-SWAP | 0.08553 | 0.0100 | get 0.0050% / 4h | 1h 08m | $647K | $2.1M | 10x |
Bitget ZBTUSDT
OKX ZBT-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $0
- Price spread: −0.198% → +0.145%
- −$34.37
- Slippage, 4 orders
- −$85.01
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$141.38
- Costs to cover
- 1.070%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 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 Bitget live order book, 3 min ago | 4.66 bp | 29.6 bp −$30 | 137.8 bp −$1,378 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 0.58 bp | 20.2 bp −$20 | 293.5 bp −$2,935 | doesn't fit | doesn't fit |
ZBT on 13 exchanges
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 | −0.0392% | 1h | 0.08570 | 0.000% | $8K | $4K | 10x | as long as short |
| Aster ZBTUSDT | +0.0100% | 4h | 0.08573 | +0.031% | $10K | $48K | 5x | as long as short |
| Binance ZBTUSDT | +0.0100% | 4h | 0.08570 | 0.000% | $3.5M | $5.5M | 50x | as long as short |
| Bybit ZBTUSDT | +0.0100% | 4h | 0.08574 | +0.047% | $963K | $1.2M | 25x | as long as short |
| OKX ZBT-USDT-SWAPshort | +0.0100% | 4h | 0.08553 | −0.198% | $647K | $2.1M | 10x | |
| Gate ZBT_USDT | +0.0100% | 8h | 0.08571 | +0.012% | $552K | $745K | 50x | as long as short |
| MEXC ZBT_USDT | +0.0100% | 4h | 0.08568 | −0.023% | $1.8M | $384K | 100x | as long as short |
| KuCoin ZBTUSDTM | +0.0100% | 4h | 0.08573 | +0.035% | $731K | $9.3M | 50x | as long as short |
| Bitget ZBTUSDTlong | +0.0100% | 4h | 0.08570 | long leg | $6.2M | $348K | 10x | |
| BingX ZBT-USDT | +0.0100% | 4h | 0.08566 | −0.047% | — | $1.3M | — | as long as short |
Kraken Futures PF_ZBTUSD
Aster ZBTUSDT
Binance ZBTUSDT
Bybit ZBTUSDT
Gate ZBT_USDT
MEXC ZBT_USDT
KuCoin ZBTUSDTM
BingX ZBT-USDTShow all 13 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ZBT | +0.0100% | 4h | 0.08576 | +0.075% | $955 | $12K | — | as long as short |
| Extended ZBT-USD | +0.0104% | 1h | 0.08564 | −0.071% | $4K | $208K | 5x | as long as short |
| BloFin ZBT-USDT | +0.0139% | 4h | 0.08565 | −0.058% | $150K | $41K | 50x | as long as short |
Variational Omni ZBT
Extended ZBT-USD
BloFin ZBT-USDT