Funding you earn now, next payment 04:00 UTC+0.0003%/8h= +0.4% APRnext payment +$0.02 per $10,000 · paid last 24h −0.002%
Price spread now: Bitget against BloFin−0.143%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1051.051% of the position
Funding, last 7 days−0.016%−$2 on $10k
+Price spread, last 4 days (all we have)−0.077%−$8 · spread now −0.143%, 7d avg −0.048%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.095% cheaper against BloFin than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.048%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ZBT-USDT | 0.08405 | 0.0097 | pay 0.0048% / 4h | 1h 08m | $148K | $20K | 50x |
| Short | Bitget ZBTUSDT | 0.08393 | 0.0100 | get 0.0050% / 4h | 1h 08m | $6.0M | $135K | 10x |
BloFin ZBT-USDT
Bitget ZBTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BloFin. 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
- $0.69
- Price spread: −0.143% → −0.048%
- −$9.52
- Slippage, 4 orders
- −$81.06
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$113.89
- Costs to cover
- 1.051%
- Break-even
- 1161.1 days
Slippage from BloFin: live order book, 28 min ago; Bitget: live order book, 5 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 BloFin live order book, 28 min ago | 1.19 bp | 16.0 bp −$16 | 48.5 bp −$485 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 2.98 bp | 25.4 bp −$25 | 100.9 bp −$1,009 | 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 | −0.0533% | 1h | 0.08389 | −0.185% | $7K | $7K | 10x | as long as short |
| BloFin ZBT-USDTlong | +0.0097% | 4h | 0.08405 | long leg | $148K | $20K | 50x | |
| Aster ZBTUSDT | +0.0100% | 4h | 0.08389 | −0.191% | $10K | $15K | 5x | as long as short |
| Binance ZBTUSDT | +0.0100% | 4h | 0.08387 | −0.208% | $3.2M | $2.6M | 50x | as long as short |
| Bybit ZBTUSDT | +0.0100% | 4h | 0.08388 | −0.202% | $860K | $428K | 25x | as long as short |
| OKX ZBT-USDT-SWAP | +0.0100% | 4h | 0.08381 | −0.286% | $553K | $1.4M | 10x | as long as short |
| MEXC ZBT_USDT | +0.0100% | 4h | 0.08391 | −0.167% | $1.4M | $201K | 100x | as long as short |
| KuCoin ZBTUSDTM | +0.0100% | 4h | 0.08390 | −0.178% | $736K | $9.6M | 50x | as long as short |
| Bitget ZBTUSDTshort | +0.0100% | 4h | 0.08393 | −0.143% | $6.0M | $135K | 10x | |
| BingX ZBT-USDT | +0.0100% | 4h | 0.08386 | −0.226% | — | $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 | 0.08402 | −0.031% | $897 | $453 | — | as long as short |
| Extended ZBT-USD | +0.0104% | 1h | 0.08384 | −0.246% | $4K | $116K | 5x | as long as short |
| Gate ZBT_USDT | +0.0305% | 8h | 0.08391 | −0.167% | $538K | $548K | 50x | as long as short |
Variational Omni ZBT
Extended ZBT-USD
Gate ZBT_USDT