ZBT

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.16 per $10,000 · paid last 24h +0.001%

Price spread now: MEXC against BloFin+0.093%79s7-day average −0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$67as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$660.658% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.016%−$2 on $10k

Price spread, last 4 days (all we have)−0.166%−$17 · spread now +0.093%, 7d avg −0.024%

Together, before fees−0.183%−$18 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and MEXC is 0.117% dearer against BloFin than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.024%. The two prices were read 79 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ZBT-USDT	0.08569	0.0068	pay 0.0034% / 4h	1h 03m	$150K	$41K	50x
Short	MEXC ZBT_USDT	0.08577	0.0100	get 0.0050% / 4h	1h 03m	$1.8M	$385K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against BloFin. 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

Position, each leg$Hold fordaysFee BloFinbpFee MEXCbpOrdersPrice spread, now +0.093%Rate

Funding earned: $6.74
Price spread: +0.093% → −0.024%: $11.74
Slippage, 4 orders: −$49.84
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$47.35
Costs to cover: 0.658%
Break-even: 56.1 days

Slippage from BloFin: live order book, 33 min ago; MEXC: live order book, 1 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, 33 min ago	4.66 bp	21.4 bp −$21	68.9 bp −$689	doesn't fit	doesn't fit
Sell MEXC live order book, 1 min ago	0.58 bp	13.4 bp −$13	71.6 bp −$716	218.4 bp −$21.8K	727.8 bp −$363.9K

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	0.08576	+0.087%	$8K	$4K	10x	as long as short
BloFin ZBT-USDTlong	+0.0068%	4h	0.08569	long leg	$150K	$41K	50x
Aster ZBTUSDT	+0.0100%	4h	0.08580	+0.132%	$10K	$48K	5x	as long as short
Binance ZBTUSDT	+0.0100%	4h	0.08580	+0.132%	$3.5M	$5.4M	50x	as long as short
Bybit ZBTUSDT	+0.0100%	4h	0.08585	+0.187%	$971K	$1.1M	25x	as long as short
OKX ZBT-USDT-SWAP	+0.0100%	4h	0.08563	−0.070%	$648K	$2.1M	10x	as long as short
Gate ZBT_USDT	+0.0100%	8h	0.08581	+0.140%	$553K	$746K	50x	as long as short
MEXC ZBT_USDTshort	+0.0100%	4h	0.08577	+0.093%	$1.8M	$385K	100x
KuCoin ZBTUSDTM	+0.0100%	4h	0.08579	+0.117%	$734K	$9.3M	50x	as long as short
Bitget ZBTUSDT	+0.0100%	4h	0.08578	+0.105%	$6.2M	$347K	10x	as long as short

Show all 13 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ZBT-USDT	+0.0100%	4h	0.08577	+0.093%	—	$1.3M	—	as long as short
Variational Omni ZBT	+0.0100%	4h	0.08570	+0.014%	$954	$12K	—	as long as short
Extended ZBT-USD	+0.0104%	1h	0.08578	+0.099%	$4K	$208K	5x	as long as short