Funding arb · Price arb /

ZBT

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Swap Backtest

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: Aster against Bybit+0.030%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bybit Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.030% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ZBTUSDT	0.08321	0.0100	pay 0.0050% / 4h	2h 14m	$866K	$426K	25x
Short	Aster ZBTUSDT	0.08323	0.0100	get 0.0050% / 4h	2h 14m	$10K	$15K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Bybit. 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 BybitbpFee AsterbpOrdersPrice spread, now +0.030%Rate

Funding earned: $0
Price spread: +0.030% → 0.000%: $2.97
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Aster: 4 bp × 2 orders: −$8
Net: −$16.03
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 6 min ago; Aster: no order-book sample. Net counts fees only.

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 Bybit live order book, 6 min ago	4.80 bp	53.5 bp −$54	doesn't fit	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0883%	1h	0.08324	+0.031%	$7K	$6K	10x	as long as short
Aster ZBTUSDTshort	+0.0100%	4h	0.08323	+0.030%	$10K	$15K	5x
Binance ZBTUSDT	+0.0100%	4h	0.08323	+0.030%	$3.2M	$2.5M	50x	as long as short
Bybit ZBTUSDTlong	+0.0100%	4h	0.08321	long leg	$866K	$426K	25x
OKX ZBT-USDT-SWAP	+0.0100%	4h	0.08318	−0.036%	$584K	$1.3M	10x	as long as short
Gate ZBT_USDT	+0.0100%	8h	0.08328	+0.084%	$537K	$545K	50x	as long as short
MEXC ZBT_USDT	+0.0100%	4h	0.08327	+0.072%	$1.4M	$208K	100x	as long as short
KuCoin ZBTUSDTM	+0.0100%	4h	0.08328	+0.084%	$720K	$9.8M	50x	as long as short
Bitget ZBTUSDT	+0.0100%	4h	0.08322	+0.012%	$6.0M	$138K	10x	as long as short
BingX ZBT-USDT	+0.0100%	4h	0.08323	+0.024%	—	$1.3M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni ZBT	+0.0100%	4h	0.08324	+0.032%	$889	$453	—	as long as short
Extended ZBT-USD	+0.0104%	1h	0.08322	+0.014%	$2K	$159K	5x	as long as short
BloFin ZBT-USDT	+0.0159%	4h	0.08325	+0.048%	$146K	$12K	50x	as long as short