Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit+0.053%7-day average −0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1181.183% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.110%−$11 · spread now +0.053%, 7d avg −0.044%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.097% dearer against Bybit than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.044%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ZBTUSDT | 0.08643 | 0.0100 | pay 0.0050% / 4h | 19m 28s | $937K | $1.1M | 25x |
| Short | Binance ZBTUSDT | 0.08648 | 0.0100 | get 0.0050% / 4h | 19m 28s | $3.6M | $5.3M | 50x |
Bybit ZBTUSDT
Binance ZBTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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: +0.053% → −0.044%
- $9.74
- Slippage, 4 orders
- −$97.28
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$108.53
- Costs to cover
- 1.183%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Binance: live order book, 3 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 Bybit live order book, 1 min ago | 1.74 bp | 40.7 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 0.58 bp | 19.7 bp −$20 | 80.6 bp −$806 | 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 | −0.1245% | 1h | 0.08643 | −0.004% | $8K | $3K | 10x | as long as short |
| KuCoin ZBTUSDTM | −0.0014% | 4h | 0.08647 | +0.046% | $637K | $9.5M | 50x | as long as short |
| OKX ZBT-USDT-SWAP | 0.0000% | 4h | 0.08638 | −0.058% | $626K | $2.3M | 10x | as long as short |
| BloFin ZBT-USDT | +0.0053% | 4h | 0.08651 | +0.093% | $152K | $42K | 50x | as long as short |
| Aster ZBTUSDT | +0.0100% | 4h | 0.08644 | +0.013% | $11K | $45K | 5x | as long as short |
| Binance ZBTUSDTshort | +0.0100% | 4h | 0.08648 | +0.053% | $3.6M | $5.3M | 50x | |
| Bybit ZBTUSDTlong | +0.0100% | 4h | 0.08643 | long leg | $937K | $1.1M | 25x | |
| Gate ZBT_USDT | +0.0100% | 8h | 0.08649 | +0.069% | $559K | $725K | 50x | as long as short |
| MEXC ZBT_USDT | +0.0100% | 4h | 0.08646 | +0.035% | $1.7M | $329K | 100x | as long as short |
| Bitget ZBTUSDT | +0.0100% | 4h | 0.08647 | +0.046% | $6.2M | $326K | 10x | as long as short |
Kraken Futures PF_ZBTUSD
KuCoin ZBTUSDTM
OKX ZBT-USDT-SWAP
BloFin ZBT-USDT
Aster ZBTUSDT
Gate ZBT_USDT
MEXC ZBT_USDT
Bitget ZBTUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ZBT-USDT | +0.0100% | 4h | 0.08646 | +0.035% | — | $1.3M | — | as long as short |
| Variational Omni ZBT | +0.0100% | 4h | 0.08645 | +0.023% | $1K | $13K | — | as long as short |
| Extended ZBT-USD | +0.0104% | 1h | 0.08645 | +0.019% | $3K | $199K | 5x | as long as short |
BingX ZBT-USDT
Variational Omni ZBT
Extended ZBT-USD