Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bybit−0.107%7-day average +0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1371.372% of the position
Funding, last 7 days+0.248%+$25 on $10k
+Price spread, last 4 days (all we have)+0.216%+$22 · spread now −0.107%, 7d avg +0.047%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.154% cheaper against Bybit than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.047%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ZBTUSDT | 0.08420 | 0.0100 | pay 0.0050% / 4h | 2h 19m | $863K | $453K | 25x |
| Short | OKX ZBT-USDT-SWAP | 0.08411 | 0.0100 | get 0.0050% / 4h | 2h 19m | $559K | $1.4M | 10x |
Bybit ZBTUSDT
OKX ZBT-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.107% → +0.047%
- −$15.36
- Slippage, 4 orders
- −$116.17
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$152.53
- Costs to cover
- 1.372%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 45 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 Bybit live order book, 45 min ago | 4.76 bp | 43.8 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 0.59 bp | 20.4 bp −$20 | 259.4 bp −$2,594 | doesn't fit | doesn't fit |
ZBT on 12 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 | −0.0473% | 1h | 0.08410 | −0.125% | $7K | $7K | 10x | as long as short |
| Aster ZBTUSDT | +0.0100% | 4h | 0.08425 | +0.063% | $10K | $15K | 5x | as long as short |
| Binance ZBTUSDT | +0.0100% | 4h | 0.08421 | +0.007% | $3.2M | $2.7M | 50x | as long as short |
| Bybit ZBTUSDTlong | +0.0100% | 4h | 0.08420 | long leg | $863K | $453K | 25x | |
| OKX ZBT-USDT-SWAPshort | +0.0100% | 4h | 0.08411 | −0.107% | $559K | $1.4M | 10x | |
| MEXC ZBT_USDT | +0.0100% | 4h | 0.08422 | +0.024% | $1.4M | $201K | 100x | as long as short |
| KuCoin ZBTUSDTM | +0.0100% | 4h | 0.08428 | +0.095% | $747K | $9.9M | 50x | as long as short |
| Bitget ZBTUSDT | +0.0100% | 4h | 0.08428 | +0.095% | $6.1M | $140K | 10x | as long as short |
| BingX ZBT-USDT | +0.0100% | 4h | 0.08416 | −0.048% | — | $1.3M | — | as long as short |
| Variational Omni ZBT | +0.0100% | 4h | 0.08423 | +0.035% | $899 | $453 | — | as long as short |
Kraken Futures PF_ZBTUSD
Aster ZBTUSDT
Binance ZBTUSDT
MEXC ZBT_USDT
KuCoin ZBTUSDTM
Bitget ZBTUSDT
BingX ZBT-USDT
Variational Omni ZBTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended ZBT-USD | +0.0104% | 1h | 0.08419 | −0.013% | $2K | $119K | 5x | as long as short |
| Gate ZBT_USDT | +0.0661% | 8h | 0.08428 | +0.095% | $544K | $555K | 50x | as long as short |
Extended ZBT-USD
Gate ZBT_USDT