Funding you earn now, next payment 02:00 UTC+0.0274%/8h= +30.0% APRpaid last 24h −0.001%
Price spread now: Gate against Extended0.000%7-day average +0.082% · you buy dearer than you sell
Net, funding: paid 7d − costs−$169as in the Funding arb table
Net, price: spread back to 7d avg − costs−$178as in the Price arb table
costs, in and out, $10k−$1701.698% of the position
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 4 days (all we have)+0.051%+$5 · spread now 0.000%, 7d avg +0.082%
=Together, before fees+0.058%+ Points / potential airdropExtended: Active · farm board+$6 on $10k · with fees, hour by hour
Funding pays, the price is against you. Gate is 0.082% cheaper against Extended than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.082%). If the spread goes back, that is −$8 on $10k: about 24 hours of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.008% in total) that is about 3 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.008% in total (about 0.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ZBT-USD | 0.08418 | 0.0104 | pay 0.0013% / 1h | 3m 45s | $2K | $119K | 5x |
| Short | Gate ZBT_USDT | 0.08418 | 0.0378 | get 0.0378% / 8h | 6h 03m | $543K | $558K | 50x |
Extended ZBT-USD
Gate ZBT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Extended. 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
- $57.54
- Price spread: 0.000% → +0.082%
- −$8.24
- Slippage, 4 orders
- −$149.77
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$120.48
- Costs to cover
- 1.698%
- Break-even
- 21.7 days
Slippage from Extended: live order book, 62 min ago; Gate: live order book, 62 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 Extended live order book, 62 min ago | 2.32 bp | 35.4 bp −$35 | 267.8 bp −$2,678 | doesn't fit | doesn't fit |
| Sell Gate live order book, 62 min ago | 5.95 bp | 37.7 bp −$38 | doesn't fit | 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 | 0.08415 | −0.040% | $7K | $7K | 10x | as long as short |
| Aster ZBTUSDT | +0.0100% | 4h | 0.08418 | +0.001% | $10K | $15K | 5x | as long as short |
| Binance ZBTUSDT | +0.0100% | 4h | 0.08424 | +0.071% | $3.2M | $2.6M | 50x | as long as short |
| Bybit ZBTUSDT | +0.0100% | 4h | 0.08420 | +0.023% | $863K | $444K | 25x | as long as short |
| OKX ZBT-USDT-SWAP | +0.0100% | 4h | 0.08421 | +0.035% | $560K | $1.4M | 10x | as long as short |
| MEXC ZBT_USDT | +0.0100% | 4h | 0.08423 | +0.059% | $1.4M | $202K | 100x | as long as short |
| KuCoin ZBTUSDTM | +0.0100% | 4h | 0.08417 | −0.012% | $743K | $9.8M | 50x | as long as short |
| Bitget ZBTUSDT | +0.0100% | 4h | 0.08418 | 0.000% | $6.1M | $140K | 10x | as long as short |
| BingX ZBT-USDT | +0.0100% | 4h | 0.08424 | +0.071% | — | $1.3M | — | as long as short |
| Variational Omni ZBT | +0.0100% | 4h | 0.08411 | −0.083% | $897 | $453 | — | as long as short |
Kraken Futures PF_ZBTUSD
Aster ZBTUSDT
Binance ZBTUSDT
Bybit ZBTUSDT
OKX ZBT-USDT-SWAP
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-USDlong | +0.0104% | 1h | 0.08418 | long leg | $2K | $119K | 5x | |
| Gate ZBT_USDTshort | +0.0378% | 8h | 0.08418 | 0.000% | $543K | $558K | 50x |