Settings8H · net · $10k
Funding arb · Price arb /

ZBT

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: BingX against Gate−0.047%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$145as in the Price arb table
costs, in and out, $10k−$1421.425% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.218%+$22 on $10k
Price spread, last 4 days (all we have)+0.095%+$10 · spread now −0.047%, 7d avg −0.017%
Together, before fees+0.313%+$31 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.030% cheaper against Gate than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.017%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ZBT_USDT0.085560.0100pay 0.0100% / 8h4h 49m$549K$727K50x
ShortBingX ZBT-USDT0.085520.0100get 0.0050% / 4h49m 49s$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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

Funding earned
$0
Price spread: −0.047% → −0.017%
−$2.99
Slippage, 4 orders
−$117.5
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BingX: 5 bp × 2 orders
−$10
Net
−$145.49
Costs to cover
1.425%
Break-even
never at this rate
Slippage from Gate: live order book, 55 min ago; BingX: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 55 min ago4.07 bp54.2 bp −$54doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 5 min ago3.51 bp21.0 bp −$2161.1 bp −$611478.4 bp −$47.8K1150.4 bp −$575.2K

ZBT on 13 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZBTUSD−0.0994%1h0.08573+0.202%$8K$4K10xas long as short
OKX ZBT-USDT-SWAP+0.0001%4h0.08544−0.140%$647K$2.1M10xas long as short
BloFin ZBT-USDT+0.0083%4h0.08510−0.538%$150K$43K50xas long as short
Aster ZBTUSDT+0.0100%4h0.08565+0.106%$10K$45K5xas long as short
Binance ZBTUSDT+0.0100%4h0.08558+0.020%$3.5M$5.4M50xas long as short
Bybit ZBTUSDT+0.0100%4h0.08563+0.082%$968K$1.1M25xas long as short
Gate ZBT_USDTlong+0.0100%8h0.08556long leg$549K$727K50x
MEXC ZBT_USDT+0.0100%4h0.08558+0.023%$1.7M$388K100xas long as short
KuCoin ZBTUSDTM+0.0100%4h0.08559+0.035%$729K$9.3M50xas long as short
Bitget ZBTUSDT+0.0100%4h0.08558+0.023%$6.2M$348K10xas long as short
Show all 13 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ZBT-USDTshort+0.0100%4h0.08552−0.047%$1.3M
Variational Omni ZBT+0.0100%4h0.08526−0.348%$950$12Kas long as short
Extended ZBT-USD+0.0104%1h0.08563+0.077%$4K$205K5xas long as short