Spread before costs (cost unknown: a leg has no order-book sample)+0.027%
7d average—if it closes, per $10,000$3funding while held, a day+$25.60
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ZBTUSD | 0.08260 | −0.0753 | get 0.0094% / 1h | 23m 16s | $6K | $6K | 10x |
| Short | Bybit ZBTUSDT | 0.08262 | 0.0100 | get 0.0050% / 4h | 1h 23m | $858K | $421K | 25x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $2.73
- Funding while held
- $25.6
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $7.34
- Spread needed to break even
- 0.210%
Slippage unknown: Kraken Futures: no order-book sample; Bybit: live order book, 8 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0853%
- Per $10,000 a day
- +$25.60
- Average in range /8h
- —
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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 8 min ago | 5.45 bp | 40.2 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
Kraken Futures: 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 price on every exchange
against the cheapest. Click to use as the short leg.ZBT on 13 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZBTUSDlong | 0.000% | −0.0753% | 1h | $6K | $6K | 10x | |
| BloFin ZBT-USDT | +0.015% | +0.0157% | 4h | $149K | $4K | 50x | as long as short |
| Bybit ZBTUSDTshort | +0.027% | +0.0100% | 4h | $858K | $421K | 25x | |
| Extended ZBT-USD | +0.030% | +0.0104% | 1h | $2K | $159K | 5x | as long as short |
| KuCoin ZBTUSDTM | +0.039% | +0.0100% | 4h | $696K | $9.4M | 50x | as long as short |
| Aster ZBTUSDT | +0.048% | +0.0100% | 4h | $11K | $15K | 5x | as long as short |
| Binance ZBTUSDT | +0.051% | +0.0100% | 4h | $3.1M | $2.5M | 50x | as long as short |
| MEXC ZBT_USDT | +0.052% | +0.0100% | 4h | $1.4M | $224K | 100x | as long as short |
| BingX ZBT-USDT | +0.052% | +0.0100% | 4h | — | $1.3M | — | as long as short |
| Variational Omni ZBT | +0.056% | +0.0100% | 4h | $881 | $452 | — | as long as short |
Show all 13 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX ZBT-USDT-SWAP | +0.076% | +0.0100% | 4h | $589K | $1.2M | 10x | as long as short |
| Gate ZBT_USDT | +0.076% | +0.0100% | 8h | $534K | $531K | 50x | as long as short |
| Bitget ZBTUSDT | +0.100% | +0.0100% | 4h | $5.9M | $130K | 10x | as long as short |
Kraken Futures PF_ZBTUSD
Bybit ZBTUSDT
BloFin
Extended
KuCoin
Aster
Binance
MEXC
BingX
Variational Omni
OKX
Gate
Bitget