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

ZBT

all ZBT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.1010%/8h= +110.6% APRpaid last 24h +0.214%
Price spread now: Gate against Kraken Futures−0.004%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$30 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_ZBTUSD0.08334−0.0910get 0.0114% / 1h3m 47s$7K$6K10x
ShortGate ZBT_USDT0.083340.0100get 0.0100% / 8h1h 03m$537K$541K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Kraken Futures. 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
$212.19
Price spread: −0.004% → 0.000%
−$0.45
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$186.75
Costs to cover
0.250%
Break-even
0.8 days
Slippage unknown: Kraken Futures: no order-book sample; Gate: live order book, 12 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures no order-book sample
Sell Gate live order book, 12 min ago5.40 bp39.7 bp −$40doesn't fitdoesn't fitdoesn'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 on 13 venues

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_ZBTUSDlong−0.0910%1h0.08334long leg$7K$6K10x
Aster ZBTUSDT+0.0100%4h0.08327−0.086%$11K$17K5xas long as short
Binance ZBTUSDT+0.0100%4h0.08335+0.008%$3.2M$2.6M50xas long as short
Bybit ZBTUSDT+0.0100%4h0.08357+0.272%$869K$424K25xas long as short
OKX ZBT-USDT-SWAP+0.0100%4h0.08357+0.272%$580K$1.3M10xas long as short
Gate ZBT_USDTshort+0.0100%8h0.08334−0.004%$537K$541K50x
MEXC ZBT_USDT+0.0100%4h0.08336+0.020%$1.4M$205K100xas long as short
KuCoin ZBTUSDTM+0.0100%4h0.08335+0.008%$707K$9.8M50xas long as short
Bitget ZBTUSDT+0.0100%4h0.08343+0.104%$6.0M$134K10xas long as short
BingX ZBT-USDT+0.0100%4h0.08348+0.164%$1.3Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZBT+0.0100%4h0.08325−0.114%$888$453as long as short
Extended ZBT-USD+0.0104%1h0.08333−0.013%$2K$159K5xas long as short
BloFin ZBT-USDT+0.0110%4h0.08328−0.076%$147K$12K50xas long as short