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

ZBT

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Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC−0.0053%/8hnext payment $0.26 per $10,000 · paid last 24h −0.015%
Price spread now: BloFin against KuCoin−0.012%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$346as in the Funding arb table
Net, price: spread back to 7d avg − costs−$345as in the Price arb table
costs, in and out, $10k−$3443.444% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.015%−$2 on $10k
Price spread, last 3 days (all we have)0.000%$0 · spread now −0.012%, 7d avg −0.009%
Together, before fees−0.015%−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.009%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ZBTUSDTM0.082740.0100pay 0.0050% / 4h23m 08s$695K$9.6M50x
ShortBloFin ZBT-USDT0.082730.0047get 0.0024% / 4h23m 08s$149K$4K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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
−$11.12
Price spread: −0.012% → −0.009%
−$0.3
Slippage, 4 orders
−$320.38
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$355.79
Costs to cover
3.444%
Break-even
never at this rate
Slippage from KuCoin: live order book, 9 min ago; BloFin: live order book, 2 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 KuCoin live order book, 9 min ago2.42 bp236.9 bp −$237doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 2 min ago0.60 bp24.7 bp −$2574.3 bp −$743doesn't fitdoesn't fit

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_ZBTUSD−0.0878%1h0.08274+0.005%$6K$6K10xas long as short
BloFin ZBT-USDTshort+0.0047%4h0.08273−0.012%$149K$4K50x
Aster ZBTUSDT+0.0100%4h0.08266−0.091%$11K$15K5xas long as short
Binance ZBTUSDT+0.0100%4h0.08277+0.030%$3.1M$2.5M50xas long as short
Bybit ZBTUSDT+0.0100%4h0.08272−0.024%$860K$421K25xas long as short
OKX ZBT-USDT-SWAP+0.0100%4h0.08277+0.036%$594K$1.3M10xas long as short
Gate ZBT_USDT+0.0100%8h0.082740.000%$535K$538K50xas long as short
MEXC ZBT_USDT+0.0100%4h0.08277+0.036%$1.4M$214K100xas long as short
KuCoin ZBTUSDTMlong+0.0100%4h0.08274long leg$695K$9.6M50x
Bitget ZBTUSDT+0.0100%4h0.08269−0.060%$5.9M$129K10xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ZBT-USDT+0.0100%4h0.08278+0.048%$1.3Mas long as short
Variational Omni ZBT+0.0100%4h0.08257−0.200%$880$452as long as short
Extended ZBT-USD+0.0104%1h0.08275+0.010%$2K$159K5xas long as short