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

ZBT

all ZBT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against MEXC0.000%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1051.051% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.091%+$9 · spread now 0.000%, 7d avg +0.056%
Together, before fees+0.091%+$9 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: Bybit is 0.056% cheaper against MEXC than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.056%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ZBT_USDT0.084000.0100pay 0.0050% / 4h1h 53m$1.4M$198K100x
ShortBybit ZBTUSDT0.084000.0100get 0.0050% / 4h1h 53m$863K$437K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against MEXC. 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: 0.000% → +0.056%
−$5.57
Slippage, 4 orders
−$90.06
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$110.64
Costs to cover
1.051%
Break-even
never at this rate
Slippage from MEXC: live order book, 3 min ago; Bybit: live order book, 7 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 MEXC live order book, 3 min ago1.78 bp13.2 bp −$1371.8 bp −$718255.4 bp −$25.5K724.9 bp −$362.5K
Sell Bybit live order book, 7 min ago2.38 bp38.2 bp −$38doesn't fitdoesn't fitdoesn't fit

ZBT on 12 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−0.0533%1h0.08397−0.032%$7K$7K10xas long as short
Aster ZBTUSDT+0.0100%4h0.08417+0.199%$10K$15K5xas long as short
Binance ZBTUSDT+0.0100%4h0.08406+0.074%$3.2M$2.6M50xas long as short
Bybit ZBTUSDTshort+0.0100%4h0.084000.000%$863K$437K25x
OKX ZBT-USDT-SWAP+0.0100%4h0.08401+0.012%$555K$1.4M10xas long as short
MEXC ZBT_USDTlong+0.0100%4h0.08400long leg$1.4M$198K100x
KuCoin ZBTUSDTM+0.0100%4h0.08405+0.060%$745K$9.8M50xas long as short
Bitget ZBTUSDT+0.0100%4h0.08406+0.071%$6.0M$134K10xas long as short
BingX ZBT-USDT+0.0100%4h0.08412+0.143%$1.3Mas long as short
Variational Omni ZBT+0.0100%4h0.08435+0.412%$896$453as long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended ZBT-USD+0.0104%1h0.08402+0.022%$895$121K5xas long as short
Gate ZBT_USDT+0.0228%8h0.08406+0.071%$541K$536K50xas long as short