ZBT

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0023%/8h= +2.6% APRnext payment +$0.12 per $10,000 · paid last 24h +0.004%

Price spread now: Binance against OKX+0.012%7-day average −0.097% · you sell dearer than you buy

Net, funding: paid 7d − costs−$126as in the Funding arb table

Net, price: spread back to 7d avg − costs−$91as in the Price arb table

costs, in and out, $10k−$1021.020% of the position

Long on OKX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.245%−$24 on $10k

Price spread, last 7 days−0.112%−$11 · spread now +0.012%, 7d avg −0.097%

Together, before fees−0.357%−$36 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.109% dearer against OKX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.097%. Mind the row above: over the last 7 days funding on this pair cost −0.245%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX ZBT-USDT-SWAP	0.08602	0.0077	pay 0.0038% / 4h	3h 21m	$628K	$2.3M	10x
Short	Binance ZBTUSDT	0.08603	0.0100	get 0.0050% / 4h	3h 21m	$3.5M	$5.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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

Position, each leg$Hold fordaysFee OKXbpFee BinancebpOrdersPrice spread, now +0.012%Rate

Funding earned: $4.91
Price spread: +0.012% → −0.097%: $10.86
Slippage, 4 orders: −$81.99
Fee OKX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$86.22
Costs to cover: 1.020%
Break-even: 129.8 days

Slippage from OKX: live order book, 5 min ago; Binance: live order book, 1 min ago.

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 OKX live order book, 5 min ago	0.58 bp	30.9 bp −$31	304.2 bp −$3,042	doesn't fit	doesn't fit
Sell Binance live order book, 1 min ago	1.16 bp	17.2 bp −$17	78.4 bp −$784	doesn't fit	doesn't fit

ZBT on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_ZBTUSD	−0.0651%	1h	0.08602	+0.005%	$8K	$3K	10x	as long as short
OKX ZBT-USDT-SWAPlong	+0.0077%	4h	0.08602	long leg	$628K	$2.3M	10x
KuCoin ZBTUSDTM	+0.0084%	4h	0.08602	0.000%	$651K	$9.5M	50x	as long as short
Aster ZBTUSDT	+0.0100%	4h	0.08594	−0.089%	$9K	$47K	5x	as long as short
Binance ZBTUSDTshort	+0.0100%	4h	0.08603	+0.012%	$3.5M	$5.5M	50x
Bybit ZBTUSDT	+0.0100%	4h	0.08607	+0.058%	$938K	$1.1M	25x	as long as short
MEXC ZBT_USDT	+0.0100%	4h	0.08603	+0.012%	$1.7M	$353K	100x	as long as short
Bitget ZBTUSDT	+0.0100%	4h	0.08613	+0.128%	$6.2M	$341K	10x	as long as short
BingX ZBT-USDT	+0.0100%	4h	0.08605	+0.035%	—	$1.3M	—	as long as short
Variational Omni ZBT	+0.0100%	4h	0.08554	−0.554%	$1K	$12K	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended ZBT-USD	+0.0104%	1h	0.08604	+0.018%	$3K	$195K	5x	as long as short
BloFin ZBT-USDT	+0.0114%	4h	0.08589	−0.151%	$150K	$42K	50x	as long as short
Gate ZBT_USDT	+0.0454%	8h	0.08607	+0.058%	$560K	$748K	50x	as long as short