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: Bitget against OKX−0.048%7-day average −0.158% · you buy dearer than you sell
Net, funding: paid 7d − costs−$138as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$1131.131% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.248%−$25 on $10k
Price spread, last 7 days−0.044%−$4 · spread now −0.048%, 7d avg −0.158%
Together, before fees−0.292%−$29 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: Bitget is 0.110% dearer against OKX than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.158%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ZBT-USDT-SWAP0.083880.0100pay 0.0050% / 4h2h 43m$558K$1.4M10x
ShortBitget ZBTUSDT0.083840.0100get 0.0050% / 4h2h 43m$6.0M$140K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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

Funding earned
$0
Price spread: −0.048% → −0.158%
$11
Slippage, 4 orders
−$91.14
Fee OKX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$102.14
Costs to cover
1.131%
Break-even
never at this rate
Slippage from OKX: live order book, 3 min ago; Bitget: live order book, 5 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 OKX live order book, 3 min ago1.19 bp20.6 bp −$21254.2 bp −$2,542doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago3.58 bp32.6 bp −$33108.4 bp −$1,084doesn'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−0.0475%1h0.08381−0.082%$7K$6K10xas long as short
BloFin ZBT-USDT+0.0072%4h0.08374−0.167%$147K$20K50xas long as short
Aster ZBTUSDT+0.0100%4h0.08383−0.058%$10K$15K5xas long as short
Binance ZBTUSDT+0.0100%4h0.08389+0.012%$3.2M$2.6M50xas long as short
Bybit ZBTUSDT+0.0100%4h0.08387−0.012%$859K$447K25xas long as short
OKX ZBT-USDT-SWAPlong+0.0100%4h0.08388long leg$558K$1.4M10x
MEXC ZBT_USDT+0.0100%4h0.08387−0.012%$1.4M$198K100xas long as short
KuCoin ZBTUSDTM+0.0100%4h0.08382−0.072%$735K$9.8M50xas long as short
Bitget ZBTUSDTshort+0.0100%4h0.08384−0.048%$6.0M$140K10x
BingX ZBT-USDT+0.0100%4h0.08386−0.024%$1.3Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZBT+0.0100%4h0.08364−0.284%$894$453as long as short
Extended ZBT-USD+0.0104%1h0.08387−0.010%$4K$124K5xas long as short
Gate ZBT_USDT+0.0124%8h0.08383−0.060%$542K$546K50xas long as short