ZBT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0051%/8h= +5.6% APRnext payment +$0.26 per $10,000 · paid last 24h +0.002%

Price spread now: BloFin against OKX+0.060%7-day average −0.068% · you sell dearer than you buy

Net, funding: paid 7d − costs−$121as in the Funding arb table

Net, price: spread back to 7d avg − costs−$85as in the Price arb table

costs, in and out, $10k−$980.977% of the position

Long on OKX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.232%−$23 on $10k

Price spread, last 4 days (all we have)−0.078%−$8 · spread now +0.060%, 7d avg −0.068%

Together, before fees−0.310%−$31 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.128% dearer against OKX than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.068%. Mind the row above: over the last 7 days funding on this pair cost −0.232%, 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	0.08366	0.0100	pay 0.0050% / 4h	38m 44s	$549K	$1.4M	10x
Short	BloFin ZBT-USDT	0.08371	0.0151	get 0.0076% / 4h	38m 44s	$147K	$20K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.060%Rate

Funding earned: $10.76
Price spread: +0.060% → −0.068%: $12.78
Slippage, 4 orders: −$75.69
Fee OKX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$74.15
Costs to cover: 0.977%
Break-even: 55.2 days

Slippage from OKX: live order book, 3 min ago; BloFin: live order book, 58 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, 3 min ago	1.19 bp	30.7 bp −$31	263.6 bp −$2,636	doesn't fit	doesn't fit
Sell BloFin live order book, 58 min ago	1.19 bp	27.8 bp −$28	65.5 bp −$655	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	−0.0854%	1h	0.08363	−0.036%	$7K	$7K	10x	as long as short
Aster ZBTUSDT	+0.0100%	4h	0.08376	+0.118%	$10K	$14K	5x	as long as short
Binance ZBTUSDT	+0.0100%	4h	0.08374	+0.096%	$3.2M	$2.6M	50x	as long as short
Bybit ZBTUSDT	+0.0100%	4h	0.08370	+0.048%	$862K	$435K	25x	as long as short
OKX ZBT-USDT-SWAPlong	+0.0100%	4h	0.08366	long leg	$549K	$1.4M	10x
MEXC ZBT_USDT	+0.0100%	4h	0.08372	+0.072%	$1.4M	$199K	100x	as long as short
KuCoin ZBTUSDTM	+0.0100%	4h	0.08376	+0.120%	$735K	$9.5M	50x	as long as short
Bitget ZBTUSDT	+0.0100%	4h	0.08373	+0.084%	$6.0M	$130K	10x	as long as short
BingX ZBT-USDT	+0.0100%	4h	0.08365	−0.012%	—	$1.3M	—	as long as short
Variational Omni ZBT	+0.0100%	4h	0.08388	+0.262%	$895	$453	—	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	0.08368	+0.024%	$892	$114K	5x	as long as short
BloFin ZBT-USDTshort	+0.0151%	4h	0.08371	+0.060%	$147K	$20K	50x
Gate ZBT_USDT	+0.0207%	8h	0.08379	+0.155%	$537K	$537K	50x	as long as short