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

ZBT

all ZBT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against OKX+0.004%7-day average −0.123% · you sell dearer than you buy
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1261.255% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.240%−$24 on $10k
Price spread, last 4 days (all we have)−0.218%−$22 · spread now +0.004%, 7d avg −0.123%
Together, before fees−0.458%+ Points / potential airdropExtended: Active · farm board−$46 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: Extended is 0.127% dearer against OKX than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.123%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ZBT-USDT-SWAP0.083830.0100pay 0.0050% / 4h3h 03m$551K$1.4M10x
ShortExtended ZBT-USD0.083830.0104get 0.0013% / 1h3m 28s$4K$124K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: +0.004% → −0.123%
$12.67
Slippage, 4 orders
−$110.51
Fee OKX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$112
Costs to cover
1.255%
Break-even
940.4 days
Slippage from OKX: live order book, 3 min ago; Extended: 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 OKX live order book, 3 min ago0.60 bp18.2 bp −$18222.9 bp −$2,229doesn't fitdoesn't fit
Sell Extended live order book, 2 min ago2.32 bp48.5 bp −$49316.7 bp −$3,167doesn'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−0.0705%1h0.08405+0.268%$7K$6K10xas long as short
BloFin ZBT-USDT+0.0066%4h0.08415+0.382%$148K$20K50xas long as short
Aster ZBTUSDT+0.0100%4h0.08393+0.120%$10K$15K5xas long as short
Binance ZBTUSDT+0.0100%4h0.08385+0.026%$3.2M$2.6M50xas long as short
Bybit ZBTUSDT+0.0100%4h0.08384+0.012%$868K$434K25xas long as short
OKX ZBT-USDT-SWAPlong+0.0100%4h0.08383long leg$551K$1.4M10x
MEXC ZBT_USDT+0.0100%4h0.08386+0.036%$1.4M$200K100xas long as short
KuCoin ZBTUSDTM+0.0100%4h0.08391+0.095%$735K$9.8M50xas long as short
Bitget ZBTUSDT+0.0100%4h0.08393+0.119%$6.0M$140K10xas long as short
BingX ZBT-USDT+0.0100%4h0.08381−0.024%$1.3Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZBT+0.0100%4h0.08404+0.250%$898$453as long as short
Extended ZBT-USDshort+0.0104%1h0.08383+0.004%$4K$124K5x
Gate ZBT_USDT+0.0593%8h0.08395+0.143%$545K$565K50xas long as short