ZBT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0071%/8h= −7.8% APRnext payment −$0.36 per $10,000 · paid last 24h +0.017%

Price spread now: KuCoin against OKX+0.092%7-day average −0.067% · you sell dearer than you buy

Net, funding: paid 7d − costs−$192as in the Funding arb table

Net, price: spread back to 7d avg − costs−$154as in the Price arb table

costs, in and out, $10k−$1701.700% of the position

Long on OKX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.216%−$22 on $10k

Price spread, last 7 days−0.182%−$18 · spread now +0.092%, 7d avg −0.067%

Together, before fees−0.398%−$40 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.159% dearer against OKX than usual: you sell high and buy low (spread +0.092% now, against its 7-day average of −0.067%): +$16 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 7.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX ZBT-USDT-SWAP	0.08652	0.0027	pay 0.0014% / 4h	9m 09s	$629K	$2.3M	10x
Short	KuCoin ZBTUSDTM	0.08660	−0.0044	pay 0.0022% / 4h	9m 09s	$627K	$9.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.092%Rate

Funding earned: −$14.94
Price spread: +0.092% → −0.067%: $15.93
Slippage, 4 orders: −$147.97
Fee OKX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$168.99
Costs to cover: 1.700%
Break-even: never at this rate

Slippage from OKX: live order book, 3 min ago; KuCoin: live order book, 9 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	0.58 bp	34.2 bp −$34	296.5 bp −$2,965	doesn't fit	doesn't fit
Sell KuCoin live order book, 9 min ago	1.16 bp	58.8 bp −$59	645.1 bp −$6,451	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	−0.1243%	1h	0.08652	+0.005%	$8K	$3K	10x	as long as short
KuCoin ZBTUSDTMshort	−0.0044%	4h	0.08660	+0.092%	$627K	$9.4M	50x
OKX ZBT-USDT-SWAPlong	+0.0027%	4h	0.08652	long leg	$629K	$2.3M	10x
BloFin ZBT-USDT	+0.0048%	4h	0.08657	+0.058%	$151K	$42K	50x	as long as short
Aster ZBTUSDT	+0.0100%	4h	0.08664	+0.138%	$10K	$47K	5x	as long as short
Binance ZBTUSDT	+0.0100%	4h	0.08663	+0.128%	$3.6M	$5.3M	50x	as long as short
Bybit ZBTUSDT	+0.0100%	4h	0.08656	+0.046%	$943K	$1.1M	25x	as long as short
Gate ZBT_USDT	+0.0100%	8h	0.08666	+0.162%	$566K	$733K	50x	as long as short
MEXC ZBT_USDT	+0.0100%	4h	0.08659	+0.081%	$1.7M	$332K	100x	as long as short
Bitget ZBTUSDT	+0.0100%	4h	0.08670	+0.208%	$6.2M	$336K	10x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ZBT-USDT	+0.0100%	4h	0.08658	+0.069%	—	$1.3M	—	as long as short
Variational Omni ZBT	+0.0100%	4h	0.08656	+0.045%	$1K	$13K	—	as long as short
Extended ZBT-USD	+0.0104%	1h	0.08659	+0.077%	$3K	$199K	5x	as long as short