Funding you earn now, next payment 12:00 UTC−0.0019%/8h= −2.1% APRnext payment −$0.10 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against Variational Omni−0.451%56s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.451% cheaper against Variational Omni than usual: you would sell low and buy high (−$45 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ZBT | 0.08559 | 0.0100 | pay 0.0050% / 4h | 3h 32m | $1K | $12K | — |
| Short | BloFin ZBT-USDT | 0.08520 | 0.0081 | get 0.0040% / 4h | 3h 32m | $150K | $42K | 50x |
Variational Omni ZBT
BloFin ZBT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Variational Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$4.07
- Price spread: −0.451% → 0.000%
- −$45.09
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$61.16
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: no order-book sample; BloFin: live order book, 32 min ago. Net counts fees only.
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 Variational Omni no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 32 min ago | 2.31 bp | 25.5 bp −$26 | 61.6 bp −$616 | doesn't fit | doesn't fit |
Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0658% | 1h | 0.08514 | −0.519% | $8K | $3K | 10x | as long as short |
| KuCoin ZBTUSDTM | −0.0002% | 4h | 0.08522 | −0.427% | $640K | $9.5M | 50x | as long as short |
| OKX ZBT-USDT-SWAP | +0.0015% | 4h | 0.08515 | −0.509% | $627K | $2.3M | 10x | as long as short |
| BloFin ZBT-USDTshort | +0.0081% | 4h | 0.08520 | −0.451% | $150K | $42K | 50x | |
| Aster ZBTUSDT | +0.0100% | 4h | 0.08521 | −0.445% | $9K | $48K | 5x | as long as short |
| Binance ZBTUSDT | +0.0100% | 4h | 0.08520 | −0.452% | $3.5M | $5.5M | 50x | as long as short |
| Bybit ZBTUSDT | +0.0100% | 4h | 0.08523 | −0.416% | $932K | $1.1M | 25x | as long as short |
| Gate ZBT_USDT | +0.0100% | 8h | 0.08527 | −0.369% | $555K | $741K | 50x | as long as short |
| MEXC ZBT_USDT | +0.0100% | 4h | 0.08520 | −0.451% | $1.7M | $347K | 100x | as long as short |
| Bitget ZBTUSDT | +0.0100% | 4h | 0.08522 | −0.427% | $6.1M | $339K | 10x | as long as short |
Kraken Futures PF_ZBTUSD
KuCoin ZBTUSDTM
OKX ZBT-USDT-SWAP
Aster ZBTUSDT
Binance ZBTUSDT
Bybit ZBTUSDT
Gate ZBT_USDT
MEXC ZBT_USDT
Bitget ZBTUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ZBT-USDT | +0.0100% | 4h | 0.08519 | −0.463% | — | $1.3M | — | as long as short |
| Variational Omni ZBTlong | +0.0100% | 4h | 0.08559 | long leg | $1K | $12K | — | |
| Extended ZBT-USD | +0.0104% | 1h | 0.08517 | −0.490% | $3K | $200K | 5x | as long as short |
BingX ZBT-USDT
Extended ZBT-USD