Funding arb · Price arb /

ZBT

all ZBT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Gate against Variational Omni−0.030%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Gate

What this pair did over the last

the charts below follow

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

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.030% cheaper against Variational Omni than usual: you would sell low and buy high, −$3 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni ZBT	0.08666	0.0100	pay 0.0050% / 4h	3h 49m	$1K	$13K	—
Short	Gate ZBT_USDT	0.08663	0.0100	get 0.0100% / 8h	7h 49m	$566K	$726K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 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 Variational OmnibpFee GatebpOrdersPrice spread, now −0.030%Rate

Funding earned: $0
Price spread: −0.030% → 0.000%: −$2.97
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$17.97
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Variational Omni: no order-book sample; Gate: live order book, 47 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 Gate live order book, 47 min ago	4.61 bp	47.3 bp −$47	doesn't fit	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	−0.0647%	1h	0.08658	−0.085%	$8K	$3K	10x	as long as short
KuCoin ZBTUSDTM	−0.0074%	4h	0.08656	−0.110%	$629K	$9.4M	50x	as long as short
OKX ZBT-USDT-SWAP	+0.0007%	4h	0.08636	−0.341%	$632K	$2.3M	10x	as long as short
BloFin ZBT-USDT	+0.0059%	4h	0.08657	−0.099%	$152K	$42K	50x	as long as short
Aster ZBTUSDT	+0.0100%	4h	0.08661	−0.053%	$9K	$48K	5x	as long as short
Binance ZBTUSDT	+0.0100%	4h	0.08648	−0.203%	$3.6M	$5.4M	50x	as long as short
Bybit ZBTUSDT	+0.0100%	4h	0.08656	−0.110%	$948K	$1.1M	25x	as long as short
Gate ZBT_USDTshort	+0.0100%	8h	0.08663	−0.030%	$566K	$726K	50x
MEXC ZBT_USDT	+0.0100%	4h	0.08646	−0.226%	$1.7M	$341K	100x	as long as short
Bitget ZBTUSDT	+0.0100%	4h	0.08662	−0.041%	$6.2M	$335K	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	0.08644	−0.249%	—	$1.3M	—	as long as short
Variational Omni ZBTlong	+0.0100%	4h	0.08666	long leg	$1K	$13K	—
Extended ZBT-USD	+0.0104%	1h	0.08644	−0.248%	$3K	$204K	5x	as long as short