Funding arb · Price arb /

ZBT

all ZBT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.017%

Price spread now: KuCoin against Variational Omni+0.053%7-day average — · you sell dearer than you buy

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

Long on Variational Omni Short on KuCoin

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: KuCoin is 0.053% dearer against Variational Omni than usual: you sell high and buy low, +$5 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	0.08412	0.0100	pay 0.0050% / 4h	3h 44m	$898	$453	—
Short	KuCoin ZBTUSDTM	0.08416	0.0100	get 0.0050% / 4h	3h 44m	$738K	$9.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.053%Rate

Funding earned: $0
Price spread: +0.053% → 0.000%: $5.32
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$6.68
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Variational Omni: no order-book sample; KuCoin: live order book, 3 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 KuCoin live order book, 3 min ago	1.19 bp	49.9 bp −$50	650.2 bp −$6,502	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	−0.0674%	1h	0.08413	+0.016%	$7K	$7K	10x	as long as short
BloFin ZBT-USDT	+0.0085%	4h	0.08419	+0.089%	$151K	$21K	50x	as long as short
Aster ZBTUSDT	+0.0100%	4h	0.08412	0.000%	$11K	$14K	5x	as long as short
Binance ZBTUSDT	+0.0100%	4h	0.08419	+0.091%	$3.2M	$2.6M	50x	as long as short
Bybit ZBTUSDT	+0.0100%	4h	0.08411	−0.006%	$866K	$429K	25x	as long as short
OKX ZBT-USDT-SWAP	+0.0100%	4h	0.08422	+0.124%	$559K	$1.4M	10x	as long as short
MEXC ZBT_USDT	+0.0100%	4h	0.08418	+0.077%	$1.4M	$190K	100x	as long as short
KuCoin ZBTUSDTMshort	+0.0100%	4h	0.08416	+0.053%	$738K	$9.3M	50x
Bitget ZBTUSDT	+0.0100%	4h	0.08412	+0.006%	$6.0M	$134K	10x	as long as short
BingX ZBT-USDT	+0.0100%	4h	0.08419	+0.089%	—	$1.3M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni ZBTlong	+0.0100%	4h	0.08412	long leg	$898	$453	—
Extended ZBT-USD	+0.0104%	1h	0.08414	+0.033%	$3K	$116K	5x	as long as short
Gate ZBT_USDT	+0.0459%	8h	0.08419	+0.089%	$537K	$523K	50x	as long as short