Funding arb · Price arb /

ZBT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Variational Omni+0.111%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 MEXC

What this pair did over the last

the charts below follow

Funding, last 3 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: MEXC is 0.111% dearer against Variational Omni than usual: you sell high and buy low, +$11 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	0.08360	0.0100	pay 0.0050% / 4h	2h 41m	$892	$453	—
Short	MEXC ZBT_USDT	0.08369	0.0100	get 0.0050% / 4h	2h 41m	$1.4M	$199K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.111%Rate

Funding earned: $0
Price spread: +0.111% → 0.000%: $11.12
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee MEXC: 2 bp × 2 orders: −$4
Net: $7.12
Costs to cover: 0.040%
Break-even: from the start

Slippage unknown: Variational Omni: no order-book sample; MEXC: live order book, 10 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 MEXC live order book, 10 min ago	1.19 bp	11.5 bp −$11	78.2 bp −$782	262.1 bp −$26.2K	709.9 bp −$355.0K

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	−0.0476%	1h	0.08359	−0.012%	$7K	$6K	10x	as long as short
BloFin ZBT-USDT	+0.0072%	4h	0.08374	+0.171%	$147K	$20K	50x	as long as short
Aster ZBTUSDT	+0.0100%	4h	0.08373	+0.153%	$10K	$15K	5x	as long as short
Binance ZBTUSDT	+0.0100%	4h	0.08361	+0.016%	$3.2M	$2.6M	50x	as long as short
Bybit ZBTUSDT	+0.0100%	4h	0.08358	−0.020%	$856K	$447K	25x	as long as short
OKX ZBT-USDT-SWAP	+0.0100%	4h	0.08367	+0.087%	$558K	$1.4M	10x	as long as short
Gate ZBT_USDT	+0.0100%	8h	0.08370	+0.123%	$541K	$546K	50x	as long as short
MEXC ZBT_USDTshort	+0.0100%	4h	0.08369	+0.111%	$1.4M	$199K	100x
KuCoin ZBTUSDTM	+0.0100%	4h	0.08369	+0.111%	$732K	$9.8M	50x	as long as short
Bitget ZBTUSDT	+0.0100%	4h	0.08356	−0.044%	$6.0M	$140K	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	0.08363	+0.039%	—	$1.3M	—	as long as short
Variational Omni ZBTlong	+0.0100%	4h	0.08360	long leg	$892	$453	—
Extended ZBT-USD	+0.0104%	1h	0.08359	−0.006%	$4K	$122K	5x	as long as short