Funding arb · Price arb /

ZBT

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Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: OKX against Variational Omni+0.095%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 OKX

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: OKX is 0.095% dearer against Variational Omni than usual: you sell high and buy low, +$9 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	0.08302	0.0100	pay 0.0050% / 4h	1h 59m	$886	$453	—
Short	OKX ZBT-USDT-SWAP	0.08310	0.0100	get 0.0050% / 4h	1h 59m	$584K	$1.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.095%Rate

Funding earned: $0
Price spread: +0.095% → 0.000%: $9.48
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee OKX: 5 bp × 2 orders: −$10
Net: −$0.52
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Variational Omni: no order-book sample; OKX: live order book, 2 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 OKX live order book, 2 min ago	1.20 bp	30.6 bp −$31	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	−0.0885%	1h	0.08304	+0.022%	$7K	$6K	10x	as long as short
BloFin ZBT-USDT	+0.0077%	4h	0.08295	−0.086%	$146K	$12K	50x	as long as short
Aster ZBTUSDT	+0.0100%	4h	0.08308	+0.067%	$11K	$15K	5x	as long as short
Binance ZBTUSDT	+0.0100%	4h	0.08314	+0.143%	$3.1M	$2.5M	50x	as long as short
Bybit ZBTUSDT	+0.0100%	4h	0.08312	+0.119%	$865K	$425K	25x	as long as short
OKX ZBT-USDT-SWAPshort	+0.0100%	4h	0.08310	+0.095%	$584K	$1.3M	10x
Gate ZBT_USDT	+0.0100%	8h	0.08310	+0.095%	$536K	$529K	50x	as long as short
MEXC ZBT_USDT	+0.0100%	4h	0.08314	+0.143%	$1.4M	$200K	100x	as long as short
KuCoin ZBTUSDTM	+0.0100%	4h	0.08306	+0.047%	$715K	$9.8M	50x	as long as short
Bitget ZBTUSDT	+0.0100%	4h	0.08316	+0.167%	$6.0M	$138K	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	0.08308	+0.071%	—	$1.3M	—	as long as short
Variational Omni ZBTlong	+0.0100%	4h	0.08302	long leg	$886	$453	—
Extended ZBT-USD	+0.0104%	1h	0.08308	+0.071%	$2K	$159K	5x	as long as short