ZBCN arbitrage explained
Right now Zebec Network (ZBCN) trades on 7 venues we scan: 4 perpetual markets, 5 spot markets and 0 DEX pools. The lowest ask is on Bybit perp at $0.002501 and the highest bid on OKX spot at $0.002512.
The widest ZBCN perpetual spread is between Bybit and MEXC: long ZBCN on Bybit at $0.002501 and short on MEXC at $0.002501 for -0.01% gross, or -0.17% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is +0.004% per day, which the position collects while it is open.
For a spot–perpetual (cash-and-carry) trade, the best ZBCN route is to buy spot on Bitget and short the perpetual on MEXC: -0.36% gross, -0.56% net, with +0.028% a day of funding on the short leg.
Spot–spot ZBCN arbitrage (buy on Bitget, withdraw, deposit and sell on OKX) shows +0.09% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.
Small ZBCN gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.
Related: ZBCN funding rates · ZBCN spread charts · Zebec Network price · arbitrage scanner for all coins.