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 Binance−0.118%7-day average +0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$237as in the Funding arb table
Net, price: spread back to 7d avg − costs−$255as in the Price arb table
costs, in and out, $10k−$2402.403% of the position
Funding, last 7 days+0.033%+$3 on $10k
+Price spread, last 7 days+0.129%+$13 · spread now −0.118%, 7d avg +0.032%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.150% cheaper against Binance than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.032%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZBTUSDT | 0.08692 | 0.0100 | pay 0.0050% / 4h | 2h 53m | $3.6M | $4.1M | 50x |
| Short | KuCoin ZBTUSDTM | 0.08682 | 0.0100 | get 0.0050% / 4h | 2h 53m | $706K | $9.4M | 50x |
Binance ZBTUSDT
KuCoin ZBTUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.118% → +0.032%
- −$15.02
- Slippage, 4 orders
- −$218.33
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$255.36
- Costs to cover
- 2.403%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; KuCoin: live order book, 10 min ago.
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 Binance live order book, 12 min ago | 0.58 bp | 39.9 bp −$40 | 132.0 bp −$1,320 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 5.20 bp | 102.4 bp −$102 | 674.3 bp −$6,743 | doesn't fit | doesn't fit |
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 | −0.0702% | 1h | 0.08664 | −0.324% | $7K | $1K | 10x | as long as short |
| Aster ZBTUSDT | +0.0100% | 4h | 0.08695 | +0.030% | $13K | $35K | 5x | as long as short |
| Binance ZBTUSDTlong | +0.0100% | 4h | 0.08692 | long leg | $3.6M | $4.1M | 50x | |
| Bybit ZBTUSDT | +0.0100% | 4h | 0.08686 | −0.072% | $935K | $775K | 25x | as long as short |
| OKX ZBT-USDT-SWAP | +0.0100% | 4h | 0.08678 | −0.164% | $588K | $1.9M | 10x | as long as short |
| MEXC ZBT_USDT | +0.0100% | 4h | 0.08689 | −0.038% | $1.5M | $235K | 100x | as long as short |
| KuCoin ZBTUSDTMshort | +0.0100% | 4h | 0.08682 | −0.118% | $706K | $9.4M | 50x | |
| Bitget ZBTUSDT | +0.0100% | 4h | 0.08676 | −0.187% | $6.2M | $236K | 10x | as long as short |
| BingX ZBT-USDT | +0.0100% | 4h | 0.08685 | −0.084% | — | $1.3M | — | as long as short |
| Variational Omni ZBT | +0.0100% | 4h | 0.08735 | +0.491% | $7K | $6K | — | as long as short |
Kraken Futures PF_ZBTUSD
Aster ZBTUSDT
Bybit ZBTUSDT
OKX ZBT-USDT-SWAP
MEXC ZBT_USDT
Bitget ZBTUSDT
BingX ZBT-USDT
Variational Omni ZBTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended ZBT-USD | +0.0104% | 1h | 0.08683 | −0.110% | $3K | $194K | 5x | as long as short |
| BloFin ZBT-USDT | +0.0142% | 4h | 0.08686 | −0.072% | $161K | $23K | 50x | as long as short |
| Gate ZBT_USDT | +0.0212% | 8h | 0.08691 | −0.015% | $555K | $614K | 50x | as long as short |
Extended ZBT-USD
BloFin ZBT-USDT
Gate ZBT_USDT