Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.018%
Price spread now: KuCoin against Bybit−0.012%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$357as in the Funding arb table
Net, price: spread back to 7d avg − costs−$359as in the Price arb table
costs, in and out, $10k−$3613.605% of the position
Funding, last 7 days+0.033%+$3 on $10k
+Price spread, last 4 days (all we have)−0.194%−$19 · spread now −0.012%, 7d avg −0.027%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ZBTUSDT | 0.08311 | 0.0100 | pay 0.0050% / 4h | 2h 09m | $865K | $426K | 25x |
| Short | KuCoin ZBTUSDTM | 0.08310 | 0.0100 | get 0.0050% / 4h | 2h 09m | $715K | $9.8M | 50x |
Bybit ZBTUSDT
KuCoin ZBTUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bybit. 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: −0.012% → −0.027%
- $1.48
- Slippage, 4 orders
- −$337.51
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$359.03
- Costs to cover
- 3.605%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 11 min ago; KuCoin: live order book, 9 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 Bybit live order book, 11 min ago | 4.80 bp | 53.5 bp −$54 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 1.80 bp | 48.6 bp −$49 | 682.9 bp −$6,829 | 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 | −0.0885% | 1h | 0.08300 | −0.129% | $7K | $6K | 10x | as long as short |
| BloFin ZBT-USDT | +0.0094% | 4h | 0.08333 | +0.265% | $147K | $12K | 50x | as long as short |
| Aster ZBTUSDT | +0.0100% | 4h | 0.08314 | +0.036% | $11K | $15K | 5x | as long as short |
| Binance ZBTUSDT | +0.0100% | 4h | 0.08307 | −0.043% | $3.1M | $2.5M | 50x | as long as short |
| Bybit ZBTUSDTlong | +0.0100% | 4h | 0.08311 | long leg | $865K | $426K | 25x | |
| OKX ZBT-USDT-SWAP | +0.0100% | 4h | 0.08303 | −0.096% | $582K | $1.3M | 10x | as long as short |
| Gate ZBT_USDT | +0.0100% | 8h | 0.08307 | −0.048% | $536K | $546K | 50x | as long as short |
| MEXC ZBT_USDT | +0.0100% | 4h | 0.08307 | −0.048% | $1.4M | $208K | 100x | as long as short |
| KuCoin ZBTUSDTMshort | +0.0100% | 4h | 0.08310 | −0.012% | $715K | $9.8M | 50x | |
| Bitget ZBTUSDT | +0.0100% | 4h | 0.08320 | +0.108% | $6.0M | $138K | 10x | as long as short |
Kraken Futures PF_ZBTUSD
BloFin ZBT-USDT
Aster ZBTUSDT
Binance ZBTUSDT
OKX ZBT-USDT-SWAP
Gate ZBT_USDT
MEXC ZBT_USDT
Bitget ZBTUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ZBT-USDT | +0.0100% | 4h | 0.08307 | −0.048% | — | $1.3M | — | as long as short |
| Variational Omni ZBT | +0.0100% | 4h | 0.08308 | −0.033% | $888 | $453 | — | as long as short |
| Extended ZBT-USD | +0.0104% | 1h | 0.08306 | −0.056% | $2K | $159K | 5x | as long as short |
BingX ZBT-USDT
Variational Omni ZBT
Extended ZBT-USD