Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.017%
Price spread now: KuCoin against Gate−0.036%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$186as in the Funding arb table
Net, price: spread back to 7d avg − costs−$188as in the Price arb table
costs, in and out, $10k−$1881.879% of the position
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 4 days (all we have)−0.013%−$1 · spread now −0.036%, 7d avg −0.031%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ZBT_USDT | 0.08386 | 0.0100 | pay 0.0100% / 8h | 5h 33m | $538K | $544K | 50x |
| Short | KuCoin ZBTUSDTM | 0.08383 | 0.0100 | get 0.0050% / 4h | 1h 33m | $732K | $9.7M | 50x |
Gate ZBT_USDT
KuCoin ZBTUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. 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: −0.036% → −0.031%
- −$0.46
- Slippage, 4 orders
- −$160.94
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$188.4
- Costs to cover
- 1.879%
- Break-even
- never at this rate
Slippage from Gate: live order book, 27 min ago; KuCoin: live order book, 4 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 Gate live order book, 27 min ago | 2.97 bp | 44.7 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 1.79 bp | 49.0 bp −$49 | 644.2 bp −$6,442 | 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 | −0.0534% | 1h | 0.08380 | −0.070% | $7K | $7K | 10x | as long as short |
| Aster ZBTUSDT | +0.0100% | 4h | 0.08387 | +0.016% | $10K | $15K | 5x | as long as short |
| Binance ZBTUSDT | +0.0100% | 4h | 0.08391 | +0.060% | $3.2M | $2.6M | 50x | as long as short |
| Bybit ZBTUSDT | +0.0100% | 4h | 0.08388 | +0.024% | $860K | $440K | 25x | as long as short |
| OKX ZBT-USDT-SWAP | +0.0100% | 4h | 0.08384 | −0.024% | $554K | $1.4M | 10x | as long as short |
| Gate ZBT_USDTlong | +0.0100% | 8h | 0.08386 | long leg | $538K | $544K | 50x | |
| MEXC ZBT_USDT | +0.0100% | 4h | 0.08389 | +0.036% | $1.4M | $199K | 100x | as long as short |
| KuCoin ZBTUSDTMshort | +0.0100% | 4h | 0.08383 | −0.036% | $732K | $9.7M | 50x | |
| Bitget ZBTUSDT | +0.0100% | 4h | 0.08381 | −0.060% | $6.0M | $135K | 10x | as long as short |
| BingX ZBT-USDT | +0.0100% | 4h | 0.08388 | +0.024% | — | $1.3M | — | as long as short |
Kraken Futures PF_ZBTUSD
Aster ZBTUSDT
Binance ZBTUSDT
Bybit ZBTUSDT
OKX ZBT-USDT-SWAP
MEXC ZBT_USDT
Bitget ZBTUSDT
BingX ZBT-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ZBT | +0.0100% | 4h | 0.08382 | −0.049% | $893 | $453 | — | as long as short |
| Extended ZBT-USD | +0.0104% | 1h | 0.08386 | −0.004% | $895 | $116K | 5x | as long as short |
| BloFin ZBT-USDT | +0.0137% | 4h | 0.08401 | +0.179% | $150K | $20K | 50x | as long as short |
Variational Omni ZBT
Extended ZBT-USD
BloFin ZBT-USDT