Funding you earn now, next payment 12:00 UTC+0.0007%/8h= +0.8% APRnext payment +$0.04 per $10,000 · paid last 24h +0.001%
Price spread now: OKX against KuCoin−0.058%7-day average +0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$148as in the Price arb table
costs, in and out, $10k−$1361.358% of the position
Funding, last 7 days+0.221%+$22 on $10k
+Price spread, last 7 days+0.138%+$14 · spread now −0.058%, 7d avg +0.066%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.124% cheaper against KuCoin than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.066%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ZBTUSDTM | 0.08554 | 0.0028 | pay 0.0014% / 4h | 3h 26m | $643K | $9.5M | 50x |
| Short | OKX ZBT-USDT-SWAP | 0.08549 | 0.0035 | get 0.0018% / 4h | 3h 26m | $623K | $2.3M | 10x |
KuCoin ZBTUSDTM
OKX ZBT-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against KuCoin. 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
- $1.47
- Price spread: −0.058% → +0.066%
- −$12.42
- Slippage, 4 orders
- −$113.84
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$146.78
- Costs to cover
- 1.358%
- Break-even
- 705.2 days
Slippage from KuCoin: live order book, 2 min ago; OKX: live order book, 5 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 KuCoin live order book, 2 min ago | 2.34 bp | 52.0 bp −$52 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 0.59 bp | 9.6 bp −$10 | 270.4 bp −$2,704 | 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 | −0.0655% | 1h | 0.08547 | −0.077% | $8K | $3K | 10x | as long as short |
| KuCoin ZBTUSDTMlong | +0.0028% | 4h | 0.08554 | long leg | $643K | $9.5M | 50x | |
| OKX ZBT-USDT-SWAPshort | +0.0035% | 4h | 0.08549 | −0.058% | $623K | $2.3M | 10x | |
| BloFin ZBT-USDT | +0.0058% | 4h | 0.08561 | +0.082% | $150K | $42K | 50x | as long as short |
| Aster ZBTUSDT | +0.0100% | 4h | 0.08548 | −0.075% | $9K | $48K | 5x | as long as short |
| Binance ZBTUSDT | +0.0100% | 4h | 0.08555 | +0.008% | $3.5M | $5.5M | 50x | as long as short |
| Bybit ZBTUSDT | +0.0100% | 4h | 0.08555 | +0.012% | $932K | $1.1M | 25x | as long as short |
| Gate ZBT_USDT | +0.0100% | 8h | 0.08558 | +0.047% | $557K | $744K | 50x | as long as short |
| MEXC ZBT_USDT | +0.0100% | 4h | 0.08555 | +0.012% | $1.7M | $353K | 100x | as long as short |
| Bitget ZBTUSDT | +0.0100% | 4h | 0.08550 | −0.047% | $6.2M | $341K | 10x | as long as short |
Kraken Futures PF_ZBTUSD
BloFin ZBT-USDT
Aster ZBTUSDT
Binance ZBTUSDT
Bybit ZBTUSDT
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 | 0.08552 | −0.023% | — | $1.3M | — | as long as short |
| Variational Omni ZBT | +0.0100% | 4h | 0.08536 | −0.215% | $1K | $12K | — | as long as short |
| Extended ZBT-USD | +0.0104% | 1h | 0.08553 | −0.016% | $3K | $200K | 5x | as long as short |
BingX ZBT-USDT
Variational Omni ZBT
Extended ZBT-USD