Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.018%
Price spread now: KuCoin against OKX+0.131%7-day average −0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$1231.234% of the position
Funding, last 7 days−0.215%−$22 on $10k
+Price spread, last 7 days−0.103%−$10 · spread now +0.131%, 7d avg −0.068%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.199% dearer against OKX than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of −0.068%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ZBT-USDT-SWAP | 0.08397 | 0.0100 | pay 0.0050% / 4h | 1h 58m | $557K | $1.4M | 10x |
| Short | KuCoin ZBTUSDTM | 0.08408 | 0.0100 | get 0.0050% / 4h | 1h 58m | $741K | $9.8M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against OKX. 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: +0.131% → −0.068%
- $19.92
- Slippage, 4 orders
- −$101.41
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$103.49
- Costs to cover
- 1.234%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 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 OKX live order book, 3 min ago | 0.60 bp | 10.2 bp −$10 | 193.5 bp −$1,935 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 1.19 bp | 36.1 bp −$36 | 677.1 bp −$6,771 | doesn't fit | doesn't fit |
ZBT on 12 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 | 0.08375 | −0.268% | $7K | $7K | 10x | as long as short |
| Aster ZBTUSDT | +0.0100% | 4h | 0.08410 | +0.160% | $10K | $15K | 5x | as long as short |
| Binance ZBTUSDT | +0.0100% | 4h | 0.08408 | +0.131% | $3.2M | $2.6M | 50x | as long as short |
| Bybit ZBTUSDT | +0.0100% | 4h | 0.08408 | +0.131% | $862K | $437K | 25x | as long as short |
| OKX ZBT-USDT-SWAPlong | +0.0100% | 4h | 0.08397 | long leg | $557K | $1.4M | 10x | |
| MEXC ZBT_USDT | +0.0100% | 4h | 0.08409 | +0.143% | $1.4M | $198K | 100x | as long as short |
| KuCoin ZBTUSDTMshort | +0.0100% | 4h | 0.08408 | +0.131% | $741K | $9.8M | 50x | |
| Bitget ZBTUSDT | +0.0100% | 4h | 0.08403 | +0.071% | $6.0M | $135K | 10x | as long as short |
| BingX ZBT-USDT | +0.0100% | 4h | 0.08406 | +0.107% | — | $1.3M | — | as long as short |
| Variational Omni ZBT | +0.0100% | 4h | 0.08409 | +0.137% | $898 | $453 | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended ZBT-USD | +0.0104% | 1h | 0.08405 | +0.098% | $2K | $119K | 5x | as long as short |
| Gate ZBT_USDT | +0.0320% | 8h | 0.08410 | +0.155% | $542K | $534K | 50x | as long as short |
OKX ZBT-USDT-SWAP
KuCoin ZBTUSDTM
Kraken Futures PF_ZBTUSD
Aster ZBTUSDT
Binance ZBTUSDT
Bybit ZBTUSDT
MEXC ZBT_USDT
Bitget ZBTUSDT
BingX ZBT-USDT
Variational Omni ZBT
Extended ZBT-USD
Gate ZBT_USDT