Funding you earn now, next payment 04:00 UTC−0.0296%/8h= −32.4% APRnext payment −$1.48 per $10,000 · paid last 24h −0.064%
Price spread now: KuCoin against BingX−0.150%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,141as in the Price arb table
costs, in and out, $10k−$1,12811.279% of the position
Funding, last 7 days−0.148%−$15 on $10k
+Price spread, last 7 days+0.178%+$18 · spread now −0.150%, 7d avg −0.017%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and KuCoin is 0.133% cheaper against BingX than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.017%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.148% in total (about -7.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.48 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZEREBRO-USDT | 0.03395 | 0.0396 | pay 0.0198% / 4h | 3h 35m | — | $1.3M | — |
| Short | KuCoin ZEREBROUSDTM | 0.03390 | 0.0100 | get 0.0050% / 4h | 3h 35m | $1.4M | $2.9M | 10x |
BingX ZEREBRO-USDT
KuCoin ZEREBROUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BingX. 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
- −$62.16
- Price spread: −0.150% → −0.017%
- −$13.28
- Slippage, 4 orders
- −$1,105.88
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,203.32
- Costs to cover
- 11.279%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; KuCoin: live order book, 2 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 BingX live order book, 5 min ago | 4.86 bp | 25.4 bp −$25 | 278.3 bp −$2,783 | 499.4 bp −$49.9K | 666.7 bp −$333.4K |
| Sell KuCoin live order book, 2 min ago | 15.19 bp | 510.7 bp −$511 | doesn't fit | doesn't fit | doesn't fit |
ZEREBRO on 11 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_ZEREBROUSD | +0.0089% | 1h | 0.03395 | +0.013% | $3K | $2K | 10x | as long as short |
| Bybit ZEREBROUSDT | +0.0100% | 4h | 0.03394 | −0.032% | $5.2M | $870K | 13x | as long as short |
| Gate ZEREBRO_USDT | +0.0100% | 4h | 0.03389 | −0.168% | $453K | $22K | 10x | as long as short |
| KuCoin ZEREBROUSDTMshort | +0.0100% | 4h | 0.03390 | −0.150% | $1.4M | $2.9M | 10x | |
| Variational Omni ZEREBRO | +0.0100% | 4h | 0.03393 | −0.039% | $109K | $14K | — | as long as short |
| BloFin ZEREBRO-USDT | +0.0394% | 4h | 0.03400 | +0.165% | $267K | $12K | 10x | as long as short |
| BingX ZEREBRO-USDTlong | +0.0396% | 4h | 0.03395 | long leg | — | $1.3M | — | |
| Extended ZEREBRO-USD | +0.0408% | 1h | 0.03401 | +0.176% | $1K | $168K | 5x | as long as short |
| MEXC ZEREBRO_USDT | +0.0410% | 4h | 0.03400 | +0.165% | $7.1M | $125K | 50x | as long as short |
| Binance ZEREBROUSDT | +0.0422% | 4h | 0.03400 | +0.163% | $4.6M | $1.3M | 10x | as long as short |
Kraken Futures PF_ZEREBROUSD
Bybit ZEREBROUSDT
Gate ZEREBRO_USDT
Variational Omni ZEREBRO
BloFin ZEREBRO-USDT
Extended ZEREBRO-USD
MEXC ZEREBRO_USDT
Binance ZEREBROUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ZEREBROUSDT | +0.0442% | 4h | 0.03394 | −0.024% | $381K | $22K | 5x | as long as short |
Aster ZEREBROUSDT