Funding you earn now, next payment 04:00 UTC−0.0158%/8h= −17.3% APRnext payment −$0.79 per $10,000 · paid last 24h −0.041%
Price spread now: KuCoin against BloFin0.000%7-day average +0.160% · you sell dearer than you buy
Net, funding: paid 7d − costs−$236as in the Funding arb table
Net, price: spread back to 7d avg − costs−$241as in the Price arb table
costs, in and out, $10k−$2252.254% of the position
Funding, last 7 days−0.105%−$11 on $10k
+Price spread, last 4 days (all we have)−0.643%−$64 · spread now 0.000%, 7d avg +0.160%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and KuCoin is 0.160% cheaper against BloFin than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.160%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ZETA-USDT | 0.06410 | −0.1592 | get 0.0796% / 4h | 1h 05m | $432K | $1.4M | 50x |
| Short | KuCoin ZETAUSDTM | 0.06410 | −0.1750 | pay 0.0875% / 4h | 1h 05m | $1.2M | $5.8M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BloFin. 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
- −$33.25
- Price spread: 0.000% → +0.160%
- −$15.96
- Slippage, 4 orders
- −$201.42
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$274.63
- Costs to cover
- 2.254%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 2 min ago; KuCoin: live order book, 3 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 BloFin live order book, 2 min ago | 11.74 bp | 25.9 bp −$26 | 84.2 bp −$842 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 13.23 bp | 84.7 bp −$85 | doesn't fit | doesn't fit | doesn't fit |
ZETA 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZETAUSDTMshort | −0.1750% | 4h | 0.06410 | 0.000% | $1.2M | $5.8M | 20x | |
| OKX ZETA-USDT-SWAP | −0.1705% | 4h | 0.06389 | −0.328% | $1.4M | $59.4M | 20x | as long as short |
| Kraken Futures PF_ZETAUSD | −0.1608% | 1h | 0.06401 | −0.147% | $50K | $731K | 10x | as long as short |
| BloFin ZETA-USDTlong | −0.1592% | 4h | 0.06410 | long leg | $432K | $1.4M | 50x | |
| MEXC ZETA_USDT | −0.1578% | 4h | 0.06406 | −0.062% | $1.2M | $12.6M | 50x | as long as short |
| Binance ZETAUSDT | −0.1558% | 4h | 0.06415 | +0.073% | $9.1M | $359.4M | 50x | as long as short |
| Variational Omni ZETA | −0.1454% | 4h | 0.06372 | −0.597% | $121K | $767K | — | as long as short |
| Gate ZETA_USDT | −0.1300% | 4h | 0.06404 | −0.094% | $651K | $11.0M | 25x | as long as short |
| Hyperliquid ZETA | −0.1096% | 1h | 0.06394 | −0.250% | $1.8M | $4.1M | 3x | as long as short |
| Bybit ZETAUSDT | −0.0964% | 4h | 0.06394 | −0.250% | $5.8M | $93.1M | 25x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective ZETA/USDC PERP | +0.0033% | 1h | 0.06460 | +0.780% | $1K | $5K | 5.5x | as long as short |
| Bitget ZETAUSDT | +0.0100% | 4h | 0.06397 | −0.203% | $2.5M | $69.7M | 50x | as long as short |
| BingX ZETA-USDT | +0.0100% | 4h | 0.06403 | −0.109% | — | $7.8M | — | as long as short |
BloFin ZETA-USDT
KuCoin ZETAUSDTM
OKX ZETA-USDT-SWAP
Kraken Futures PF_ZETAUSD
MEXC ZETA_USDT
Binance ZETAUSDT
Variational Omni ZETA
Gate ZETA_USDT
Hyperliquid ZETA
Bybit ZETAUSDT
Injective ZETA/USDC PERP
Bitget ZETAUSDT
BingX ZETA-USDT