Funding you earn now, next payment 04:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.90 per $10,000 · paid last 24h +0.019%
Price spread now: BingX against KuCoin+0.121%7-day average −0.101% · you sell dearer than you buy
Net, funding: paid 7d − costs−$164as in the Funding arb table
Net, price: spread back to 7d avg − costs−$144as in the Price arb table
costs, in and out, $10k−$1671.665% of the position
Funding, last 7 days+0.023%+$2 on $10k
+Price spread, last 4 days (all we have)−0.268%−$27 · spread now +0.121%, 7d avg −0.101%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and BingX is 0.222% dearer against KuCoin than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of −0.101%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ZETAUSDTM | 0.05798 | −0.2058 | get 0.1029% / 4h | 1h 59m | $1.1M | $5.6M | 20x |
| Short | BingX ZETA-USDT | 0.05805 | −0.1878 | pay 0.0939% / 4h | 1h 59m | — | $7.5M | — |
KuCoin ZETAUSDTM
BingX ZETA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $37.8
- Price spread: +0.121% → −0.101%
- $22.21
- Slippage, 4 orders
- −$144.53
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$106.52
- Costs to cover
- 1.665%
- Break-even
- 26.7 days
Slippage from KuCoin: live order book, 4 min ago; BingX: live order book, 9 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, 4 min ago | 12.90 bp | 62.7 bp −$63 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 3.44 bp | 14.6 bp −$15 | 39.6 bp −$396 | 313.0 bp −$31.3K | 666.1 bp −$333.1K |
ZETA 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZETAUSDTMlong | −0.2058% | 4h | 0.05798 | long leg | $1.1M | $5.6M | 20x | |
| OKX ZETA-USDT-SWAP | −0.1985% | 4h | 0.05785 | −0.224% | $1.1M | $51.8M | 20x | as long as short |
| BingX ZETA-USDTshort | −0.1878% | 4h | 0.05805 | +0.121% | — | $7.5M | — | |
| MEXC ZETA_USDT | −0.1854% | 4h | 0.05798 | 0.000% | $1.1M | $12.3M | 50x | as long as short |
| Binance ZETAUSDT | −0.1847% | 4h | 0.05791 | −0.128% | $8.0M | $346.1M | 50x | as long as short |
| Kraken Futures PF_ZETAUSD | −0.1778% | 1h | 0.05787 | −0.189% | $48K | $719K | 10x | as long as short |
| Gate ZETA_USDT | −0.1582% | 4h | 0.05809 | +0.190% | $592K | $10.6M | 25x | as long as short |
| Variational Omni ZETA | −0.1501% | 4h | 0.05825 | +0.474% | $112K | $757K | — | as long as short |
| Hyperliquid ZETA | −0.1044% | 1h | 0.05781 | −0.293% | $1.6M | $4.0M | 3x | as long as short |
| Bybit ZETAUSDT | −0.0963% | 4h | 0.05785 | −0.224% | $5.1M | $89.4M | 25x | as long as short |
OKX ZETA-USDT-SWAP
MEXC ZETA_USDT
Binance ZETAUSDT
Kraken Futures PF_ZETAUSD
Gate ZETA_USDT
Variational Omni ZETA
Hyperliquid ZETA
Bybit ZETAUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective ZETA/USDC PERP | +0.0033% | 1h | 0.06460 | +11.418% | $1K | $5K | 5.5x | as long as short |
| Bitget ZETAUSDT | +0.0100% | 4h | 0.05788 | −0.172% | $2.3M | $66.7M | 50x | as long as short |
Injective ZETA/USDC PERP
Bitget ZETAUSDT