Funding you earn now, next payment 00:00 UTC−0.0024%/8h= −2.6% APRnext payment −$0.12 per $10,000 · paid last 24h −0.001%
Price spread now: KuCoin against BloFin+0.086%80s7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$216as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2152.151% of the position
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 3 days (all we have)−0.182%−$18 · spread now +0.086%, 7d avg +0.021%
=The price spread pays, funding is against you. KuCoin is 0.065% dearer against BloFin than usual: you sell high and buy low (spread +0.086% now, against its 7-day average of +0.021%): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9.0 days. At the pace of the last 7 days (−0.011% in total) that is about 40 days. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ZK-USDT | 0.01165 | 0.0124 | pay 0.0062% / 4h | 1h 16m | $211K | $24K | 75x |
| Short | KuCoin ZKUSDTM | 0.01166 | 0.0100 | get 0.0050% / 4h | 1h 16m | $984K | $998K | 50x |
BloFin ZK-USDT
KuCoin ZKUSDTMFunding 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
- −$5.03
- Price spread: +0.086% → +0.021%
- $6.47
- Slippage, 4 orders
- −$191.1
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$213.66
- Costs to cover
- 2.151%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 59 min ago; KuCoin: live order book, 33 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, 59 min ago | 2.14 bp | 13.0 bp −$13 | 35.8 bp −$358 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 33 min ago | 8.62 bp | 98.8 bp −$99 | 185.2 bp −$1,852 | doesn't fit | doesn't fit |
ZK on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ZK-USDT-SWAP | −0.0014% | 4h | 0.01166 | +0.043% | $942K | $2.3M | 20x | as long as short |
| Injective ZK/USDC PERP | +0.0033% | 1h | 0.01170 | +0.429% | $2K | $31K | 5.5x | as long as short |
| Lighter ZK | +0.0096% | 1h | 0.01168 | +0.258% | $127K | $165K | 8x | as long as short |
| Hyperliquid ZK | +0.0100% | 1h | 0.01167 | +0.197% | $592K | $238K | 5x | as long as short |
| Aster ZKUSDT | +0.0100% | 4h | 0.01167 | +0.167% | $36K | $19K | 10x | as long as short |
| Pacifica ZK | +0.0100% | 1h | 0.01165 | +0.034% | $29K | $3K | 5x | as long as short |
| Binance ZKUSDT | +0.0100% | 4h | 0.01166 | +0.072% | $4.7M | $9.8M | 75x | as long as short |
| Bybit ZKUSDT | +0.0100% | 4h | 0.01166 | +0.060% | $5.0M | $2.6M | 25x | as long as short |
| Gate ZK_USDT | +0.0100% | 8h | 0.01166 | +0.086% | $319K | $247K | 50x | as long as short |
| KuCoin ZKUSDTMshort | +0.0100% | 4h | 0.01166 | +0.086% | $984K | $998K | 50x |
OKX ZK-USDT-SWAP
Injective ZK/USDC PERP
Lighter ZK
Hyperliquid ZK
Aster ZKUSDT
Pacifica ZK
Binance ZKUSDT
Bybit ZKUSDT
Gate ZK_USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ZKUSDT | +0.0100% | 4h | 0.01167 | +0.172% | $1.5M | $863K | 75x | as long as short |
| BingX ZK-USDT | +0.0100% | 4h | 0.01166 | +0.094% | — | $6.7M | — | as long as short |
| Variational Omni ZK | +0.0100% | 4h | 0.01165 | −0.008% | $57K | $15K | — | as long as short |
| GRVT ZK_USDT_Perp | +0.0100% | 4h | 0.01166 | +0.086% | $160K | $2.8M | 10x | as long as short |
| ApeX Omni ZKUSDT | +0.0100% | 1h | 0.01166 | +0.086% | $8K | $622K | 50x | as long as short |
| BloFin ZK-USDTlong | +0.0124% | 4h | 0.01165 | long leg | $211K | $24K | 75x | |
| Kraken Futures PF_ZKUSD | +0.1295% | 1h | 0.01168 | +0.278% | $193K | $43K | 25x | as long as short |
Bitget ZKUSDT
BingX ZK-USDT
Variational Omni ZK
GRVT ZK_USDT_Perp
ApeX Omni ZKUSDT
Kraken Futures PF_ZKUSD