Funding you earn now, next payment 04:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h −0.871%
Price spread now: KuCoin against BingX−0.071%7-day average +0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$873as in the Funding arb table
Net, price: spread back to 7d avg − costs−$816as in the Price arb table
costs, in and out, $10k−$8068.059% of the position
Funding, last 7 days−0.669%−$67 on $10k
+Price spread, last 4 days (all we have)+0.071%+$7 · spread now −0.071%, 7d avg +0.024%
=Funding pays, the price is against you. KuCoin is 0.096% cheaper against BingX than usual: you would sell low and buy high (spread −0.071% now, against its 7-day average of +0.024%). If the spread goes back, that is −$10 on $10k: about 11 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.669%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZKC-USDT | 0.04199 | 0.0070 | pay 0.0035% / 4h | 44m 04s | — | $2.4M | — |
| Short | KuCoin ZKCUSDTM | 0.04196 | 0.0100 | get 0.0050% / 4h | 44m 04s | $254K | $53K | 25x |
BingX ZKC-USDT
KuCoin ZKCUSDTMFunding 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
- $6.3
- Price spread: −0.071% → +0.024%
- −$9.56
- Slippage, 4 orders
- −$783.94
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$809.21
- Costs to cover
- 8.059%
- Break-even
- 906.1 days
Slippage from BingX: live order book, 5 min ago; KuCoin: live order book, 37 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 | 4.80 bp | 27.7 bp −$28 | 84.0 bp −$840 | 1005.8 bp −$100.6K | 1324.8 bp −$662.4K |
| Sell KuCoin live order book, 37 min ago | 9.43 bp | 461.0 bp −$461 | doesn't fit | doesn't fit | doesn't fit |
ZKC 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX ZKC-USDTlong | +0.0070% | 4h | 0.04199 | long leg | — | $2.4M | — | |
| Aster ZKCUSDT | +0.0100% | 4h | 0.04199 | −0.009% | $5K | $2K | 5x | as long as short |
| Binance ZKCUSDT | +0.0100% | 4h | 0.04199 | +0.003% | $2.2M | $3.6M | 25x | as long as short |
| Gate ZKC_USDT | +0.0100% | 4h | 0.04203 | +0.095% | $185K | $153K | 25x | as long as short |
| MEXC ZKC_USDT | +0.0100% | 4h | 0.04199 | 0.000% | $358K | $144K | 20x | as long as short |
| KuCoin ZKCUSDTMshort | +0.0100% | 4h | 0.04196 | −0.071% | $254K | $53K | 25x | |
| Bitget ZKCUSDT | +0.0100% | 4h | 0.04202 | +0.071% | $427K | $194K | 25x | as long as short |
| SunX ZKC-USDT | +0.0100% | 4h | 0.04197 | −0.048% | — | $1.1M | 10x | as long as short |
| HTX ZKC-USDT | +0.0100% | 4h | 0.04202 | +0.071% | $5K | $338K | 20x | as long as short |
| Variational Omni ZKC | +0.0384% | 4h | 0.04181 | −0.423% | $30K | $30K | — | as long as short |
Aster ZKCUSDT
Binance ZKCUSDT
Gate ZKC_USDT
MEXC ZKC_USDT
Bitget ZKCUSDT
SunX ZKC-USDT
HTX ZKC-USDT
Variational Omni ZKCShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZKCUSDT | +0.0417% | 4h | 0.04195 | −0.095% | $885K | $697K | 25x | as long as short |
Bybit ZKCUSDT