Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Binance−0.243%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$152as in the Price arb table
costs, in and out, $10k−$1271.273% of the position
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 7 days+0.229%+$23 · spread now −0.243%, 7d avg +0.008%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.251% cheaper against Binance than usual: you would sell low and buy high, −$25 on $10k if it goes back to its 7-day average of +0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZROUSDT | 1.1711 | 0.0100 | pay 0.0050% / 4h | 2h 14m | $21.9M | $29.4M | 75x |
| Short | KuCoin ZROUSDTM | 1.1683 | 0.0100 | get 0.0050% / 4h | 2h 14m | $2.4M | $2.0M | 50x |
Binance ZROUSDT
KuCoin ZROUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. 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
- $0
- Price spread: −0.243% → +0.008%
- −$25.1
- Slippage, 4 orders
- −$105.28
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$152.38
- Costs to cover
- 1.273%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 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 Binance live order book, 12 min ago | 0.87 bp | 13.1 bp −$13 | 31.4 bp −$314 | 343.8 bp −$34.4K | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 3.00 bp | 32.0 bp −$32 | 135.6 bp −$1,356 | doesn't fit | doesn't fit |
ZRO on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ZRO-USD | +0.0008% | 1h | 1.1689 | −0.188% | $21K | $5K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0069% | 4h | 1.1689 | −0.192% | $20K | $4K | 10x | as long as short |
| BloFin ZRO-USDT | +0.0086% | 4h | 1.1691 | −0.175% | $1.0M | $253K | 75x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1717 | +0.050% | $4.4M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1712 | +0.005% | $37.2M | $5.5M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1711 | 0.000% | $158K | $151K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1699 | −0.104% | $138K | $175K | 5x | as long as short |
| Binance ZROUSDTlong | +0.0100% | 4h | 1.1711 | long leg | $21.9M | $29.4M | 75x | |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1710 | −0.013% | $17.9M | $13.6M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1702 | −0.081% | $3.2M | $7.8M | 20x | as long as short |
dYdX ZRO-USD
Orderly PERP_ZRO_USDC
BloFin ZRO-USDT
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Bybit ZROUSDT
OKX ZRO-USDT-SWAPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ZRO_USDT | +0.0100% | 4h | 1.1700 | −0.098% | $1.3M | $1.5M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1699 | −0.106% | $19.2M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTMshort | +0.0100% | 4h | 1.1683 | −0.243% | $2.4M | $2.0M | 50x | |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1701 | −0.089% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1707 | −0.038% | — | $16.6M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1692 | −0.166% | $94K | $220K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1682 | −0.251% | $2.3M | $809K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1680 | −0.269% | $39K | $676K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1709 | −0.021% | $102K | $815K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1680 | −0.269% | $21K | — | 3x | as long as short |
| 01 Exchange ZROUSD | +0.0128% | 1h | 1.1712 | +0.002% | $4K | $5K | 5x | as long as short |
| Nado ZRO-PERP | +0.0161% | 1h | 1.1709 | −0.019% | $1.3M | $126K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1684 | −0.233% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0703% | 1h | 1.1693 | −0.156% | $253K | $335K | 25x | as long as short |
| Extended ZRO-USD | +0.0952% | 1h | 1.1711 | −0.005% | $799K | $625K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1343% | 1h | 1.1740 | +0.244% | $12K | $261K | 12x | as long as short |
Gate ZRO_USDT
MEXC ZRO_USDT
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
01 Exchange ZROUSD
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP