Funding you earn now, next payment 00:00 UTC−0.0006%/8h= −0.7% APRnext payment −$0.03 per $10,000 · paid last 24h −0.010%
Price spread now: KuCoin against BloFin+0.331%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$1141.140% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 3 days (all we have)+0.057%+$6 · spread now +0.331%, 7d avg +0.027%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.305% dearer against BloFin than usual: you sell high and buy low, +$30 on $10k if it goes back to its 7-day average of +0.027%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ZRO-USDT | 1.1777 | 0.0106 | pay 0.0053% / 4h | 2h 08m | $1.1M | $264K | 75x |
| Short | KuCoin ZROUSDTM | 1.1816 | 0.0100 | get 0.0050% / 4h | 2h 08m | $2.9M | $1.8M | 50x |
BloFin ZRO-USDT
KuCoin ZROUSDTMFunding 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
- −$1.35
- Price spread: +0.331% → +0.027%
- $30.46
- Slippage, 4 orders
- −$89.96
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$84.86
- Costs to cover
- 1.140%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 9 min ago; KuCoin: live order book, 8 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, 9 min ago | 1.26 bp | 16.3 bp −$16 | 34.2 bp −$342 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 8 min ago | 5.06 bp | 37.0 bp −$37 | 108.2 bp −$1,082 | 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ZROUSD | −0.0432% | 1h | 1.1790 | +0.115% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | −0.0050% | 4h | 1.1817 | +0.340% | $21K | $7K | 10x | as long as short |
| dYdX ZRO-USD | +0.0044% | 1h | 1.1790 | +0.110% | $21K | $2K | 5x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1814 | +0.316% | $4.5M | $1.4M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1829 | +0.442% | $37.5M | $6.4M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1817 | +0.341% | $158K | $160K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1798 | +0.176% | $138K | $191K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1814 | +0.311% | $22.3M | $32.8M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1802 | +0.212% | $18.1M | $15.5M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1814 | +0.314% | $3.2M | $8.9M | 20x | as long as short |
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
dYdX ZRO-USD
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
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 | 1.1820 | +0.365% | $1.3M | $2.0M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1816 | +0.331% | $19.1M | $3.5M | 125x | as long as short |
| KuCoin ZROUSDTMshort | +0.0100% | 4h | 1.1816 | +0.331% | $2.9M | $1.8M | 50x | |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1815 | +0.323% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1814 | +0.314% | — | $10.9M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1821 | +0.374% | $95K | $206K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1777 | +0.002% | $2.2M | $861K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1790 | +0.110% | $37K | $681K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1823 | +0.391% | $88K | $913K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1820 | +0.365% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDTlong | +0.0106% | 4h | 1.1777 | long leg | $1.1M | $264K | 75x | |
| Nado ZRO-PERP | +0.0172% | 1h | 1.1806 | +0.245% | $1.3M | $130K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1824 | +0.395% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0317% | 1h | 1.1831 | +0.456% | $251K | $569K | 25x | as long as short |
| Injective ZRO/USDC PERP | +0.1237% | 1h | 1.1830 | +0.450% | $12K | $175K | 12x | as long as short |
| Extended ZRO-USD | +0.2128% | 1h | 1.1813 | +0.308% | $784K | $539K | 10x | 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
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Injective ZRO/USDC PERP
Extended ZRO-USD