Funding you earn now, next payment 06:00 UTC−0.0932%/8h= −102.1% APRpaid last 24h −0.149%
Price spread now: KuCoin against Extended+0.026%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$829as in the Funding arb table
Net, price: spread back to 7d avg − costs−$814as in the Price arb table
costs, in and out, $10k−$8138.129% of the position
Funding, last 7 days−0.165%−$16 on $10k
+Price spread, last 4 days (all we have)−0.109%−$11 · spread now +0.026%, 7d avg +0.042%
=Together, before fees−0.274%+ Points / potential airdropExtended: Active · farm board−$27 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.042%, so right now this pair is about funding alone: −$28 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.165% in total (about -8.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ZRO-USD | 1.1635 | 0.1032 | pay 0.0129% / 1h | 54m 53s | $800K | $625K | 10x |
| Short | KuCoin ZROUSDTM | 1.1638 | 0.0100 | get 0.0050% / 4h | 2h 54m | $2.3M | $2.0M | 50x |
Extended ZRO-USD
KuCoin ZROUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Extended. 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
- −$195.72
- Price spread: +0.026% → +0.042%
- −$1.57
- Slippage, 4 orders
- −$795.86
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,010.15
- Costs to cover
- 8.129%
- Break-even
- never at this rate
Slippage from Extended: live order book, 58 min ago; KuCoin: live order book, 7 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 Extended live order book, 58 min ago | 10.12 bp | 706.3 bp −$706 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 8.59 bp | 38.7 bp −$39 | 136.7 bp −$1,367 | 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 | 0.0000% | 1h | 1.1639 | +0.032% | $21K | $4K | 5x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0005% | 1h | 1.1636 | +0.009% | $93K | $219K | 20x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0058% | 4h | 1.1639 | +0.035% | $20K | $4K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1661 | +0.221% | $4.3M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1653 | +0.159% | $37.0M | $5.5M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1649 | +0.122% | $157K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1651 | +0.134% | $137K | $180K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1634 | −0.007% | $21.8M | $29.6M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1631 | −0.034% | $17.8M | $13.6M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1636 | +0.009% | $3.2M | $7.9M | 20x | as long as short |
dYdX ZRO-USD
Backpack ZRO_USDC_PERP
Orderly PERP_ZRO_USDC
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 | 1.1640 | +0.043% | $1.3M | $1.5M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1637 | +0.018% | $19.1M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTMshort | +0.0100% | 4h | 1.1638 | +0.026% | $2.3M | $2.0M | 50x | |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1637 | +0.018% | $2.7M | $2.6M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1636 | +0.009% | — | $16.6M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1670 | +0.305% | $2.3M | $809K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1690 | +0.473% | $39K | $676K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1637 | +0.018% | $99K | $825K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1630 | −0.042% | $21K | — | 3x | as long as short |
| 01 Exchange ZROUSD | +0.0144% | 1h | 1.1641 | +0.052% | $7K | $3K | 5x | as long as short |
| BloFin ZRO-USDT | +0.0146% | 4h | 1.1634 | −0.008% | $1.1M | $247K | 75x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1632 | −0.025% | $3K | — | 100x | as long as short |
| Nado ZRO-PERP | +0.0299% | 1h | 1.1634 | −0.011% | $1.3M | $126K | 5x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0706% | 1h | 1.1648 | +0.112% | $254K | $356K | 25x | as long as short |
| Extended ZRO-USDlong | +0.1032% | 1h | 1.1635 | long leg | $800K | $625K | 10x | |
| Injective ZRO/USDC PERP | +0.1343% | 1h | 1.1740 | +0.903% | $12K | $260K | 12x | as long as short |
Gate ZRO_USDT
MEXC ZRO_USDT
Bitget ZROUSDT
BingX ZRO-USDT
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
01 Exchange ZROUSD
BloFin ZRO-USDT
GMX ZRO/USD [ETH-USDC]
Nado ZRO-PERP
Kraken Futures PF_ZROUSD
Injective ZRO/USDC PERP