Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Gate+0.093%7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$153as in the Funding arb table
Net, price: spread back to 7d avg − costs−$143as in the Price arb table
costs, in and out, $10k−$1541.540% of the position
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 7 days−0.124%−$12 · spread now +0.093%, 7d avg −0.018%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.111% dearer against Gate than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.018%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ZRO_USDT | 1.1860 | 0.0100 | pay 0.0050% / 4h | 3h 11m | $1.4M | $1.5M | 75x |
| Short | KuCoin ZROUSDTM | 1.1871 | 0.0100 | get 0.0050% / 4h | 3h 11m | $2.4M | $1.9M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. 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: +0.093% → −0.018%
- $11.09
- Slippage, 4 orders
- −$127.04
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$142.95
- Costs to cover
- 1.540%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; KuCoin: live order book, 5 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 Gate live order book, 1 min ago | 8.43 bp | 27.0 bp −$27 | 62.3 bp −$623 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 6.34 bp | 48.4 bp −$48 | 127.8 bp −$1,278 | 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 | −0.0096% | 1h | 1.1851 | −0.078% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0012% | 4h | 1.1872 | +0.101% | $21K | $6K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1875 | +0.128% | $4.4M | $1.5M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1877 | +0.143% | $37.6M | $5.7M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1870 | +0.085% | $159K | $149K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1862 | +0.020% | $137K | $168K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1858 | −0.013% | $22.3M | $30.1M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1858 | −0.017% | $18.1M | $14.0M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1860 | 0.000% | $3.2M | $8.1M | 20x | as long as short |
| Gate ZRO_USDTlong | +0.0100% | 4h | 1.1860 | long leg | $1.4M | $1.5M | 75x |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1859 | −0.008% | $19.3M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTMshort | +0.0100% | 4h | 1.1871 | +0.093% | $2.4M | $1.9M | 50x | |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1862 | +0.017% | $2.7M | $2.4M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1862 | +0.017% | — | $15.8M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1818 | −0.353% | $2.3M | $853K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1850 | −0.084% | $37K | $688K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1869 | +0.076% | $92K | $824K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1865 | +0.042% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0114% | 4h | 1.1851 | −0.076% | $1.1M | $255K | 75x | as long as short |
| dYdX ZRO-USD | +0.0204% | 1h | 1.1866 | +0.055% | $21K | $3K | 5x | as long as short |
| Nado ZRO-PERP | +0.0289% | 1h | 1.1861 | +0.010% | $1.4M | $127K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1872 | +0.098% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0299% | 1h | 1.1882 | +0.187% | $255K | $409K | 25x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0435% | 1h | 1.1874 | +0.118% | $98K | $207K | 20x | as long as short |
| Injective ZRO/USDC PERP | +0.1190% | 1h | 1.1910 | +0.422% | $12K | $260K | 12x | as long as short |
| Extended ZRO-USD | +0.1232% | 1h | 1.1863 | +0.023% | $788K | $602K | 10x | as long as short |
Gate ZRO_USDT
KuCoin ZROUSDTM
01 Exchange ZROUSD
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDT
OKX ZRO-USDT-SWAP
MEXC ZRO_USDT
Bitget ZROUSDT
BingX ZRO-USDT
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
BloFin ZRO-USDT
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Backpack ZRO_USDC_PERP
Injective ZRO/USDC PERP
Extended ZRO-USD