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: Binance against KuCoin−0.043%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1221.221% of the position
Funding, last 7 days−0.020%−$2 on $10k
+Price spread, last 7 days−0.002%$0 · spread now −0.043%, 7d avg −0.009%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.034% cheaper against KuCoin than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ZROUSDTM | 1.1740 | 0.0100 | pay 0.0050% / 4h | 2h 24m | $2.3M | $1.9M | 50x |
| Short | Binance ZROUSDT | 1.1735 | 0.0100 | get 0.0050% / 4h | 2h 24m | $22.0M | $29.8M | 75x |
KuCoin ZROUSDTM
Binance ZROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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: −0.043% → −0.009%
- −$3.4
- Slippage, 4 orders
- −$100.1
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$125.49
- Costs to cover
- 1.221%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 7 min ago; Binance: 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 KuCoin live order book, 7 min ago | 8.95 bp | 57.2 bp −$57 | 139.1 bp −$1,391 | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 0.43 bp | 16.8 bp −$17 | 37.7 bp −$377 | 254.3 bp −$25.4K | doesn't fit |
ZRO on 25 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 | −0.0240% | 1h | 1.1719 | −0.177% | $7K | $3K | 5x | as long as short |
| dYdX ZRO-USD | 0.0000% | 1h | 1.1747 | +0.063% | $21K | $3K | 5x | as long as short |
| Bybit ZROUSDT | +0.0011% | 4h | 1.1725 | −0.128% | $18.0M | $13.9M | 50x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0026% | 4h | 1.1731 | −0.077% | $21K | $5K | 10x | as long as short |
| Gate ZRO_USDT | +0.0028% | 4h | 1.1720 | −0.170% | $1.3M | $1.5M | 75x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1752 | +0.101% | $4.4M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1743 | +0.026% | $37.2M | $5.5M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1743 | +0.026% | $158K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1741 | +0.004% | $136K | $167K | 5x | as long as short |
| Binance ZROUSDTshort | +0.0100% | 4h | 1.1735 | −0.043% | $22.0M | $29.8M | 75x |
01 Exchange ZROUSD
dYdX ZRO-USD
Bybit ZROUSDT
Orderly PERP_ZRO_USDC
Gate ZRO_USDT
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZROShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1740 | 0.000% | $3.2M | $8.0M | 20x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1726 | −0.119% | $19.0M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTMlong | +0.0100% | 4h | 1.1740 | long leg | $2.3M | $1.9M | 50x | |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1730 | −0.085% | $2.7M | $2.4M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1730 | −0.085% | — | $16.5M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1744 | +0.034% | $96K | $211K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1736 | −0.038% | $2.3M | $817K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1740 | 0.000% | $39K | $682K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1736 | −0.034% | $92K | $839K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1725 | −0.128% | $21K | — | 3x | as long as short |
| Nado ZRO-PERP | +0.0204% | 1h | 1.1727 | −0.109% | $1.3M | $124K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1732 | −0.065% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0370% | 1h | 1.1747 | +0.061% | $252K | $403K | 25x | as long as short |
| Extended ZRO-USD | +0.0840% | 1h | 1.1731 | −0.081% | $788K | $592K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1213% | 1h | 1.1790 | +0.426% | $12K | $260K | 12x | as long as short |
OKX ZRO-USDT-SWAP
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
Extended ZRO-USD
Injective ZRO/USDC PERP