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: Bybit against KuCoin+0.009%7-day average −0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1231.229% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 7 days−0.021%−$2 · spread now +0.009%, 7d avg −0.032%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.040% dearer against KuCoin than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.032%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ZROUSDTM | 1.1632 | 0.0100 | pay 0.0050% / 4h | 2h 55m | $2.3M | $2.0M | 50x |
| Short | Bybit ZROUSDT | 1.1633 | 0.0100 | get 0.0050% / 4h | 2h 55m | $17.8M | $13.6M | 50x |
KuCoin ZROUSDTM
Bybit ZROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.009% → −0.032%
- $4.04
- Slippage, 4 orders
- −$99.93
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$118.89
- Costs to cover
- 1.229%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 6 min ago; Bybit: live order book, 3 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, 6 min ago | 8.59 bp | 53.2 bp −$53 | 151.8 bp −$1,518 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 1.29 bp | 13.5 bp −$14 | 40.0 bp −$400 | 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 | +0.057% | $21K | $4K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0058% | 4h | 1.1680 | +0.413% | $20K | $4K | 10x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1666 | +0.292% | $37.0M | $5.5M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1655 | +0.201% | $157K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1651 | +0.160% | $137K | $180K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1638 | +0.052% | $21.8M | $29.6M | 75x | as long as short |
| Bybit ZROUSDTshort | +0.0100% | 4h | 1.1633 | +0.009% | $17.8M | $13.6M | 50x | |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1642 | +0.086% | $3.2M | $7.8M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1650 | +0.155% | $1.3M | $1.5M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1641 | +0.077% | $19.1M | $2.7M | 125x | as long as short |
dYdX ZRO-USD
Orderly PERP_ZRO_USDC
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
OKX ZRO-USDT-SWAP
Gate ZRO_USDT
MEXC ZRO_USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZROUSDTMlong | +0.0100% | 4h | 1.1632 | long leg | $2.3M | $2.0M | 50x | |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1642 | +0.086% | $2.7M | $2.6M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1637 | +0.043% | — | $16.6M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1672 | +0.344% | $94K | $219K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1670 | +0.331% | $2.3M | $809K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1680 | +0.413% | $39K | $676K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1680 | +0.413% | $99K | $826K | 5x | as long as short |
| Lighter ZRO | +0.0104% | 1h | 1.1665 | +0.280% | $4.3M | $1.2M | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1670 | +0.323% | $21K | — | 3x | as long as short |
| BloFin ZRO-USDT | +0.0120% | 4h | 1.1694 | +0.533% | $1.1M | $249K | 75x | as long as short |
| 01 Exchange ZROUSD | +0.0144% | 1h | 1.1641 | +0.077% | $7K | $3K | 5x | as long as short |
| Nado ZRO-PERP | +0.0265% | 1h | 1.1674 | +0.364% | $1.3M | $126K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1676 | +0.376% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0704% | 1h | 1.1680 | +0.411% | $255K | $356K | 25x | as long as short |
| Extended ZRO-USD | +0.1040% | 1h | 1.1636 | +0.038% | $800K | $625K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1343% | 1h | 1.1730 | +0.843% | $12K | $260K | 12x | as long as short |
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Lighter ZRO
Aevo ZRO-PERP
BloFin ZRO-USDT
01 Exchange ZROUSD
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP