Funding you earn now, next payment 04:00 UTC−0.0016%/8h= −1.8% APRnext payment −$0.08 per $10,000 · paid last 24h −0.038%
Price spread now: KuCoin against Binance−0.083%7-day average −0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs−$884as in the Funding arb table
Net, price: spread back to 7d avg − costs−$878as in the Price arb table
costs, in and out, $10k−$8778.772% of the position
Funding, last 7 days−0.065%−$7 on $10k
+Price spread, last 4 days (all we have)−0.220%−$22 · spread now −0.083%, 7d avg −0.079%
=The price spread sits at its 7-day average of −0.079%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZRXUSDT | 0.1201 | 0.0100 | pay 0.0050% / 4h | 43m 42s | $1.8M | $1.3M | 50x |
| Short | KuCoin ZRXUSDTM | 0.1200 | 0.0084 | get 0.0042% / 4h | 43m 42s | $323K | $45K | 30x |
Binance ZRXUSDT
KuCoin ZRXUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. 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
- −$3.36
- Price spread: −0.083% → −0.079%
- −$0.46
- Slippage, 4 orders
- −$855.24
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$881.06
- Costs to cover
- 8.772%
- Break-even
- never at this rate
Slippage from Binance: live order book, 5 min ago; KuCoin: live order book, 38 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 Binance live order book, 5 min ago | 4.17 bp | 31.4 bp −$31 | 225.2 bp −$2,252 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 38 min ago | 24.75 bp | 428.4 bp −$428 | doesn't fit | doesn't fit | doesn't fit |
ZRX on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZRXUSDTMshort | +0.0084% | 4h | 0.1200 | −0.083% | $323K | $45K | 30x | |
| BloFin ZRX-USDT | +0.0098% | 4h | 0.1199 | −0.167% | $95K | $23K | 50x | as long as short |
| Binance ZRXUSDTlong | +0.0100% | 4h | 0.1201 | long leg | $1.8M | $1.3M | 50x | |
| Bybit ZRXUSDT | +0.0100% | 8h | 0.1202 | +0.042% | $1.4M | $345K | 25x | as long as short |
| OKX ZRX-USDT-SWAP | +0.0100% | 4h | 0.1200 | −0.058% | $527K | $344K | 20x | as long as short |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1199 | −0.200% | $145K | $42K | 75x | as long as short |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1202 | +0.083% | $909K | $168K | 50x | as long as short |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1200 | −0.083% | $577K | $122K | 50x | as long as short |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1202 | +0.083% | — | $2.3M | — | as long as short |
| Variational Omni ZRX | +0.0100% | 8h | 0.1200 | −0.114% | $23K | $18K | — | as long as short |
BloFin ZRX-USDT
Bybit ZRXUSDT
OKX ZRX-USDT-SWAP
Gate ZRX_USDT
MEXC ZRX_USDT
Bitget ZRXUSDT
BingX ZRX-USDT
Variational Omni ZRXShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZRXUSD | +0.0972% | 1h | 0.1205 | +0.332% | $39K | $4K | 10x | as long as short |
Kraken Futures PF_ZRXUSD