Funding you earn now, next payment 00:00 UTC+0.0314%/8h= +34.4% APRnext payment +$1.57 per $10,000 · paid last 24h +0.025%
Price spread now: BloFin against KuCoin+0.084%80s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and BloFin is 0.084% dearer against KuCoin than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.002% in total (about 0.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.57 per $10,000. 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 | KuCoin ZRXUSDTM | 0.1191 | −0.0196 | get 0.0098% / 4h | 1h 17m | $324K | $59K | 30x |
| Short | BloFin ZRX-USDT | 0.1192 | 0.0118 | get 0.0059% / 4h | 1h 17m | $95K | $19K | 50x |
KuCoin ZRXUSDTM
BloFin ZRX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $65.89
- Price spread: +0.084% → 0.000%
- $8.4
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $50.29
- Costs to cover
- 0.240%
- Break-even
- 1.7 days
Slippage unknown: KuCoin: live order book, 53 min ago; BloFin: no order-book sample. Net counts fees only.
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, 53 min ago | 16.76 bp | 670.6 bp −$671 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin no order-book sample | — | — | — | — | — |
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 ZRXUSDTMlong | −0.0196% | 4h | 0.1191 | long leg | $324K | $59K | 30x | |
| Bybit ZRXUSDT | −0.0087% | 8h | 0.1193 | +0.185% | $1.4M | $343K | 25x | as long as short |
| Kraken Futures PF_ZRXUSD | +0.0035% | 1h | 0.1194 | +0.292% | $39K | $4K | 10x | as long as short |
| Binance ZRXUSDT | +0.0100% | 4h | 0.1193 | +0.127% | $1.8M | $1.2M | 50x | as long as short |
| OKX ZRX-USDT-SWAP | +0.0100% | 4h | 0.1194 | +0.269% | $532K | $253K | 20x | as long as short |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1192 | +0.109% | $146K | $41K | 75x | as long as short |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1193 | +0.168% | $906K | $166K | 50x | as long as short |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1193 | +0.168% | $581K | $126K | 50x | as long as short |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1193 | +0.168% | — | $2.3M | — | as long as short |
| Variational Omni ZRX | +0.0100% | 8h | 0.1193 | +0.189% | $23K | $41K | — | as long as short |
Bybit ZRXUSDT
Kraken Futures PF_ZRXUSD
Binance 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ZRX-USDTshort | +0.0118% | 4h | 0.1192 | +0.084% | $95K | $19K | 50x |