Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.017%
Price spread now: Bybit against KuCoin+0.036%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$196as in the Funding arb table
Net, price: spread back to 7d avg − costs−$192as in the Price arb table
costs, in and out, $10k−$1931.930% of the position
Funding, last 7 days−0.033%−$3 on $10k
+Price spread, last 4 days (all we have)+0.146%+$15 · spread now +0.036%, 7d avg +0.024%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ZBTUSDTM | 0.08393 | 0.0100 | pay 0.0050% / 4h | 1h 26m | $735K | $9.7M | 50x |
| Short | Bybit ZBTUSDT | 0.08396 | 0.0100 | get 0.0050% / 4h | 1h 26m | $861K | $437K | 25x |
KuCoin ZBTUSDTM
Bybit ZBTUSDTFunding 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: +0.036% → +0.024%
- $1.15
- Slippage, 4 orders
- −$169.98
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$191.84
- Costs to cover
- 1.930%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; Bybit: live order book, 34 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, 2 min ago | 1.19 bp | 63.0 bp −$63 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 34 min ago | 2.38 bp | 38.2 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
ZBT on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZBTUSD | −0.0533% | 1h | 0.08397 | +0.044% | $7K | $7K | 10x | as long as short |
| BloFin ZBT-USDT | +0.0053% | 4h | 0.08391 | −0.024% | $148K | $20K | 50x | as long as short |
| Aster ZBTUSDT | +0.0100% | 4h | 0.08397 | +0.048% | $10K | $15K | 5x | as long as short |
| Binance ZBTUSDT | +0.0100% | 4h | 0.08403 | +0.118% | $3.2M | $2.6M | 50x | as long as short |
| Bybit ZBTUSDTshort | +0.0100% | 4h | 0.08396 | +0.036% | $861K | $437K | 25x | |
| OKX ZBT-USDT-SWAP | +0.0100% | 4h | 0.08396 | +0.036% | $555K | $1.4M | 10x | as long as short |
| MEXC ZBT_USDT | +0.0100% | 4h | 0.08402 | +0.107% | $1.4M | $200K | 100x | as long as short |
| KuCoin ZBTUSDTMlong | +0.0100% | 4h | 0.08393 | long leg | $735K | $9.7M | 50x | |
| Bitget ZBTUSDT | +0.0100% | 4h | 0.08393 | 0.000% | $6.0M | $135K | 10x | as long as short |
| BingX ZBT-USDT | +0.0100% | 4h | 0.08401 | +0.095% | — | $1.3M | — | as long as short |
Kraken Futures PF_ZBTUSD
BloFin ZBT-USDT
Aster ZBTUSDT
Binance ZBTUSDT
OKX ZBT-USDT-SWAP
MEXC ZBT_USDT
Bitget ZBTUSDT
BingX ZBT-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ZBT | +0.0100% | 4h | 0.08392 | −0.009% | $895 | $453 | — | as long as short |
| Extended ZBT-USD | +0.0104% | 1h | 0.08400 | +0.086% | $895 | $116K | 5x | as long as short |
| Gate ZBT_USDT | +0.0147% | 8h | 0.08395 | +0.024% | $539K | $545K | 50x | as long as short |
Variational Omni ZBT
Extended ZBT-USD
Gate ZBT_USDT