Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.018%
Price spread now: Gate against KuCoin−0.024%7-day average +0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$186as in the Funding arb table
Net, price: spread back to 7d avg − costs−$190as in the Price arb table
costs, in and out, $10k−$1851.847% of the position
Funding, last 7 days−0.017%−$2 on $10k
+Price spread, last 4 days (all we have)+0.073%+$7 · spread now −0.024%, 7d avg +0.032%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.056% cheaper against KuCoin than usual: you would sell low and buy high, −$6 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 ZBTUSDTM | 0.08374 | 0.0100 | pay 0.0050% / 4h | 41m 52s | $717K | $9.8M | 50x |
| Short | Gate ZBT_USDT | 0.08372 | 0.0100 | get 0.0100% / 8h | 41m 52s | $539K | $540K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.024% → +0.032%
- −$5.61
- Slippage, 4 orders
- −$157.67
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$190.28
- Costs to cover
- 1.847%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 1 min ago; Gate: 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, 1 min ago | 1.19 bp | 51.9 bp −$52 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 34 min ago | 5.40 bp | 39.7 bp −$40 | 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 | −0.0603% | 1h | 0.08366 | −0.090% | $7K | $6K | 10x | as long as short |
| BloFin ZBT-USDT | +0.0093% | 4h | 0.08376 | +0.024% | $147K | $12K | 50x | as long as short |
| Aster ZBTUSDT | +0.0100% | 4h | 0.08376 | +0.019% | $10K | $16K | 5x | as long as short |
| Binance ZBTUSDT | +0.0100% | 4h | 0.08367 | −0.084% | $3.2M | $2.6M | 50x | as long as short |
| Bybit ZBTUSDT | +0.0100% | 4h | 0.08372 | −0.024% | $872K | $434K | 25x | as long as short |
| OKX ZBT-USDT-SWAP | +0.0100% | 4h | 0.08354 | −0.239% | $575K | $1.3M | 10x | as long as short |
| Gate ZBT_USDTshort | +0.0100% | 8h | 0.08372 | −0.024% | $539K | $540K | 50x | |
| MEXC ZBT_USDT | +0.0100% | 4h | 0.08370 | −0.048% | $1.4M | $196K | 100x | as long as short |
| KuCoin ZBTUSDTMlong | +0.0100% | 4h | 0.08374 | long leg | $717K | $9.8M | 50x | |
| Bitget ZBTUSDT | +0.0100% | 4h | 0.08374 | 0.000% | $6.0M | $139K | 10x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ZBT-USDT | +0.0100% | 4h | 0.08368 | −0.072% | — | $1.3M | — | as long as short |
| Variational Omni ZBT | +0.0100% | 4h | 0.08385 | +0.137% | $894 | $453 | — | as long as short |
| Extended ZBT-USD | +0.0104% | 1h | 0.08367 | −0.079% | $2K | $159K | 5x | as long as short |
KuCoin ZBTUSDTM
Gate ZBT_USDT
Kraken Futures PF_ZBTUSD
BloFin ZBT-USDT
Aster ZBTUSDT
Binance ZBTUSDT
Bybit ZBTUSDT
OKX ZBT-USDT-SWAP
MEXC ZBT_USDT
Bitget ZBTUSDT
BingX ZBT-USDT
Variational Omni ZBT
Extended ZBT-USD