Funding you earn now, next payment 04:00 UTC−0.0223%/8h= −24.4% APRnext payment −$1.11 per $10,000 · paid last 24h −0.071%
Price spread now: KuCoin against BloFin−0.160%50s7-day average −0.136% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,281as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1,26512.648% of the position
Funding, last 7 days−0.163%−$16 on $10k
+Price spread, last 4 days (all we have)+0.681%+$68 · spread now −0.160%, 7d avg −0.136%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and KuCoin is 0.024% cheaper against BloFin than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.136%). Swap the legs. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ZEREBRO-USDT | 0.03427 | 0.0301 | pay 0.0150% / 4h | 10m 26s | $273K | $12K | 10x |
| Short | KuCoin ZEREBROUSDTM | 0.03422 | 0.0078 | get 0.0039% / 4h | 10m 26s | $1.5M | $3.0M | 10x |
BloFin ZEREBRO-USDT
KuCoin ZEREBROUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BloFin. 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
- −$46.74
- Price spread: −0.160% → −0.136%
- −$2.43
- Slippage, 4 orders
- −$1,240.77
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,313.94
- Costs to cover
- 12.648%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 22 min ago; KuCoin: live order book, 7 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 BloFin live order book, 22 min ago | 0.15 bp | 21.1 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 9.21 bp | 578.3 bp −$578 | doesn't fit | doesn't fit | doesn't fit |
ZEREBRO 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZEREBROUSD | +0.0033% | 1h | 0.03420 | −0.209% | $3K | $2K | 10x | as long as short |
| KuCoin ZEREBROUSDTMshort | +0.0078% | 4h | 0.03422 | −0.160% | $1.5M | $3.0M | 10x | |
| Bybit ZEREBROUSDT | +0.0100% | 4h | 0.03420 | −0.207% | $5.3M | $930K | 13x | as long as short |
| Gate ZEREBRO_USDT | +0.0100% | 4h | 0.03423 | −0.143% | $459K | $24K | 10x | as long as short |
| Variational Omni ZEREBRO | +0.0100% | 4h | 0.03421 | −0.194% | $109K | $15K | — | as long as short |
| Extended ZEREBRO-USD | +0.0288% | 1h | 0.03426 | −0.049% | $4K | $158K | 5x | as long as short |
| MEXC ZEREBRO_USDT | +0.0288% | 4h | 0.03429 | +0.058% | $7.2M | $127K | 50x | as long as short |
| Binance ZEREBROUSDT | +0.0289% | 4h | 0.03427 | −0.020% | $4.7M | $1.4M | 10x | as long as short |
| BloFin ZEREBRO-USDTlong | +0.0301% | 4h | 0.03427 | long leg | $273K | $12K | 10x | |
| BingX ZEREBRO-USDT | +0.0318% | 4h | 0.03424 | −0.111% | — | $1.3M | — | as long as short |
Kraken Futures PF_ZEREBROUSD
Bybit ZEREBROUSDT
Gate ZEREBRO_USDT
Variational Omni ZEREBRO
Extended ZEREBRO-USD
MEXC ZEREBRO_USDT
Binance ZEREBROUSDT
BingX ZEREBRO-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ZEREBROUSDT | +0.0325% | 4h | 0.03424 | −0.107% | $384K | $19K | 5x | as long as short |
Aster ZEREBROUSDT