Funding you earn now, next payment 08:00 UTC+0.0041%/8h= +4.5% APRnext payment +$0.20 per $10,000 · paid last 24h +0.005%
Price spread now: BloFin against KuCoin−0.020%7-day average +0.111% · you buy dearer than you sell
Net, funding: paid 7d − costs−$591as in the Funding arb table
Net, price: spread back to 7d avg − costs−$603as in the Price arb table
costs, in and out, $10k−$5905.900% of the position
Funding, last 7 days−0.013%−$1 on $10k
+Price spread, last 4 days (all we have)+0.223%+$22 · spread now −0.020%, 7d avg +0.111%
=Funding pays, the price is against you. BloFin is 0.131% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.020% now, against its 7-day average of +0.111%). If the spread goes back, that is −$13 on $10k: about 11 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ZKPUSDTM | 0.05033 | 0.0100 | pay 0.0050% / 4h | 3h 41m | $585K | $508K | 20x |
| Short | BloFin ZKP-USDT | 0.05032 | 0.0141 | get 0.0070% / 4h | 3h 41m | $213K | $45K | 40x |
KuCoin ZKPUSDTM
BloFin ZKP-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
- $8.58
- Price spread: −0.020% → +0.111%
- −$13.14
- Slippage, 4 orders
- −$566.05
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$594.6
- Costs to cover
- 5.900%
- Break-even
- 492.0 days
Slippage from KuCoin: live order book, 33 min ago; BloFin: live order book, 50 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, 33 min ago | 17.81 bp | 277.2 bp −$277 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 50 min ago | 1.98 bp | 21.9 bp −$22 | 120.4 bp −$1,204 | doesn't fit | doesn't fit |
ZKP on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ZKPUSDT | +0.0100% | 4h | 0.05036 | +0.062% | $2.7M | $2.9M | 40x | as long as short |
| Bybit ZKPUSDT | +0.0100% | 4h | 0.05028 | −0.099% | $1.2M | $1.0M | 25x | as long as short |
| OKX ZKP-USDT-SWAP | +0.0100% | 4h | 0.05036 | +0.060% | $321K | $567K | 20x | as long as short |
| Gate ZKP_USDT | +0.0100% | 4h | 0.05031 | −0.040% | $324K | $173K | 25x | as long as short |
| MEXC ZKP_USDT | +0.0100% | 4h | 0.05040 | +0.139% | $1.2M | $207K | 20x | as long as short |
| KuCoin ZKPUSDTMlong | +0.0100% | 4h | 0.05033 | long leg | $585K | $508K | 20x | |
| Bitget ZKPUSDT | +0.0100% | 4h | 0.05039 | +0.119% | $319K | $271K | 20x | as long as short |
| BingX ZKP-USDT | +0.0100% | 4h | 0.05034 | +0.020% | — | $6.6M | — | as long as short |
| Aster ZKPUSDT | +0.0124% | 4h | 0.05036 | +0.065% | $27K | $83K | 5x | as long as short |
| BloFin ZKP-USDTshort | +0.0141% | 4h | 0.05032 | −0.020% | $213K | $45K | 40x |
Binance ZKPUSDT
Bybit ZKPUSDT
OKX ZKP-USDT-SWAP
Gate ZKP_USDT
MEXC ZKP_USDT
Bitget ZKPUSDT
BingX ZKP-USDT
Aster ZKPUSDT