Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against BingX+0.145%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$1091.094% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 7 days−0.129%−$13 · spread now +0.145%, 7d avg +0.013%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.132% dearer against BingX than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZRO-USDT | 1.1737 | 0.0100 | pay 0.0050% / 4h | 3h 01m | — | $16.5M | — |
| Short | KuCoin ZROUSDTM | 1.1754 | 0.0100 | get 0.0050% / 4h | 3h 01m | $2.3M | $1.9M | 50x |
BingX ZRO-USDT
KuCoin ZROUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BingX. 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: +0.145% → +0.013%
- $13.22
- Slippage, 4 orders
- −$87.37
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$96.15
- Costs to cover
- 1.094%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; KuCoin: live order book, 5 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 BingX live order book, 7 min ago | 2.53 bp | 9.6 bp −$10 | 13.9 bp −$139 | 27.1 bp −$2,714 | 49.1 bp −$24.6K |
| Sell KuCoin live order book, 5 min ago | 7.20 bp | 35.0 bp −$35 | 125.4 bp −$1,254 | doesn't fit | doesn't fit |
ZRO on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ZROUSD | −0.0136% | 1h | 1.1729 | −0.068% | $7K | $3K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0007% | 4h | 1.1734 | −0.026% | $21K | $6K | 10x | as long as short |
| BloFin ZRO-USDT | +0.0056% | 4h | 1.1789 | +0.443% | $1.1M | $256K | 75x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1770 | +0.285% | $4.4M | $1.5M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1757 | +0.170% | $37.2M | $5.6M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1754 | +0.142% | $157K | $148K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1752 | +0.126% | $136K | $168K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1732 | −0.039% | $22.0M | $30.0M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1735 | −0.017% | $18.0M | $14.0M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1730 | −0.060% | $3.2M | $7.9M | 20x | as long as short |
01 Exchange ZROUSD
Orderly PERP_ZRO_USDC
BloFin ZRO-USDT
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDT
OKX ZRO-USDT-SWAPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ZRO_USDT | +0.0100% | 4h | 1.1740 | +0.026% | $1.3M | $1.5M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1737 | 0.000% | $19.1M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTMshort | +0.0100% | 4h | 1.1754 | +0.145% | $2.3M | $1.9M | 50x | |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1738 | +0.009% | $2.7M | $2.4M | 75x | as long as short |
| BingX ZRO-USDTlong | +0.0100% | 4h | 1.1737 | long leg | — | $16.5M | — | |
| Variational Omni ZRO | +0.0100% | 4h | 1.1804 | +0.569% | $2.3M | $847K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1800 | +0.537% | $37K | $686K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1746 | +0.077% | $92K | $845K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1757 | +0.173% | $21K | — | 3x | as long as short |
| dYdX ZRO-USD | +0.0169% | 1h | 1.1766 | +0.247% | $21K | $3K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1743 | +0.050% | $3K | — | 100x | as long as short |
| Nado ZRO-PERP | +0.0302% | 1h | 1.1747 | +0.089% | $1.3M | $126K | 5x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0302% | 1h | 1.1767 | +0.252% | $252K | $407K | 25x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0388% | 1h | 1.1746 | +0.077% | $97K | $208K | 20x | as long as short |
| Extended ZRO-USD | +0.1120% | 1h | 1.1739 | +0.017% | $788K | $596K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1190% | 1h | 1.1860 | +1.048% | $12K | $260K | 12x | as long as short |
Gate ZRO_USDT
MEXC ZRO_USDT
Bitget ZROUSDT
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
dYdX ZRO-USD
GMX ZRO/USD [ETH-USDC]
Nado ZRO-PERP
Kraken Futures PF_ZROUSD
Backpack ZRO_USDC_PERP
Extended ZRO-USD
Injective ZRO/USDC PERP