Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.021%
Price spread now: KuCoin against Bybit−0.143%7-day average −0.085% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,024as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,055as in the Price arb table
costs, in and out, $10k−$1,04910.489% of the position
Funding, last 7 days+0.251%+$25 on $10k
+Price spread, last 4 days (all we have)−0.112%−$11 · spread now −0.143%, 7d avg −0.085%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.058% cheaper against Bybit than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.085%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ZRXUSDT | 0.1192 | 0.0100 | pay 0.0100% / 8h | 1h 26m | $1.4M | $339K | 25x |
| Short | KuCoin ZRXUSDTM | 0.1190 | 0.0100 | get 0.0050% / 4h | 1h 26m | $298K | $58K | 30x |
Bybit ZRXUSDT
KuCoin ZRXUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bybit. 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: −0.143% → −0.085%
- −$5.78
- Slippage, 4 orders
- −$1,025.93
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,054.72
- Costs to cover
- 10.489%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 10 min ago; KuCoin: live order book, 16 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 Bybit live order book, 10 min ago | 4.22 bp | 72.3 bp −$72 | 234.2 bp −$2,342 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 16 min ago | 25.19 bp | 618.0 bp −$618 | doesn't fit | doesn't fit | doesn't fit |
ZRX 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ZRX-USDT | +0.0091% | 4h | 0.1186 | −0.478% | $92K | $23K | 50x | as long as short |
| Binance ZRXUSDT | +0.0100% | 4h | 0.1192 | +0.052% | $1.7M | $1.4M | 50x | as long as short |
| Bybit ZRXUSDTlong | +0.0100% | 8h | 0.1192 | long leg | $1.4M | $339K | 25x | |
| OKX ZRX-USDT-SWAP | +0.0100% | 4h | 0.1192 | +0.017% | $523K | $364K | 20x | as long as short |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1188 | −0.319% | $142K | $40K | 75x | as long as short |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1192 | +0.025% | $895K | $164K | 50x | as long as short |
| KuCoin ZRXUSDTMshort | +0.0100% | 4h | 0.1190 | −0.143% | $298K | $58K | 30x | |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1192 | +0.025% | $599K | $139K | 50x | as long as short |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1191 | −0.059% | — | $2.3M | — | as long as short |
| Variational Omni ZRX | +0.0100% | 8h | 0.1186 | −0.513% | $22K | $13K | — | as long as short |
BloFin ZRX-USDT
Binance ZRXUSDT
OKX ZRX-USDT-SWAP
Gate ZRX_USDT
MEXC ZRX_USDT
Bitget ZRXUSDT
BingX ZRX-USDT
Variational Omni ZRXShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZRXUSD | +0.2093% | 1h | 0.1194 | +0.205% | $38K | $5K | 10x | as long as short |
Kraken Futures PF_ZRXUSD