Settings8H · net · $10k
Funding arb · Price arb /

ZRX

all ZRX markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0526%/8h= +57.6% APRpaid last 24h +0.171%
Price spread now: Kraken Futures against KuCoin+0.198%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Kraken Futures is 0.198% dearer against KuCoin than usual: you sell high and buy low: +$20 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ZRXUSDTM0.11860.0100pay 0.0050% / 4h33m 17s$291K$59K30x
ShortKraken Futures PF_ZRXUSD0.11880.0626get 0.0078% / 1h33m 17s$38K$5K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$110.51
Price spread: +0.198% → 0.000%
$19.77
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$108.28
Costs to cover
0.220%
Break-even
0.1 days
Slippage unknown: KuCoin: live order book, 69 min ago; Kraken Futures: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 69 min ago25.19 bp287.2 bp −$287doesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures no order-book sample
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ZRX on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin ZRX-USDT+0.0095%4h0.11860.000%$91K$23K50xas long as short
Binance ZRXUSDT+0.0100%4h0.1186+0.041%$1.7M$1.4M50xas long as short
Bybit ZRXUSDT+0.0100%8h0.1187+0.051%$1.4M$340K25xas long as short
OKX ZRX-USDT-SWAP+0.0100%4h0.1186−0.017%$520K$363K20xas long as short
Gate ZRX_USDT+0.0100%8h0.1187+0.067%$142K$37K75xas long as short
MEXC ZRX_USDT+0.0100%4h0.1187+0.084%$891K$168K50xas long as short
KuCoin ZRXUSDTMlong+0.0100%4h0.1186long leg$291K$59K30x
Bitget ZRXUSDT+0.0100%4h0.1189+0.253%$593K$138K50xas long as short
BingX ZRX-USDT+0.0100%4h0.11860.000%$2.3Mas long as short
Variational Omni ZRX+0.0100%8h0.1186−0.003%$22K$13Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZRXUSDshort+0.0626%1h0.1188+0.198%$38K$5K10x