Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.039%
Price spread now: OKX against KuCoin−0.148%7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,038as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,059as in the Price arb table
costs, in and out, $10k−$1,04110.411% of the position
Funding, last 7 days+0.034%+$3 on $10k
+Price spread, last 4 days (all we have)+0.313%+$31 · spread now −0.148%, 7d avg +0.029%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.177% cheaper against KuCoin than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of +0.029%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ZRXUSDTM | 0.1213 | 0.0100 | pay 0.0050% / 4h | 2h 35m | $327K | $47K | 30x |
| Short | OKX ZRX-USDT-SWAP | 0.1211 | 0.0100 | get 0.0050% / 4h | 2h 35m | $535K | $309K | 20x |
KuCoin ZRXUSDTM
OKX ZRX-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $0
- Price spread: −0.148% → +0.029%
- −$17.75
- Slippage, 4 orders
- −$1,019.08
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$1,058.83
- Costs to cover
- 10.411%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 1 min ago; OKX: live order book, 30 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, 1 min ago | 20.64 bp | 640.1 bp −$640 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 30 min ago | 4.55 bp | 41.7 bp −$42 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ZRXUSDT | +0.0100% | 4h | 0.1212 | −0.050% | $1.8M | $1.3M | 50x | as long as short |
| Bybit ZRXUSDT | +0.0100% | 8h | 0.1213 | +0.041% | $1.4M | $377K | 25x | as long as short |
| OKX ZRX-USDT-SWAPshort | +0.0100% | 4h | 0.1211 | −0.148% | $535K | $309K | 20x | |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1211 | −0.140% | $146K | $44K | 75x | as long as short |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1213 | 0.000% | $944K | $168K | 50x | as long as short |
| KuCoin ZRXUSDTMlong | +0.0100% | 4h | 0.1213 | long leg | $327K | $47K | 30x | |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1211 | −0.165% | $582K | $119K | 50x | as long as short |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1214 | +0.082% | — | $2.3M | — | as long as short |
| Variational Omni ZRX | +0.0100% | 8h | 0.1212 | −0.102% | $23K | $41K | — | as long as short |
| BloFin ZRX-USDT | +0.0113% | 4h | 0.1201 | −0.989% | $95K | $19K | 50x | as long as short |
Binance ZRXUSDT
Bybit ZRXUSDT
Gate ZRX_USDT
MEXC ZRX_USDT
Bitget ZRXUSDT
BingX ZRX-USDT
Variational Omni ZRX
BloFin ZRX-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZRXUSD | +0.1930% | 1h | 0.1216 | +0.243% | $40K | $4K | 10x | as long as short |
Kraken Futures PF_ZRXUSD