Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.018%
Price spread now: BingX against KuCoin−0.048%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$143as in the Price arb table
costs, in and out, $10k−$1381.375% of the position
Funding, last 7 days+0.201%+$20 on $10k
+Price spread, last 7 days−0.010%−$1 · spread now −0.048%, 7d avg +0.004%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.052% cheaper against KuCoin than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ZBTUSDTM | 0.08371 | 0.0100 | pay 0.0050% / 4h | 41m 12s | $714K | $9.8M | 50x |
| Short | BingX ZBT-USDT | 0.08367 | 0.0100 | get 0.0050% / 4h | 41m 12s | — | $1.3M | — |
KuCoin ZBTUSDTM
BingX ZBT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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: −0.048% → +0.004%
- −$5.15
- Slippage, 4 orders
- −$115.52
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$142.68
- Costs to cover
- 1.375%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; BingX: live order book, 3 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, 2 min ago | 1.19 bp | 51.9 bp −$52 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 3.58 bp | 18.9 bp −$19 | 73.6 bp −$736 | 482.1 bp −$48.2K | 1092.7 bp −$546.4K |
ZBT on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZBTUSD | −0.0603% | 1h | 0.08362 | −0.104% | $7K | $6K | 10x | as long as short |
| BloFin ZBT-USDT | +0.0061% | 4h | 0.08365 | −0.072% | $147K | $12K | 50x | as long as short |
| Aster ZBTUSDT | +0.0100% | 4h | 0.08375 | +0.044% | $10K | $16K | 5x | as long as short |
| Binance ZBTUSDT | +0.0100% | 4h | 0.08367 | −0.048% | $3.2M | $2.6M | 50x | as long as short |
| Bybit ZBTUSDT | +0.0100% | 4h | 0.08372 | +0.012% | $872K | $434K | 25x | as long as short |
| OKX ZBT-USDT-SWAP | +0.0100% | 4h | 0.08356 | −0.179% | $574K | $1.3M | 10x | as long as short |
| Gate ZBT_USDT | +0.0100% | 8h | 0.08370 | −0.012% | $538K | $540K | 50x | as long as short |
| MEXC ZBT_USDT | +0.0100% | 4h | 0.08368 | −0.036% | $1.4M | $196K | 100x | as long as short |
| KuCoin ZBTUSDTMlong | +0.0100% | 4h | 0.08371 | long leg | $714K | $9.8M | 50x | |
| Bitget ZBTUSDT | +0.0100% | 4h | 0.08373 | +0.024% | $6.0M | $139K | 10x | as long as short |
Kraken Futures PF_ZBTUSD
BloFin ZBT-USDT
Aster ZBTUSDT
Binance ZBTUSDT
Bybit ZBTUSDT
OKX ZBT-USDT-SWAP
Gate ZBT_USDT
MEXC ZBT_USDT
Bitget ZBTUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ZBT-USDTshort | +0.0100% | 4h | 0.08367 | −0.048% | — | $1.3M | — | |
| Variational Omni ZBT | +0.0100% | 4h | 0.08385 | +0.173% | $894 | $453 | — | as long as short |
| Extended ZBT-USD | +0.0104% | 1h | 0.08366 | −0.054% | $2K | $159K | 5x | as long as short |
Variational Omni ZBT
Extended ZBT-USD