Funding you earn now, next payment 08:00 UTC+0.0126%/8h= +13.8% APRnext payment +$0.63 per $10,000 · paid last 24h −0.017%
Price spread now: Bitget against KuCoin+0.012%7-day average −0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$180as in the Funding arb table
Net, price: spread back to 7d avg − costs−$168as in the Price arb table
costs, in and out, $10k−$1771.772% of the position
Funding, last 7 days−0.033%−$3 on $10k
+Price spread, last 7 days−0.121%−$12 · spread now +0.012%, 7d avg −0.085%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bitget is 0.097% dearer against KuCoin than usual: you sell high and buy low: +$10 more if the spread 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 | KuCoin ZBTUSDTM | 0.08669 | −0.0026 | get 0.0013% / 4h | 11m 49s | $633K | $9.4M | 50x |
| Short | Bitget ZBTUSDT | 0.08670 | 0.0100 | get 0.0050% / 4h | 11m 49s | $6.2M | $335K | 10x |
KuCoin ZBTUSDTM
Bitget ZBTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $26.46
- Price spread: +0.012% → −0.085%
- $9.7
- Slippage, 4 orders
- −$153.2
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$141.05
- Costs to cover
- 1.772%
- Break-even
- 44.3 days
Slippage from KuCoin: live order book, 6 min ago; Bitget: live order book, 1 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, 6 min ago | 1.16 bp | 41.4 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 6.34 bp | 39.8 bp −$40 | 140.0 bp −$1,400 | doesn't fit | doesn't fit |
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 | −0.1240% | 1h | 0.08671 | +0.029% | $8K | $3K | 10x | as long as short |
| KuCoin ZBTUSDTMlong | −0.0026% | 4h | 0.08669 | long leg | $633K | $9.4M | 50x | |
| OKX ZBT-USDT-SWAP | +0.0023% | 4h | 0.08663 | −0.069% | $630K | $2.3M | 10x | as long as short |
| BloFin ZBT-USDT | +0.0090% | 4h | 0.08645 | −0.277% | $152K | $42K | 50x | as long as short |
| Aster ZBTUSDT | +0.0100% | 4h | 0.08674 | +0.053% | $10K | $47K | 5x | as long as short |
| Binance ZBTUSDT | +0.0100% | 4h | 0.08668 | −0.012% | $3.6M | $5.3M | 50x | as long as short |
| Bybit ZBTUSDT | +0.0100% | 4h | 0.08666 | −0.035% | $944K | $1.1M | 25x | as long as short |
| Gate ZBT_USDT | +0.0100% | 8h | 0.08675 | +0.069% | $567K | $732K | 50x | as long as short |
| MEXC ZBT_USDT | +0.0100% | 4h | 0.08669 | 0.000% | $1.7M | $329K | 100x | as long as short |
| Bitget ZBTUSDTshort | +0.0100% | 4h | 0.08670 | +0.012% | $6.2M | $335K | 10x |
Kraken Futures PF_ZBTUSD
OKX ZBT-USDT-SWAP
BloFin ZBT-USDT
Aster ZBTUSDT
Binance ZBTUSDT
Bybit ZBTUSDT
Gate ZBT_USDT
MEXC ZBT_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ZBT-USDT | +0.0100% | 4h | 0.08667 | −0.023% | — | $1.3M | — | as long as short |
| Variational Omni ZBT | +0.0100% | 4h | 0.08654 | −0.171% | $1K | $13K | — | as long as short |
| Extended ZBT-USD | +0.0104% | 1h | 0.08667 | −0.028% | $3K | $199K | 5x | as long as short |
BingX ZBT-USDT
Variational Omni ZBT
Extended ZBT-USD