Funding you earn now, next payment 04:00 UTC+0.0292%/8h= +32.0% APRnext payment +$1.46 per $10,000 · paid last 24h +0.067%
Price spread now: Binance against KuCoin+0.308%7-day average +0.125% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,323as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,320as in the Price arb table
costs, in and out, $10k−$1,33813.381% of the position
Funding, last 7 days+0.154%+$15 on $10k
+Price spread, last 7 days−0.190%−$19 · spread now +0.308%, 7d avg +0.125%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Binance is 0.183% dearer against KuCoin than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.125%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.154% in total (about 8.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.46 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ZEREBROUSDTM | 0.03388 | −0.0004 | get 0.0002% / 4h | 1h 01m | $1.4M | $2.9M | 10x |
| Short | Binance ZEREBROUSDT | 0.03398 | 0.0288 | get 0.0144% / 4h | 1h 01m | $4.7M | $1.4M | 10x |
KuCoin ZEREBROUSDTM
Binance ZEREBROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $61.37
- Price spread: +0.308% → +0.125%
- $18.29
- Slippage, 4 orders
- −$1,316.09
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$1,258.42
- Costs to cover
- 13.381%
- Break-even
- 150.5 days
Slippage from KuCoin: live order book, 6 min ago; Binance: live order book, 6 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 | 3.81 bp | 605.1 bp −$605 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 2.05 bp | 30.1 bp −$30 | 347.9 bp −$3,479 | doesn't fit | doesn't fit |
ZEREBRO 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZEREBROUSD | −0.0117% | 1h | 0.03396 | +0.241% | $3K | $2K | 10x | as long as short |
| KuCoin ZEREBROUSDTMlong | −0.0004% | 4h | 0.03388 | long leg | $1.4M | $2.9M | 10x | |
| Bybit ZEREBROUSDT | +0.0100% | 4h | 0.03393 | +0.156% | $5.2M | $918K | 13x | as long as short |
| Gate ZEREBRO_USDT | +0.0100% | 4h | 0.03393 | +0.153% | $458K | $23K | 10x | as long as short |
| Variational Omni ZEREBRO | +0.0100% | 4h | 0.03402 | +0.429% | $109K | $15K | — | as long as short |
| BloFin ZEREBRO-USDT | +0.0239% | 4h | 0.03402 | +0.425% | $273K | $12K | 10x | as long as short |
| Extended ZEREBRO-USD | +0.0288% | 1h | 0.03395 | +0.219% | $2K | $157K | 5x | as long as short |
| Binance ZEREBROUSDTshort | +0.0288% | 4h | 0.03398 | +0.308% | $4.7M | $1.4M | 10x | |
| MEXC ZEREBRO_USDT | +0.0296% | 4h | 0.03400 | +0.357% | $7.1M | $127K | 50x | as long as short |
| Aster ZEREBROUSDT | +0.0328% | 4h | 0.03401 | +0.395% | $382K | $19K | 5x | as long as short |
Kraken Futures PF_ZEREBROUSD
Bybit ZEREBROUSDT
Gate ZEREBRO_USDT
Variational Omni ZEREBRO
BloFin ZEREBRO-USDT
Extended ZEREBRO-USD
MEXC ZEREBRO_USDT
Aster ZEREBROUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ZEREBRO-USDT | +0.0328% | 4h | 0.03397 | +0.272% | — | $1.3M | — | as long as short |
BingX ZEREBRO-USDT