Funding you earn now, next payment 08:00 UTC+0.0034%/8h= +3.7% APRnext payment +$0.17 per $10,000 · paid last 24h +0.005%
Price spread now: BloFin against KuCoin0.000%50s7-day average +0.110% · you sell dearer than you buy
Net, funding: paid 7d − costs−$546as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$5455.449% of the position
Funding, last 7 days−0.013%−$1 on $10k
+Price spread, last 4 days (all we have)+0.156%+$16 · spread now 0.000%, 7d avg +0.110%
=Funding pays, the price is against you. BloFin is 0.110% cheaper against KuCoin than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.110%). If the spread goes back, that is −$11 on $10k: about 11 days of funding at the current rate (+$1 a day). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ZKPUSDTM | 0.04995 | 0.0100 | pay 0.0050% / 4h | 1h 38m | $578K | $496K | 20x |
| Short | BloFin ZKP-USDT | 0.04995 | 0.0134 | get 0.0067% / 4h | 1h 38m | $213K | $48K | 40x |
KuCoin ZKPUSDTM
BloFin ZKP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $7.12
- Price spread: 0.000% → +0.110%
- −$11.02
- Slippage, 4 orders
- −$520.85
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$548.76
- Costs to cover
- 5.449%
- Break-even
- 546.5 days
Slippage from KuCoin: live order book, 6 min ago; BloFin: live order book, 37 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 | 11.97 bp | 255.2 bp −$255 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 37 min ago | 2.00 bp | 28.4 bp −$28 | 91.0 bp −$910 | doesn't fit | doesn't fit |
ZKP on 10 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 ZKPUSDT | +0.0100% | 4h | 0.04991 | −0.085% | $2.7M | $3.0M | 40x | as long as short |
| Bybit ZKPUSDT | +0.0100% | 4h | 0.04986 | −0.180% | $1.2M | $1.0M | 25x | as long as short |
| OKX ZKP-USDT-SWAP | +0.0100% | 4h | 0.04992 | −0.060% | $315K | $578K | 20x | as long as short |
| Gate ZKP_USDT | +0.0100% | 4h | 0.04999 | +0.080% | $317K | $188K | 25x | as long as short |
| MEXC ZKP_USDT | +0.0100% | 4h | 0.04993 | −0.040% | $1.2M | $210K | 20x | as long as short |
| KuCoin ZKPUSDTMlong | +0.0100% | 4h | 0.04995 | long leg | $578K | $496K | 20x | |
| Bitget ZKPUSDT | +0.0100% | 4h | 0.04993 | −0.040% | $303K | $274K | 20x | as long as short |
| BingX ZKP-USDT | +0.0100% | 4h | 0.05000 | +0.100% | — | $6.6M | — | as long as short |
| BloFin ZKP-USDTshort | +0.0134% | 4h | 0.04995 | 0.000% | $213K | $48K | 40x | |
| Aster ZKPUSDT | +0.0320% | 4h | 0.04997 | +0.035% | $26K | $83K | 5x | as long as short |
Binance ZKPUSDT
Bybit ZKPUSDT
OKX ZKP-USDT-SWAP
Gate ZKP_USDT
MEXC ZKP_USDT
Bitget ZKPUSDT
BingX ZKP-USDT
Aster ZKPUSDT