Funding you earn now, next payment 08:00 UTC+0.0057%/8h= +6.3% APRnext payment +$0.29 per $10,000 · paid last 24h −0.004%
Price spread now: KuCoin against BloFin−0.034%7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1231.228% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.192%+$19 · spread now −0.034%, 7d avg +0.028%
=Funding pays, the price is against you. KuCoin is 0.062% cheaper against BloFin than usual: you would sell low and buy high (spread −0.034% now, against its 7-day average of +0.028%). If the spread goes back, that is −$6 on $10k: about 3.6 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ZRO-USDT | 1.1717 | 0.0043 | pay 0.0021% / 4h | 2h 10m | $1.0M | $253K | 75x |
| Short | KuCoin ZROUSDTM | 1.1713 | 0.0100 | get 0.0050% / 4h | 2h 10m | $2.4M | $2.0M | 50x |
BloFin ZRO-USDT
KuCoin ZROUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BloFin. 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
- $12.04
- Price spread: −0.034% → +0.028%
- −$6.21
- Slippage, 4 orders
- −$98.78
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$116.94
- Costs to cover
- 1.228%
- Break-even
- 75.0 days
Slippage from BloFin: live order book, 1 min ago; KuCoin: 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 BloFin live order book, 1 min ago | 2.13 bp | 9.8 bp −$10 | 26.4 bp −$264 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 3.00 bp | 32.0 bp −$32 | 135.6 bp −$1,356 | doesn't fit | doesn't fit |
ZRO on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ZRO-USD | +0.0007% | 1h | 1.1728 | +0.091% | $21K | $5K | 5x | as long as short |
| BloFin ZRO-USDTlong | +0.0043% | 4h | 1.1717 | long leg | $1.0M | $253K | 75x | |
| Orderly PERP_ZRO_USDC | +0.0069% | 4h | 1.1717 | 0.000% | $21K | $4K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1743 | +0.219% | $4.4M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1733 | +0.137% | $37.2M | $5.5M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1729 | +0.106% | $158K | $151K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1718 | +0.009% | $138K | $175K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1727 | +0.090% | $21.9M | $29.4M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1717 | 0.000% | $18.0M | $13.6M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1724 | +0.060% | $3.2M | $7.8M | 20x | as long as short |
dYdX ZRO-USD
Orderly PERP_ZRO_USDC
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDT
OKX ZRO-USDT-SWAPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ZRO_USDT | +0.0100% | 4h | 1.1700 | −0.145% | $1.3M | $1.5M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1720 | +0.026% | $19.2M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTMshort | +0.0100% | 4h | 1.1713 | −0.034% | $2.4M | $2.0M | 50x | |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1716 | −0.009% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1716 | −0.009% | — | $16.6M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1724 | +0.060% | $95K | $220K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1710 | −0.056% | $2.3M | $809K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1710 | −0.060% | $39K | $675K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1728 | +0.094% | $103K | $815K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1715 | −0.017% | $21K | — | 3x | as long as short |
| 01 Exchange ZROUSD | +0.0128% | 1h | 1.1728 | +0.095% | $4K | $5K | 5x | as long as short |
| Nado ZRO-PERP | +0.0159% | 1h | 1.1719 | +0.018% | $1.3M | $126K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1720 | +0.026% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0701% | 1h | 1.1726 | +0.076% | $254K | $333K | 25x | as long as short |
| Extended ZRO-USD | +0.0928% | 1h | 1.1719 | +0.018% | $799K | $625K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1343% | 1h | 1.1760 | +0.367% | $12K | $261K | 12x | as long as short |
Gate ZRO_USDT
MEXC ZRO_USDT
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
01 Exchange ZROUSD
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP