Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Gate−0.086%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$155as in the Funding arb table
Net, price: spread back to 7d avg − costs−$164as in the Price arb table
costs, in and out, $10k−$1571.568% of the position
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 7 days+0.036%+$4 · spread now −0.086%, 7d avg −0.015%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.070% cheaper against Gate than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ZRO_USDT | 1.1690 | 0.0100 | pay 0.0050% / 4h | 1h 47m | $1.3M | $1.4M | 75x |
| Short | KuCoin ZROUSDTM | 1.1680 | 0.0100 | get 0.0050% / 4h | 1h 47m | $2.4M | $2.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. 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: −0.086% → −0.015%
- −$7.02
- Slippage, 4 orders
- −$129.8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$163.82
- Costs to cover
- 1.568%
- Break-even
- never at this rate
Slippage from Gate: live order book, just now; KuCoin: live order book, 10 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 Gate live order book, just now | 8.57 bp | 23.5 bp −$23 | 74.7 bp −$747 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 8.99 bp | 42.6 bp −$43 | 121.8 bp −$1,218 | 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ZROUSD | −0.0024% | 1h | 1.1697 | +0.063% | $4K | $5K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0087% | 4h | 1.1691 | +0.009% | $20K | $4K | 10x | as long as short |
| dYdX ZRO-USD | +0.0092% | 1h | 1.1708 | +0.153% | $21K | $5K | 5x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1705 | +0.129% | $4.4M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1690 | 0.000% | $37.1M | $5.5M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1698 | +0.068% | $158K | $151K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1697 | +0.060% | $138K | $174K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1678 | −0.102% | $21.8M | $29.3M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1675 | −0.128% | $17.9M | $13.5M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1680 | −0.086% | $3.2M | $7.7M | 20x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ZRO_USDTlong | +0.0100% | 4h | 1.1690 | long leg | $1.3M | $1.4M | 75x | |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1689 | −0.009% | $19.2M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTMshort | +0.0100% | 4h | 1.1680 | −0.086% | $2.4M | $2.0M | 50x | |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1684 | −0.051% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1687 | −0.026% | — | $16.6M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1683 | −0.060% | $96K | $221K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1693 | +0.022% | $2.3M | $812K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1710 | +0.171% | $39K | $671K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1703 | +0.111% | $99K | $819K | 5x | as long as short |
| BloFin ZRO-USDT | +0.0103% | 4h | 1.1681 | −0.077% | $1.0M | $202K | 75x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1689 | −0.008% | $21K | — | 3x | as long as short |
| Nado ZRO-PERP | +0.0194% | 1h | 1.1709 | +0.166% | $1.3M | $126K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0293% / S −0.2341% | 1h | 1.1696 | +0.049% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0514% | 1h | 1.1693 | +0.027% | $253K | $307K | 25x | as long as short |
| Extended ZRO-USD | +0.0776% | 1h | 1.1682 | −0.067% | $803K | $625K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1317% | 1h | 1.1750 | +0.513% | $12K | $261K | 12x | as long as short |
Gate ZRO_USDT
KuCoin ZROUSDTM
01 Exchange ZROUSD
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDT
OKX ZRO-USDT-SWAP
MEXC ZRO_USDT
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
BloFin ZRO-USDT
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP