Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: ApeX Omni against KuCoin−0.069%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$138as in the Funding arb table
Net, price: spread back to 7d avg − costs−$147as in the Price arb table
costs, in and out, $10k−$1391.391% of the position
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 4 days (all we have)+0.146%+$15 · spread now −0.069%, 7d avg +0.012%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.081% cheaper against KuCoin than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ZROUSDTM | 1.1558 | 0.0100 | pay 0.0050% / 4h | 2h 24m | $2.3M | $2.0M | 50x |
| Short | ApeX Omni ZROUSDT | 1.1550 | 0.0100 | get 0.0013% / 1h | 24m 51s | $39K | $677K | 50x |
KuCoin ZROUSDTM
ApeX Omni ZROUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni 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
- $0
- Price spread: −0.069% → +0.012%
- −$8.1
- Slippage, 4 orders
- −$117.11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$147.2
- Costs to cover
- 1.391%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; ApeX Omni: live order book, 24 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, 2 min ago | 9.09 bp | 49.9 bp −$50 | 148.8 bp −$1,488 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 24 min ago | 8.58 bp | 18.5 bp −$19 | 107.8 bp −$1,078 | 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 | +0.0008% | 1h | 1.1558 | −0.003% | $21K | $5K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0066% | 4h | 1.1583 | +0.216% | $20K | $4K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1600 | +0.362% | $4.3M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1580 | +0.190% | $36.7M | $5.5M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1572 | +0.123% | $156K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1566 | +0.066% | $136K | $176K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1572 | +0.123% | $21.6M | $29.4M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1563 | +0.043% | $17.7M | $13.6M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1576 | +0.156% | $3.1M | $7.7M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1550 | −0.069% | $1.3M | $1.5M | 75x | 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-SWAP
Gate ZRO_USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1568 | +0.087% | $19.0M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTMlong | +0.0100% | 4h | 1.1558 | long leg | $2.3M | $2.0M | 50x | |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1566 | +0.069% | $2.6M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1569 | +0.095% | — | $16.5M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1575 | +0.147% | $95K | $219K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1540 | −0.159% | $2.2M | $809K | — | as long as short |
| ApeX Omni ZROUSDTshort | +0.0100% | 1h | 1.1550 | −0.069% | $39K | $677K | 50x | |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1587 | +0.251% | $101K | $815K | 5x | as long as short |
| BloFin ZRO-USDT | +0.0104% | 4h | 1.1568 | +0.087% | $1.0M | $247K | 75x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1575 | +0.147% | $20K | — | 3x | as long as short |
| 01 Exchange ZROUSD | +0.0112% | 1h | 1.1588 | +0.257% | $4K | $5K | 5x | as long as short |
| Nado ZRO-PERP | +0.0206% | 1h | 1.1577 | +0.169% | $1.3M | $126K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0292% / S −0.2341% | 1h | 1.1583 | +0.215% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0710% | 1h | 1.1588 | +0.261% | $253K | $333K | 25x | as long as short |
| Extended ZRO-USD | +0.0960% | 1h | 1.1566 | +0.073% | $791K | $625K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1343% | 1h | 1.1610 | +0.450% | $12K | $260K | 12x | as long as short |
MEXC ZRO_USDT
Bitget ZROUSDT
BingX ZRO-USDT
Backpack ZRO_USDC_PERP
Variational Omni ZRO
Polymarket Perps ZRO-USD
BloFin ZRO-USDT
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