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: Binance against KuCoin+0.059%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$1141.135% of the position
Funding, last 7 days−0.017%−$2 on $10k
+Price spread, last 7 days−0.072%−$7 · spread now +0.059%, 7d avg −0.008%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.067% dearer against KuCoin than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ZROUSDTM | 1.1767 | 0.0100 | pay 0.0050% / 4h | 3h 45m | $2.4M | $2.0M | 50x |
| Short | Binance ZROUSDT | 1.1774 | 0.0100 | get 0.0050% / 4h | 3h 45m | $22.1M | $29.8M | 75x |
KuCoin ZROUSDTM
Binance ZROUSDTFunding 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
- $0
- Price spread: +0.059% → −0.008%
- $6.74
- Slippage, 4 orders
- −$91.52
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$106.78
- Costs to cover
- 1.135%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 1 min ago; Binance: live order book, 11 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, 1 min ago | 7.65 bp | 40.0 bp −$40 | 145.1 bp −$1,451 | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 0.43 bp | 11.6 bp −$12 | 32.0 bp −$320 | 235.9 bp −$23.6K | 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 | +0.0031% | 1h | 1.1777 | +0.089% | $21K | $4K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0047% | 4h | 1.1779 | +0.102% | $21K | $5K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1792 | +0.213% | $4.4M | $1.2M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1780 | +0.107% | $159K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1774 | +0.057% | $137K | $178K | 5x | as long as short |
| Binance ZROUSDTshort | +0.0100% | 4h | 1.1774 | +0.059% | $22.1M | $29.8M | 75x | |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1769 | +0.017% | $18.0M | $13.9M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1779 | +0.102% | $3.2M | $7.9M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1760 | −0.059% | $1.3M | $1.5M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1769 | +0.017% | $19.3M | $2.7M | 125x | as long as short |
dYdX ZRO-USD
Orderly PERP_ZRO_USDC
Lighter ZRO
Aster ZROUSDT
Pacifica ZRO
Bybit ZROUSDT
OKX ZRO-USDT-SWAP
Gate ZRO_USDT
MEXC ZRO_USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZROUSDTMlong | +0.0100% | 4h | 1.1767 | long leg | $2.4M | $2.0M | 50x | |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1774 | +0.059% | $2.7M | $2.6M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1774 | +0.059% | — | $16.4M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1770 | +0.025% | $2.3M | $809K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1770 | +0.025% | $39K | $675K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1777 | +0.085% | $100K | $850K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1775 | +0.068% | $21K | — | 3x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0110% | 1h | 1.1778 | +0.093% | $98K | $220K | 20x | as long as short |
| BloFin ZRO-USDT | +0.0136% | 4h | 1.1756 | −0.093% | $1.1M | $250K | 75x | as long as short |
| Nado ZRO-PERP | +0.0223% | 1h | 1.1773 | +0.048% | $1.3M | $124K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0293% / S −0.2341% | 1h | 1.1776 | +0.077% | $3K | — | 100x | as long as short |
| 01 Exchange ZROUSD | +0.0296% | 1h | 1.1782 | +0.127% | $7K | $3K | 5x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0460% | 1h | 1.1785 | +0.156% | $259K | $384K | 25x | as long as short |
| Hyperliquid ZRO | +0.0492% | 1h | 1.1789 | +0.187% | $37.4M | $5.5M | 5x | as long as short |
| Extended ZRO-USD | +0.1040% | 1h | 1.1779 | +0.102% | $788K | $589K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1363% | 1h | 1.1820 | +0.450% | $12K | $261K | 12x | as long as short |
Bitget ZROUSDT
BingX ZRO-USDT
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
Backpack ZRO_USDC_PERP
BloFin ZRO-USDT
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
01 Exchange ZROUSD
Kraken Futures PF_ZROUSD
Hyperliquid ZRO
Extended ZRO-USD
Injective ZRO/USDC PERP