Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.02 per $10,000 · paid last 24h +0.004%
Price spread now: BloFin against KuCoin−0.034%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1261.264% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.183%−$18 · spread now −0.034%, 7d avg −0.028%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ZROUSDTM | 1.1780 | 0.0100 | pay 0.0050% / 4h | 3h 17m | $2.4M | $2.0M | 50x |
| Short | BloFin ZRO-USDT | 1.1776 | 0.0104 | get 0.0052% / 4h | 3h 17m | $1.1M | $250K | 75x |
Funding 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
- $0.75
- Price spread: −0.034% → −0.028%
- −$0.63
- Slippage, 4 orders
- −$102.43
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$126.31
- Costs to cover
- 1.264%
- Break-even
- 1185.7 days
Slippage from KuCoin: live order book, 4 min ago; BloFin: live order book, 5 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, 4 min ago | 8.93 bp | 37.7 bp −$38 | 137.4 bp −$1,374 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 5 min ago | 1.70 bp | 21.4 bp −$21 | 37.0 bp −$370 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ZRO_USDC | +0.0050% | 4h | 1.1786 | +0.051% | $21K | $5K | 10x | as long as short |
| dYdX ZRO-USD | +0.0098% | 1h | 1.1787 | +0.058% | $21K | $4K | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1788 | +0.071% | $159K | $150K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1784 | +0.032% | $137K | $178K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1775 | −0.041% | $22.1M | $29.6M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1776 | −0.034% | $18.0M | $13.7M | 50x | as long as short |
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1778 | −0.017% | $3.2M | $7.9M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1780 | 0.000% | $1.3M | $1.5M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1776 | −0.034% | $19.3M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTMlong | +0.0100% | 4h | 1.1780 | long leg | $2.4M | $2.0M | 50x |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ZROUSDT | +0.0100% | 4h | 1.1780 | 0.000% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1778 | −0.017% | — | $16.4M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1765 | −0.127% | $98K | $221K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1745 | −0.293% | $2.3M | $809K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1770 | −0.085% | $39K | $676K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1790 | +0.085% | $100K | $847K | 5x | as long as short |
| BloFin ZRO-USDTshort | +0.0104% | 4h | 1.1776 | −0.034% | $1.1M | $250K | 75x | |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1785 | +0.039% | $21K | — | 3x | as long as short |
| Lighter ZRO | +0.0112% | 1h | 1.1811 | +0.260% | $4.4M | $1.2M | 5x | as long as short |
| Nado ZRO-PERP | +0.0206% | 1h | 1.1780 | +0.004% | $1.3M | $124K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0293% / S −0.2341% | 1h | 1.1786 | +0.048% | $3K | — | 100x | as long as short |
| 01 Exchange ZROUSD | +0.0344% | 1h | 1.1796 | +0.137% | $7K | $3K | 5x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0460% | 1h | 1.1789 | +0.077% | $257K | $356K | 25x | as long as short |
| Hyperliquid ZRO | +0.0593% | 1h | 1.1798 | +0.153% | $37.5M | $5.5M | 5x | as long as short |
| Extended ZRO-USD | +0.1080% | 1h | 1.1784 | +0.030% | $804K | $625K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1363% | 1h | 1.1830 | +0.424% | $12K | $261K | 12x | as long as short |
KuCoin ZROUSDTM
BloFin ZRO-USDT
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDT
OKX ZRO-USDT-SWAP
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
Lighter ZRO
GMX ZRO/USD [ETH-USDC]
01 Exchange ZROUSD
Kraken Futures PF_ZROUSD
Hyperliquid ZRO
Extended ZRO-USD
Injective ZRO/USDC PERP