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: Bybit against KuCoin−0.034%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1351.353% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 7 days+0.082%+$8 · spread now −0.034%, 7d avg −0.031%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ZROUSDTM | 1.1693 | 0.0100 | pay 0.0050% / 4h | 1h 44m | $2.4M | $2.0M | 50x |
| Short | Bybit ZROUSDT | 1.1689 | 0.0100 | get 0.0050% / 4h | 1h 44m | $17.9M | $13.5M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.034% → −0.031%
- −$0.31
- Slippage, 4 orders
- −$112.35
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$135.66
- Costs to cover
- 1.353%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; Bybit: live order book, 4 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 | 10.71 bp | 58.0 bp −$58 | 160.3 bp −$1,603 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 0.86 bp | 15.4 bp −$15 | 38.9 bp −$389 | 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 | −0.0040% | 1h | 1.1683 | −0.089% | $4K | $5K | 5x | as long as short |
| BloFin ZRO-USDT | +0.0062% | 4h | 1.1685 | −0.068% | $1.0M | $202K | 75x | as long as short |
| dYdX ZRO-USD | +0.0079% | 1h | 1.1683 | −0.084% | $21K | $5K | 5x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0089% | 4h | 1.1708 | +0.128% | $20K | $4K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1729 | +0.304% | $4.4M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1711 | +0.154% | $37.1M | $5.5M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1702 | +0.077% | $158K | $151K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1680 | −0.111% | $138K | $174K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1696 | +0.026% | $21.9M | $29.3M | 75x | as long as short |
| Bybit ZROUSDTshort | +0.0100% | 4h | 1.1689 | −0.034% | $17.9M | $13.5M | 50x |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ZRO-USDT-SWAP | +0.0100% | 4h | 1.1698 | +0.043% | $3.2M | $7.7M | 20x | as long as short |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1700 | +0.060% | $1.3M | $1.4M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1696 | +0.026% | $19.2M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTMlong | +0.0100% | 4h | 1.1693 | long leg | $2.4M | $2.0M | 50x | |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1698 | +0.043% | $2.7M | $2.5M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1695 | +0.017% | — | $16.6M | — | as long as short |
| Backpack ZRO_USDC_PERP | +0.0100% | 1h | 1.1715 | +0.188% | $95K | $220K | 20x | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1666 | −0.227% | $2.3M | $812K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1710 | +0.145% | $39K | $671K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1711 | +0.154% | $99K | $819K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1705 | +0.103% | $21K | — | 3x | as long as short |
| Nado ZRO-PERP | +0.0200% | 1h | 1.1701 | +0.068% | $1.3M | $126K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0293% / S −0.2341% | 1h | 1.1711 | +0.158% | $3K | — | 100x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0513% | 1h | 1.1716 | +0.199% | $254K | $307K | 25x | as long as short |
| Extended ZRO-USD | +0.0760% | 1h | 1.1697 | +0.031% | $799K | $625K | 10x | as long as short |
| Injective ZRO/USDC PERP | +0.1317% | 1h | 1.1730 | +0.316% | $12K | $261K | 12x | as long as short |
KuCoin ZROUSDTM
Bybit ZROUSDT
01 Exchange ZROUSD
BloFin ZRO-USDT
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance 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
GMX ZRO/USD [ETH-USDC]
Kraken Futures PF_ZROUSD
Extended ZRO-USD
Injective ZRO/USDC PERP