Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.030%
Price spread now: OKX against KuCoin−0.117%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1411.415% of the position
Funding, last 7 days−0.066%−$7 on $10k
+Price spread, last 7 days+0.193%+$19 · spread now −0.117%, 7d avg +0.001%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.118% cheaper against KuCoin than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ZROUSDTM | 1.1930 | 0.0100 | pay 0.0050% / 4h | 3h 36m | $2.5M | $2.2M | 50x |
| Short | OKX ZRO-USDT-SWAP | 1.1916 | 0.0100 | get 0.0050% / 4h | 3h 36m | $3.2M | $8.0M | 20x |
KuCoin ZROUSDTM
OKX ZRO-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.117% → +0.001%
- −$11.81
- Slippage, 4 orders
- −$119.49
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$153.29
- Costs to cover
- 1.415%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 10 min ago; OKX: live order book, 1 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, 10 min ago | 5.43 bp | 49.4 bp −$49 | 133.6 bp −$1,336 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 2.94 bp | 17.0 bp −$17 | 77.5 bp −$775 | 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 | −0.0272% | 1h | 1.1920 | −0.083% | $4K | $5K | 5x | as long as short |
| dYdX ZRO-USD | 0.0000% | 1h | 1.1917 | −0.109% | $21K | $5K | 5x | as long as short |
| BloFin ZRO-USDT | +0.0048% | 4h | 1.1906 | −0.201% | $1.1M | $201K | 75x | as long as short |
| Orderly PERP_ZRO_USDC | +0.0073% | 4h | 1.1920 | −0.084% | $21K | $4K | 10x | as long as short |
| Lighter ZRO | +0.0096% | 1h | 1.1935 | +0.039% | $4.4M | $1.2M | 5x | as long as short |
| Hyperliquid ZRO | +0.0100% | 1h | 1.1936 | +0.050% | $37.8M | $5.3M | 5x | as long as short |
| Aster ZROUSDT | +0.0100% | 4h | 1.1929 | −0.012% | $161K | $151K | 10x | as long as short |
| Pacifica ZRO | +0.0100% | 1h | 1.1920 | −0.081% | $138K | $170K | 5x | as long as short |
| Binance ZROUSDT | +0.0100% | 4h | 1.1921 | −0.075% | $22.4M | $29.6M | 75x | as long as short |
| Bybit ZROUSDT | +0.0100% | 4h | 1.1917 | −0.109% | $18.3M | $13.4M | 50x | as long as short |
01 Exchange ZROUSD
dYdX ZRO-USD
BloFin ZRO-USDT
Orderly PERP_ZRO_USDC
Lighter ZRO
Hyperliquid ZRO
Aster ZROUSDT
Pacifica ZRO
Binance ZROUSDT
Bybit ZROUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ZRO-USDT-SWAPshort | +0.0100% | 4h | 1.1916 | −0.117% | $3.2M | $8.0M | 20x | |
| Gate ZRO_USDT | +0.0100% | 4h | 1.1910 | −0.168% | $1.4M | $1.3M | 75x | as long as short |
| MEXC ZRO_USDT | +0.0100% | 4h | 1.1926 | −0.034% | $20.1M | $2.7M | 125x | as long as short |
| KuCoin ZROUSDTMlong | +0.0100% | 4h | 1.1930 | long leg | $2.5M | $2.2M | 50x | |
| Bitget ZROUSDT | +0.0100% | 4h | 1.1923 | −0.059% | $2.7M | $2.6M | 75x | as long as short |
| BingX ZRO-USDT | +0.0100% | 4h | 1.1915 | −0.126% | — | $21.7M | — | as long as short |
| Variational Omni ZRO | +0.0100% | 4h | 1.1939 | +0.072% | $2.3M | $765K | — | as long as short |
| ApeX Omni ZROUSDT | +0.0100% | 1h | 1.1940 | +0.084% | $40K | $668K | 50x | as long as short |
| Polymarket Perps ZRO-USD | +0.0100% | 1h | 1.1930 | 0.000% | $101K | $805K | 5x | as long as short |
| Aevo ZRO-PERP | +0.0104% | 1h | 1.1915 | −0.125% | $21K | — | 3x | as long as short |
| Nado ZRO-PERP | +0.0166% | 1h | 1.1922 | −0.065% | $1.4M | $130K | 5x | as long as short |
| GMX ZRO/USD [ETH-USDC] | L +0.0295% / S −0.2341% | 1h | 1.1926 | −0.034% | $3K | — | 100x | as long as short |
| Extended ZRO-USD | +0.0408% | 1h | 1.1923 | −0.057% | $815K | $647K | 10x | as long as short |
| Kraken Futures PF_ZROUSD | +0.0550% | 1h | 1.1924 | −0.052% | $271K | $318K | 25x | as long as short |
| Backpack ZRO_USDC_PERP | +0.0620% | 1h | 1.1929 | −0.008% | $96K | $222K | 20x | as long as short |
| Injective ZRO/USDC PERP | +0.1160% | 1h | 1.1960 | +0.251% | $13K | $258K | 12x | as long as short |
Gate ZRO_USDT
MEXC ZRO_USDT
Bitget ZROUSDT
BingX ZRO-USDT
Variational Omni ZRO
ApeX Omni ZROUSDT
Polymarket Perps ZRO-USD
Aevo ZRO-PERP
Nado ZRO-PERP
GMX ZRO/USD [ETH-USDC]
Extended ZRO-USD
Kraken Futures PF_ZROUSD
Backpack ZRO_USDC_PERP
Injective ZRO/USDC PERP