Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.012%
Price spread now: KuCoin against Bitget−0.084%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,015as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,017as in the Price arb table
costs, in and out, $10k−$1,01110.108% of the position
Funding, last 7 days−0.037%−$4 on $10k
+Price spread, last 4 days (all we have)+0.012%+$1 · spread now −0.084%, 7d avg −0.023%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.061% cheaper against Bitget than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ZRXUSDT | 0.1184 | 0.0100 | pay 0.0050% / 4h | 17m 13s | $591K | $140K | 50x |
| Short | KuCoin ZRXUSDTM | 0.1183 | 0.0100 | get 0.0050% / 4h | 17m 13s | $291K | $58K | 30x |
Bitget ZRXUSDT
KuCoin ZRXUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bitget. 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: −0.084% → −0.023%
- −$6.13
- Slippage, 4 orders
- −$986.79
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,016.93
- Costs to cover
- 10.108%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 18 min ago; KuCoin: live order book, 15 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 Bitget live order book, 18 min ago | 8.44 bp | 33.0 bp −$33 | 196.6 bp −$1,966 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 15 min ago | 12.67 bp | 577.8 bp −$578 | doesn't fit | doesn't fit | doesn't fit |
ZRX on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ZRXUSDT | +0.0100% | 4h | 0.1185 | +0.121% | $1.7M | $1.4M | 50x | as long as short |
| Bybit ZRXUSDT | +0.0100% | 8h | 0.1184 | −0.008% | $1.4M | $336K | 25x | as long as short |
| OKX ZRX-USDT-SWAP | +0.0100% | 4h | 0.1184 | +0.025% | $519K | $358K | 20x | as long as short |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1181 | −0.236% | $141K | $37K | 75x | as long as short |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1184 | 0.000% | $888K | $169K | 50x | as long as short |
| KuCoin ZRXUSDTMshort | +0.0100% | 4h | 0.1183 | −0.084% | $291K | $58K | 30x | |
| Bitget ZRXUSDTlong | +0.0100% | 4h | 0.1184 | long leg | $591K | $140K | 50x | |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1182 | −0.169% | — | $2.3M | — | as long as short |
| Variational Omni ZRX | +0.0100% | 8h | 0.1183 | −0.089% | $22K | $13K | — | as long as short |
| BloFin ZRX-USDT | +0.0104% | 4h | 0.1186 | +0.169% | $92K | $23K | 50x | as long as short |
Binance ZRXUSDT
Bybit ZRXUSDT
OKX ZRX-USDT-SWAP
Gate ZRX_USDT
MEXC ZRX_USDT
BingX ZRX-USDT
Variational Omni ZRX
BloFin ZRX-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZRXUSD | +0.0627% | 1h | 0.1187 | +0.220% | $38K | $5K | 10x | as long as short |
Kraken Futures PF_ZRXUSD