Funding you earn now, next payment 00:00 UTC−0.0204%/8h= −22.3% APRpaid last 24h +0.003%
Price spread now: KuCoin against Bybit−0.084%7-day average −0.080% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,048as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,083as in the Price arb table
costs, in and out, $10k−$1,08210.822% of the position
Funding, last 7 days+0.345%+$34 on $10k
+Price spread, last 4 days (all we have)−0.146%−$15 · spread now −0.084%, 7d avg −0.080%
=The price spread sits at its 7-day average of −0.080%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.345%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ZRXUSDT | 0.1197 | 0 | get 0.0000% / 8h | 40m 09s | $1.4M | $341K | 25x |
| Short | KuCoin ZRXUSDTM | 0.1196 | −0.0204 | pay 0.0102% / 4h | 40m 09s | $328K | $59K | 30x |
Bybit ZRXUSDT
KuCoin ZRXUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bybit. 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
- −$42.84
- Price spread: −0.084% → −0.080%
- −$0.35
- Slippage, 4 orders
- −$1,059.19
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,125.38
- Costs to cover
- 10.822%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; KuCoin: live order book, 21 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 Bybit live order book, 1 min ago | 4.18 bp | 56.6 bp −$57 | 182.6 bp −$1,826 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 21 min ago | 16.75 bp | 298.8 bp −$299 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZRXUSDTMshort | −0.0204% | 4h | 0.1196 | −0.084% | $328K | $59K | 30x | |
| Bybit ZRXUSDTlong | 0.0000% | 8h | 0.1197 | long leg | $1.4M | $341K | 25x | |
| Binance ZRXUSDT | +0.0100% | 4h | 0.1196 | −0.084% | $1.8M | $1.2M | 50x | as long as short |
| OKX ZRX-USDT-SWAP | +0.0100% | 4h | 0.1198 | +0.058% | $531K | $263K | 20x | as long as short |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1197 | −0.008% | $146K | $41K | 75x | as long as short |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1196 | −0.084% | $908K | $158K | 50x | as long as short |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1198 | +0.084% | $581K | $121K | 50x | as long as short |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1198 | +0.084% | — | $2.3M | — | as long as short |
| Variational Omni ZRX | +0.0100% | 8h | 0.1197 | +0.004% | $23K | $41K | — | as long as short |
| BloFin ZRX-USDT | +0.0126% | 4h | 0.1197 | 0.000% | $95K | $19K | 50x | as long as short |
Binance ZRXUSDT
OKX ZRX-USDT-SWAP
Gate ZRX_USDT
MEXC ZRX_USDT
Bitget ZRXUSDT
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 | +0.1200% | 1h | 0.1199 | +0.171% | $39K | $4K | 10x | as long as short |
Kraken Futures PF_ZRXUSD