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: Binance against KuCoin−0.077%7-day average +0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$966as in the Funding arb table
Net, price: spread back to 7d avg − costs−$989as in the Price arb table
costs, in and out, $10k−$9739.731% of the position
Funding, last 7 days+0.068%+$7 on $10k
+Price spread, last 4 days (all we have)+0.289%+$29 · spread now −0.077%, 7d avg +0.077%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.155% cheaper against KuCoin than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.077%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ZRXUSDTM | 0.1191 | 0.0100 | pay 0.0050% / 4h | 1h 21m | $298K | $58K | 30x |
| Short | Binance ZRXUSDT | 0.1190 | 0.0100 | get 0.0050% / 4h | 1h 21m | $1.7M | $1.4M | 50x |
KuCoin ZRXUSDTM
Binance ZRXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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: −0.077% → +0.077%
- −$15.48
- Slippage, 4 orders
- −$951.1
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$988.58
- Costs to cover
- 9.731%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 21 min ago; Binance: live order book, 12 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, 21 min ago | 25.19 bp | 287.2 bp −$287 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 4.22 bp | 39.8 bp −$40 | 88.5 bp −$885 | 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 ZRXUSDTshort | +0.0100% | 4h | 0.1190 | −0.077% | $1.7M | $1.4M | 50x | |
| Bybit ZRXUSDT | +0.0100% | 8h | 0.1190 | −0.067% | $1.4M | $338K | 25x | as long as short |
| OKX ZRX-USDT-SWAP | +0.0100% | 4h | 0.1190 | −0.084% | $523K | $364K | 20x | as long as short |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1189 | −0.168% | $142K | $40K | 75x | as long as short |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1190 | −0.084% | $894K | $164K | 50x | as long as short |
| KuCoin ZRXUSDTMlong | +0.0100% | 4h | 0.1191 | long leg | $298K | $58K | 30x | |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1189 | −0.168% | $597K | $139K | 50x | as long as short |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1190 | −0.084% | — | $2.3M | — | as long as short |
| Variational Omni ZRX | +0.0100% | 8h | 0.1190 | −0.093% | $23K | $13K | — | as long as short |
| BloFin ZRX-USDT | +0.0157% | 4h | 0.1190 | −0.084% | $92K | $23K | 50x | as long as short |
Bybit 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 | +0.2092% | 1h | 0.1195 | +0.306% | $38K | $5K | 10x | as long as short |
Kraken Futures PF_ZRXUSD