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: Bitget against KuCoin+0.084%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,007as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,005as 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: Bitget is 0.061% dearer against KuCoin than usual: you sell high and buy low, +$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 | KuCoin ZRXUSDTM | 0.1185 | 0.0100 | pay 0.0050% / 4h | 16m 13s | $291K | $58K | 30x |
| Short | Bitget ZRXUSDT | 0.1186 | 0.0100 | get 0.0050% / 4h | 16m 13s | $592K | $140K | 50x |
KuCoin ZRXUSDTM
Bitget ZRXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: +0.084% → +0.023%
- $6.12
- Slippage, 4 orders
- −$986.79
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$1,004.67
- Costs to cover
- 10.108%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 16 min ago; Bitget: live order book, 19 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, 16 min ago | 12.67 bp | 379.4 bp −$379 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 19 min ago | 8.44 bp | 20.7 bp −$21 | 106.4 bp −$1,064 | 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 | 0.1187 | +0.163% | $1.7M | $1.4M | 50x | as long as short |
| Bybit ZRXUSDT | +0.0100% | 8h | 0.1187 | +0.203% | $1.4M | $336K | 25x | as long as short |
| OKX ZRX-USDT-SWAP | +0.0100% | 4h | 0.1187 | +0.135% | $520K | $358K | 20x | as long as short |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1184 | −0.101% | $141K | $37K | 75x | as long as short |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1187 | +0.169% | $891K | $169K | 50x | as long as short |
| KuCoin ZRXUSDTMlong | +0.0100% | 4h | 0.1185 | long leg | $291K | $58K | 30x | |
| Bitget ZRXUSDTshort | +0.0100% | 4h | 0.1186 | +0.084% | $592K | $140K | 50x | |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1186 | +0.084% | — | $2.3M | — | as long as short |
| Variational Omni ZRX | +0.0100% | 8h | 0.1183 | −0.174% | $22K | $13K | — | as long as short |
| BloFin ZRX-USDT | +0.0104% | 4h | 0.1186 | +0.084% | $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 | +0.0626% | 1h | 0.1189 | +0.363% | $38K | $5K | 10x | as long as short |
Kraken Futures PF_ZRXUSD