Settings8H · net · $10k
Funding arb · Price arb /

ZIL

all ZIL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0215%/8h= −23.6% APRnext payment $1.08 per $10,000 · paid last 24h −0.244%
Price spread now: BingX against Aster+0.128%7-day average +0.299% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1091.093% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.580%−$58 on $10k
Price spread, last 4 days (all we have)−0.110%−$11 · spread now +0.128%, 7d avg +0.299%
Together, before fees−0.690%+ Points / potential airdropAster: Stage 5 · farm board−$69 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and BingX is 0.171% cheaper against Aster than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of +0.299%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZILUSDT0.003615−0.0681get 0.0340% / 4h59m 13s$146K$50K10x
ShortBingX ZIL-USDT0.003620−0.0896pay 0.0448% / 4h59m 13s$2.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$45.21
Price spread: +0.128% → +0.299%
−$17.09
Slippage, 4 orders
−$91.28
Fee Aster: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$171.58
Costs to cover
1.093%
Break-even
never at this rate
Slippage from Aster: live order book, 17 min ago; BingX: live order book, 15 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 17 min ago13.87 bp47.2 bp −$47doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 15 min ago4.15 bp21.9 bp −$2249.4 bp −$494409.0 bp −$40.9K501.0 bp −$250.5K

ZIL on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZILUSD−0.3230%1h0.003633+0.481%$30K$8K10xas long as short
KuCoin ZILUSDTM−0.1924%4h0.003642+0.737%$2.4M$215K25xas long as short
Gate ZIL_USDT−0.1546%4h0.003624+0.239%$412K$324K50xas long as short
OKX ZIL-USDT-SWAP−0.0936%4h0.003620+0.128%$1.0M$2.8M20xas long as short
BingX ZIL-USDTshort−0.0896%4h0.003620+0.128%$2.5M
Bitget ZILUSDT−0.0706%4h0.003618+0.073%$1.2M$834K25xas long as short
Aster ZILUSDTlong−0.0681%4h0.003615long leg$146K$50K10x
Binance ZILUSDT−0.0555%4h0.003612−0.093%$4.4M$11.1M25xas long as short
MEXC ZIL_USDT−0.0550%4h0.003611−0.121%$2.4M$873K125xas long as short
BloFin ZIL-USDT−0.0547%4h0.003615−0.010%$256K$160K25xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ZILUSDT−0.0510%8h0.003617+0.045%$2.9M$4.1M25xas long as short
Variational Omni ZIL−0.0428%8h0.003619+0.087%$16K$26Kas long as short