Funding you earn now, next payment 00:00 UTC−0.0027%/8h= −3.0% APRpaid last 24h −0.044%
Price spread now: Bybit against Aster+0.320%7-day average +0.417% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$152as in the Price arb table
costs, in and out, $10k−$1421.421% of the position
Funding, last 5 days (all we have)−0.810%−$81 on $10k
+Price spread, last 4 days (all we have)−0.029%−$3 · spread now +0.320%, 7d avg +0.417%
=Together, before fees−0.839%+ Points / potential airdropAster: Stage 5 · farm board−$84 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.098% cheaper against Aster than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.417%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ZILUSDT | 0.003598 | −0.0517 | get 0.0259% / 4h | 1h 49m | $145K | $50K | 10x |
| Short | Bybit ZILUSDT | 0.003609 | −0.0545 | pay 0.0545% / 8h | 1h 49m | $2.9M | $4.1M | 25x |
Aster ZILUSDT
Bybit ZILUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Aster. 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
- −$5.72
- Price spread: +0.320% → +0.417%
- −$9.78
- Slippage, 4 orders
- −$123.05
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$157.56
- Costs to cover
- 1.421%
- Break-even
- never at this rate
Slippage from Aster: live order book, 31 min ago; Bybit: live order book, 3 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 Aster live order book, 31 min ago | 13.83 bp | 37.9 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 1.38 bp | 23.3 bp −$23 | 104.3 bp −$1,043 | doesn't fit | doesn't fit |
ZIL on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZILUSD | −0.2981% | 1h | 0.003617 | +0.536% | $29K | $8K | 10x | as long as short |
| Gate ZIL_USDT | −0.2556% | 4h | 0.003609 | +0.320% | $413K | $323K | 50x | as long as short |
| KuCoin ZILUSDTM | −0.1894% | 4h | 0.003626 | +0.792% | $2.4M | $221K | 25x | as long as short |
| OKX ZIL-USDT-SWAP | −0.0651% | 4h | 0.003608 | +0.292% | $1.0M | $2.9M | 20x | as long as short |
| BingX ZIL-USDT | −0.0614% | 4h | 0.003608 | +0.292% | — | $2.5M | — | as long as short |
| Bitget ZILUSDT | −0.0572% | 4h | 0.003606 | +0.236% | $1.2M | $855K | 25x | as long as short |
| Bybit ZILUSDTshort | −0.0545% | 8h | 0.003609 | +0.320% | $2.9M | $4.1M | 25x | |
| Aster ZILUSDTlong | −0.0517% | 4h | 0.003598 | long leg | $145K | $50K | 10x | |
| BloFin ZIL-USDT | −0.0490% | 4h | 0.003604 | +0.181% | $255K | $159K | 25x | as long as short |
| Binance ZILUSDT | −0.0476% | 4h | 0.003603 | +0.153% | $4.4M | $11.2M | 25x | as long as short |
Kraken Futures PF_ZILUSD
Gate ZIL_USDT
KuCoin ZILUSDTM
OKX ZIL-USDT-SWAP
BingX ZIL-USDT
Bitget ZILUSDT
BloFin ZIL-USDT
Binance ZILUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ZIL_USDT | −0.0474% | 4h | 0.003601 | +0.097% | $2.4M | $899K | 125x | as long as short |
| Variational Omni ZIL | −0.0418% | 8h | 0.003612 | +0.408% | $16K | $26K | — | as long as short |
MEXC ZIL_USDT
Variational Omni ZIL