Funding you earn now, next payment 04:00 UTC−0.0377%/8h= −41.3% APRnext payment −$1.88 per $10,000 · paid last 24h −0.210%
Price spread now: OKX against Aster+0.270%7-day average +0.330% · 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−$141as in the Price arb table
costs, in and out, $10k−$1351.354% of the position
Funding, last 5 days (all we have)−0.489%−$49 on $10k
+Price spread, last 4 days (all we have)+0.030%+$3 · spread now +0.270%, 7d avg +0.330%
=Together, before fees−0.459%+ Points / potential airdropAster: Stage 5 · farm board−$46 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and OKX is 0.059% cheaper against Aster than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.330%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ZILUSDT | 0.003660 | −0.0920 | get 0.0460% / 4h | 2h 05m | $149K | $54K | 10x |
| Short | OKX ZIL-USDT-SWAP | 0.003670 | −0.1296 | pay 0.0648% / 4h | 2h 05m | $1.0M | $2.7M | 20x |
Aster ZILUSDT
OKX ZIL-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$79.14
- Price spread: +0.270% → +0.330%
- −$5.93
- Slippage, 4 orders
- −$117.38
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$220.45
- Costs to cover
- 1.354%
- Break-even
- never at this rate
Slippage from Aster: live order book, 61 min ago; OKX: live order book, 2 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, 61 min ago | 13.76 bp | 48.4 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 2.73 bp | 25.0 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
ZIL 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZILUSD | −0.3587% | 1h | 0.003680 | +0.538% | $30K | $8K | 10x | as long as short |
| Gate ZIL_USDT | −0.2588% | 4h | 0.003676 | +0.434% | $401K | $349K | 50x | as long as short |
| KuCoin ZILUSDTM | −0.2420% | 4h | 0.003692 | +0.872% | $2.4M | $221K | 25x | as long as short |
| Bybit ZILUSDT | −0.1803% | 8h | 0.003669 | +0.243% | $2.9M | $3.6M | 25x | as long as short |
| BingX ZIL-USDT | −0.1640% | 4h | 0.003668 | +0.216% | — | $2.5M | — | as long as short |
| OKX ZIL-USDT-SWAPshort | −0.1296% | 4h | 0.003670 | +0.270% | $1.0M | $2.7M | 20x | |
| Variational Omni ZIL | −0.0935% | 8h | 0.003667 | +0.185% | $16K | $26K | — | as long as short |
| Aster ZILUSDTlong | −0.0920% | 4h | 0.003660 | long leg | $149K | $54K | 10x | |
| Binance ZILUSDT | −0.0799% | 4h | 0.003662 | +0.055% | $4.4M | $10.5M | 25x | as long as short |
| MEXC ZIL_USDT | −0.0798% | 4h | 0.003662 | +0.052% | $2.5M | $848K | 125x | as long as short |
Kraken Futures PF_ZILUSD
Gate ZIL_USDT
KuCoin ZILUSDTM
Bybit ZILUSDT
BingX ZIL-USDT
Variational Omni ZIL
Binance ZILUSDT
MEXC ZIL_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ZILUSDT | −0.0358% | 4h | 0.003667 | +0.189% | $1.3M | $861K | 25x | as long as short |
Bitget ZILUSDT