Funding you earn now, next payment 08:00 UTC+0.0528%/8h= +57.8% APRnext payment +$2.64 per $10,000 · paid last 24h −0.126%
Price spread now: BingX against Binance+0.163%7-day average +0.093% · you sell dearer than you buy
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$840.837% of the position
Funding, last 7 days−0.280%−$28 on $10k
+Price spread, last 7 days−0.203%−$20 · spread now +0.163%, 7d avg +0.093%
=Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and BingX is 0.070% dearer against Binance than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.093%. Mind the row above: over the last 7 days funding on this pair cost −0.280%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.280% in total (about -14.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.64 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZILUSDT | 0.003686 | −0.0802 | get 0.0401% / 4h | 23m 50s | $4.4M | $9.9M | 25x |
| Short | BingX ZIL-USDT | 0.003692 | −0.0274 | pay 0.0137% / 4h | 23m 50s | — | $2.5M | — |
Binance ZILUSDT
BingX ZIL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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
- $110.91
- Price spread: +0.163% → +0.093%
- $7
- Slippage, 4 orders
- −$63.73
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $34.18
- Costs to cover
- 0.837%
- Break-even
- 4.8 days
Slippage from Binance: live order book, 1 min ago; BingX: live order book, 1 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 Binance live order book, 1 min ago | 1.36 bp | 22.1 bp −$22 | 78.5 bp −$785 | doesn't fit | doesn't fit |
| Sell BingX live order book, 1 min ago | 2.71 bp | 22.4 bp −$22 | 55.8 bp −$558 | 404.8 bp −$40.5K | 471.1 bp −$235.5K |
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 | −0.3569% | 1h | 0.003699 | +0.357% | $30K | $7K | 10x | as long as short |
| KuCoin ZILUSDTM | −0.2236% | 4h | 0.003720 | +0.922% | $2.4M | $212K | 25x | as long as short |
| Gate ZIL_USDT | −0.1316% | 4h | 0.003699 | +0.353% | $377K | $345K | 50x | as long as short |
| Bybit ZILUSDT | −0.1275% | 8h | 0.003693 | +0.190% | $2.9M | $3.1M | 25x | as long as short |
| Variational Omni ZIL | −0.1040% | 8h | 0.003690 | +0.117% | $16K | $20K | — | as long as short |
| MEXC ZIL_USDT | −0.0804% | 4h | 0.003686 | 0.000% | $2.3M | $716K | 125x | as long as short |
| BloFin ZIL-USDT | −0.0803% | 4h | 0.003688 | +0.054% | $258K | $146K | 25x | as long as short |
| Binance ZILUSDTlong | −0.0802% | 4h | 0.003686 | long leg | $4.4M | $9.9M | 25x | |
| OKX ZIL-USDT-SWAP | −0.0659% | 4h | 0.003694 | +0.217% | $1.0M | $2.6M | 20x | as long as short |
| Aster ZILUSDT | −0.0654% | 4h | 0.003682 | −0.106% | $150K | $47K | 10x | as long as short |
Kraken Futures PF_ZILUSD
KuCoin ZILUSDTM
Gate ZIL_USDT
Bybit ZILUSDT
Variational Omni ZIL
MEXC ZIL_USDT
BloFin ZIL-USDT
OKX ZIL-USDT-SWAP
Aster ZILUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ZILUSDT | −0.0366% | 4h | 0.003691 | +0.136% | $1.3M | $794K | 25x | as long as short |
| BingX ZIL-USDTshort | −0.0274% | 4h | 0.003692 | +0.163% | — | $2.5M | — |
Bitget ZILUSDT