Funding you earn now, next payment 12:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: MEXC against Binance−0.022%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$570.574% of the position
Funding, last 7 days−0.005%−$1 on $10k
+Price spread, last 7 days+0.045%+$4 · spread now −0.022%, 7d avg +0.009%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.031% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZILUSDT | 0.003718 | −0.0723 | get 0.0361% / 4h | 3h 57m | $4.5M | $10.0M | 25x |
| Short | MEXC ZIL_USDT | 0.003717 | −0.0722 | pay 0.0361% / 4h | 3h 57m | $2.3M | $697K | 125x |
Binance ZILUSDT
MEXC ZIL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $0.21
- Price spread: −0.022% → +0.009%
- −$3.14
- Slippage, 4 orders
- −$43.44
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$60.38
- Costs to cover
- 0.574%
- Break-even
- 2060.6 days
Slippage from Binance: live order book, 12 min ago; MEXC: live order book, 4 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, 12 min ago | 1.35 bp | 23.7 bp −$24 | 77.3 bp −$773 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 1.34 bp | 6.1 bp −$6 | 40.1 bp −$401 | 252.4 bp −$25.2K | 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 | −0.3599% | 1h | 0.003730 | +0.327% | $30K | $7K | 10x | as long as short |
| Gate ZIL_USDT | −0.2598% | 4h | 0.003730 | +0.328% | $371K | $394K | 50x | as long as short |
| KuCoin ZILUSDTM | −0.2052% | 4h | 0.003744 | +0.704% | $2.5M | $215K | 25x | as long as short |
| Variational Omni ZIL | −0.0970% | 8h | 0.003739 | +0.570% | $17K | $20K | — | as long as short |
| BloFin ZIL-USDT | −0.0784% | 4h | 0.003705 | −0.345% | $258K | $147K | 25x | as long as short |
| OKX ZIL-USDT-SWAP | −0.0736% | 4h | 0.003723 | +0.139% | $1.0M | $2.7M | 20x | as long as short |
| Binance ZILUSDTlong | −0.0723% | 4h | 0.003718 | long leg | $4.5M | $10.0M | 25x | |
| MEXC ZIL_USDTshort | −0.0722% | 4h | 0.003717 | −0.022% | $2.3M | $697K | 125x | |
| Aster ZILUSDT | −0.0588% | 4h | 0.003711 | −0.187% | $151K | $47K | 10x | as long as short |
| Bybit ZILUSDT | −0.0561% | 8h | 0.003728 | +0.274% | $2.9M | $3.1M | 25x | as long as short |
Kraken Futures PF_ZILUSD
Gate ZIL_USDT
KuCoin ZILUSDTM
Variational Omni ZIL
BloFin ZIL-USDT
OKX ZIL-USDT-SWAP
Aster ZILUSDT
Bybit ZILUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ZILUSDT | −0.0246% | 4h | 0.003720 | +0.059% | $1.3M | $814K | 25x | as long as short |
| BingX ZIL-USDT | −0.0170% | 4h | 0.003724 | +0.166% | — | $2.5M | — | as long as short |
Bitget ZILUSDT
BingX ZIL-USDT