ZIL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0233%/8h= +25.5% APRnext payment +$1.17 per $10,000 · paid last 24h +0.110%

Price spread now: Binance against BingX−0.139%7-day average −0.080% · you buy dearer than you sell

Net, funding: paid 7d − costs−$80as in the Funding arb table

Net, price: spread back to 7d avg − costs−$91as in the Price arb table

costs, in and out, $10k−$850.847% of the position

Long on BingX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.045%+$4 on $10k

Price spread, last 7 days+0.195%+$19 · spread now −0.139%, 7d avg −0.080%

Together, before fees+0.240%+$24 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.059% cheaper against BingX than usual: you would sell low and buy high (spread −0.139% now, against its 7-day average of −0.080%). If the spread goes back, that is −$6 on $10k: about 20 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.045% in total) that is about 9.2 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.045% in total (about 2.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.17 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	BingX ZIL-USDT	0.003601	−0.0610	get 0.0305% / 4h	2h 54m	—	$2.5M	—
Short	Binance ZILUSDT	0.003596	−0.0377	pay 0.0188% / 4h	2h 54m	$4.4M	$11.4M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BingX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BingXbpFee BinancebpOrdersPrice spread, now −0.139%Rate

Funding earned: $48.96
Price spread: −0.139% → −0.080%: −$5.87
Slippage, 4 orders: −$64.74
Fee BingX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$41.64
Costs to cover: 0.847%
Break-even: 13.0 days

Slippage from BingX: live order book, 10 min ago; Binance: live order book, 16 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 BingX live order book, 10 min ago	5.52 bp	20.1 bp −$20	53.0 bp −$530	442.3 bp −$44.2K	522.5 bp −$261.3K
Sell Binance live order book, 16 min ago	2.76 bp	17.9 bp −$18	68.7 bp −$687	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	−0.3726%	1h	0.003645	+1.209%	$30K	$8K	10x	as long as short
KuCoin ZILUSDTM	−0.2128%	4h	0.003621	+0.555%	$2.4M	$218K	25x	as long as short
Gate ZIL_USDT	−0.0856%	4h	0.003606	+0.139%	$412K	$321K	50x	as long as short
Bitget ZILUSDT	−0.0640%	4h	0.003600	−0.028%	$1.2M	$860K	25x	as long as short
Bybit ZILUSDT	−0.0628%	8h	0.003602	+0.028%	$2.9M	$4.1M	25x	as long as short
BingX ZIL-USDTlong	−0.0610%	4h	0.003601	long leg	—	$2.5M	—
OKX ZIL-USDT-SWAP	−0.0463%	4h	0.003604	+0.083%	$1.1M	$2.9M	20x	as long as short
BloFin ZIL-USDT	−0.0425%	4h	0.003607	+0.167%	$260K	$158K	25x	as long as short
Variational Omni ZIL	−0.0393%	8h	0.003613	+0.347%	$16K	$28K	—	as long as short
Aster ZILUSDT	−0.0389%	4h	0.003604	+0.070%	$145K	$49K	10x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ZILUSDTshort	−0.0377%	4h	0.003596	−0.139%	$4.4M	$11.4M	25x
MEXC ZIL_USDT	−0.0376%	4h	0.003600	−0.028%	$2.5M	$917K	125x	as long as short