Funding you earn now, next payment 04:00 UTC+0.0788%/8h= +86.3% APRnext payment +$3.94 per $10,000 · paid last 24h +0.234%
Price spread now: Gate against BingX+0.165%7-day average +0.385% · you sell dearer than you buy
Net, funding: paid 7d − costs−$295as in the Funding arb table
Net, price: spread back to 7d avg − costs−$202as in the Price arb table
costs, in and out, $10k−$1801.803% of the position
Funding, last 7 days−1.150%−$115 on $10k
+Price spread, last 4 days (all we have)+0.377%+$38 · spread now +0.165%, 7d avg +0.385%
=Funding pays, the price is against you. Gate is 0.220% cheaper against BingX than usual: you would sell low and buy high (spread +0.165% now, against its 7-day average of +0.385%). If the spread goes back, that is −$22 on $10k: about 22 hours of funding at the current rate (+$24 a day). Mind the row above: over the last 7 days funding on this pair cost −1.150%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZIL-USDT | 0.003626 | −0.1810 | get 0.0905% / 4h | 2h 55m | — | $2.5M | — |
| Short | Gate ZIL_USDT | 0.003632 | −0.1022 | pay 0.0511% / 4h | 2h 55m | $396K | $340K | 50x |
BingX ZIL-USDT
Gate ZIL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BingX. 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
- $165.48
- Price spread: +0.165% → +0.385%
- −$21.98
- Slippage, 4 orders
- −$155.34
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$36.85
- Costs to cover
- 1.803%
- Break-even
- 8.6 days
Slippage from BingX: live order book, 8 min ago; Gate: live order book, 10 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, 8 min ago | 4.12 bp | 19.0 bp −$19 | 47.7 bp −$477 | 398.1 bp −$39.8K | 486.4 bp −$243.2K |
| Sell Gate live order book, 10 min ago | 4.11 bp | 66.9 bp −$67 | doesn't fit | 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 | −0.3622% | 1h | 0.003644 | +0.497% | $30K | $8K | 10x | as long as short |
| Bybit ZILUSDT | −0.1948% | 8h | 0.003627 | +0.028% | $2.9M | $3.7M | 25x | as long as short |
| KuCoin ZILUSDTM | −0.1924% | 4h | 0.003649 | +0.634% | $2.4M | $227K | 25x | as long as short |
| BingX ZIL-USDTlong | −0.1810% | 4h | 0.003626 | long leg | — | $2.5M | — | |
| Gate ZIL_USDTshort | −0.1022% | 4h | 0.003632 | +0.165% | $396K | $340K | 50x | |
| OKX ZIL-USDT-SWAP | −0.0984% | 4h | 0.003626 | 0.000% | $1.0M | $2.7M | 20x | as long as short |
| Aster ZILUSDT | −0.0910% | 4h | 0.003611 | −0.407% | $145K | $52K | 10x | as long as short |
| BloFin ZIL-USDT | −0.0793% | 4h | 0.003622 | −0.110% | $257K | $153K | 25x | as long as short |
| Binance ZILUSDT | −0.0764% | 4h | 0.003621 | −0.138% | $4.4M | $10.6M | 25x | as long as short |
| MEXC ZIL_USDT | −0.0760% | 4h | 0.003618 | −0.221% | $2.4M | $826K | 125x | as long as short |
Kraken Futures PF_ZILUSD
Bybit ZILUSDT
KuCoin ZILUSDTM
OKX ZIL-USDT-SWAP
Aster ZILUSDT
BloFin ZIL-USDT
Binance ZILUSDT
MEXC ZIL_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ZIL | −0.0758% | 8h | 0.003620 | −0.153% | $16K | $26K | — | as long as short |
| Bitget ZILUSDT | −0.0590% | 4h | 0.003632 | +0.165% | $1.3M | $873K | 25x | as long as short |
Variational Omni ZIL
Bitget ZILUSDT