Funding you earn now, next payment 08:00 UTC−0.2164%/8h= −237.0% APRnext payment −$10.82 per $10,000 · paid last 24h −0.015%
Price spread now: KuCoin against BingX+0.651%7-day average +0.574% · you sell dearer than you buy
Net, funding: paid 7d − costs−$341as in the Funding arb table
Net, price: spread back to 7d avg − costs−$257as in the Price arb table
costs, in and out, $10k−$2642.644% of the position
Funding, last 7 days−0.765%−$77 on $10k
+Price spread, last 7 days−0.144%−$14 · spread now +0.651%, 7d avg +0.574%
=The price spread pays, funding is against you. KuCoin is 0.078% dearer against BingX than usual: you sell high and buy low (spread +0.651% now, against its 7-day average of +0.574%): +$8 on $10k if it goes back. Holding the pair costs −$65 a day in funding at the current rate, which eats that in about 3 hours. At the pace of the last 7 days (−0.765% in total) that is about 17 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.765% in total (about -39.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$10.82 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 | 0.003684 | −0.0290 | get 0.0145% / 4h | 1h 07m | — | $2.5M | — |
| Short | KuCoin ZILUSDTM | 0.003708 | −0.2454 | pay 0.1227% / 4h | 1h 07m | $2.4M | $213K | 25x |
BingX ZIL-USDT
KuCoin ZILUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$454.44
- Price spread: +0.651% → +0.574%
- $7.77
- Slippage, 4 orders
- −$242.39
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$711.06
- Costs to cover
- 2.644%
- Break-even
- never at this rate
Slippage from BingX: live order book, 12 min ago; KuCoin: live order book, 5 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, 12 min ago | 4.06 bp | 20.9 bp −$21 | 49.6 bp −$496 | 416.2 bp −$41.6K | 503.8 bp −$251.9K |
| Sell KuCoin live order book, 5 min ago | 8.09 bp | 144.3 bp −$144 | 342.7 bp −$3,427 | 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 | −0.3328% | 1h | 0.003697 | +0.347% | $30K | $7K | 10x | as long as short |
| KuCoin ZILUSDTMshort | −0.2454% | 4h | 0.003708 | +0.651% | $2.4M | $213K | 25x | |
| Bybit ZILUSDT | −0.1432% | 8h | 0.003687 | +0.081% | $2.9M | $3.2M | 25x | as long as short |
| Gate ZIL_USDT | −0.1284% | 4h | 0.003693 | +0.244% | $380K | $341K | 50x | as long as short |
| Variational Omni ZIL | −0.1174% | 8h | 0.003693 | +0.239% | $16K | $22K | — | as long as short |
| OKX ZIL-USDT-SWAP | −0.0932% | 4h | 0.003687 | +0.081% | $1.0M | $2.6M | 20x | as long as short |
| BloFin ZIL-USDT | −0.0879% | 4h | 0.003683 | −0.027% | $257K | $147K | 25x | as long as short |
| Binance ZILUSDT | −0.0830% | 4h | 0.003677 | −0.190% | $4.4M | $9.9M | 25x | as long as short |
| MEXC ZIL_USDT | −0.0830% | 4h | 0.003679 | −0.136% | $2.4M | $738K | 125x | as long as short |
| Aster ZILUSDT | −0.0719% | 4h | 0.003676 | −0.209% | $150K | $52K | 10x | as long as short |
Kraken Futures PF_ZILUSD
Bybit ZILUSDT
Gate ZIL_USDT
Variational Omni ZIL
OKX ZIL-USDT-SWAP
BloFin ZIL-USDT
Binance ZILUSDT
MEXC ZIL_USDT
Aster ZILUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ZILUSDT | −0.0478% | 4h | 0.003679 | −0.136% | $1.3M | $798K | 25x | as long as short |
| BingX ZIL-USDTlong | −0.0290% | 4h | 0.003684 | long leg | — | $2.5M | — |
Bitget ZILUSDT