Funding you earn now, next payment 00:00 UTC−0.0186%/8h= −20.4% APRnext payment −$0.93 per $10,000 · paid last 24h −0.214%
Price spread now: BingX against Bitget+0.083%7-day average −0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$770.772% of the position
Funding, last 7 days−0.257%−$26 on $10k
+Price spread, last 4 days (all we have)−0.039%−$4 · spread now +0.083%, 7d avg −0.070%
=The price spread pays, funding is against you. BingX is 0.153% dearer against Bitget than usual: you sell high and buy low (spread +0.083% now, against its 7-day average of −0.070%): +$15 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ZILUSDT | 0.003616 | −0.0710 | get 0.0355% / 4h | 58m 47s | $1.2M | $833K | 25x |
| Short | BingX ZIL-USDT | 0.003619 | −0.0896 | pay 0.0448% / 4h | 58m 47s | — | $2.5M | — |
Bitget ZILUSDT
BingX ZIL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bitget. 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
- −$39.06
- Price spread: +0.083% → −0.070%
- $15.33
- Slippage, 4 orders
- −$55.17
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$100.9
- Costs to cover
- 0.772%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 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 Bitget live order book, 2 min ago | 1.38 bp | 20.8 bp −$21 | 137.5 bp −$1,375 | doesn't fit | doesn't fit |
| Sell BingX live order book, 1 min ago | 2.77 bp | 19.2 bp −$19 | 47.7 bp −$477 | 410.5 bp −$41.1K | 504.5 bp −$252.2K |
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 | −0.3230% | 1h | 0.003633 | +0.463% | $30K | $8K | 10x | as long as short |
| KuCoin ZILUSDTM | −0.1924% | 4h | 0.003642 | +0.719% | $2.4M | $215K | 25x | as long as short |
| Gate ZIL_USDT | −0.1546% | 4h | 0.003624 | +0.221% | $412K | $324K | 50x | as long as short |
| OKX ZIL-USDT-SWAP | −0.0936% | 4h | 0.003621 | +0.138% | $1.0M | $2.8M | 20x | as long as short |
| BingX ZIL-USDTshort | −0.0896% | 4h | 0.003619 | +0.083% | — | $2.5M | — | |
| Bitget ZILUSDTlong | −0.0710% | 4h | 0.003616 | long leg | $1.2M | $833K | 25x | |
| Aster ZILUSDT | −0.0681% | 4h | 0.003614 | −0.060% | $146K | $50K | 10x | as long as short |
| Binance ZILUSDT | −0.0555% | 4h | 0.003614 | −0.065% | $4.4M | $11.1M | 25x | as long as short |
| MEXC ZIL_USDT | −0.0554% | 4h | 0.003613 | −0.083% | $2.5M | $873K | 125x | as long as short |
| BloFin ZIL-USDT | −0.0547% | 4h | 0.003615 | −0.028% | $256K | $160K | 25x | as long as short |
Kraken Futures PF_ZILUSD
KuCoin ZILUSDTM
Gate ZIL_USDT
OKX ZIL-USDT-SWAP
Aster ZILUSDT
Binance ZILUSDT
MEXC ZIL_USDT
BloFin ZIL-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZILUSDT | −0.0510% | 8h | 0.003619 | +0.083% | $2.9M | $4.1M | 25x | as long as short |
| Variational Omni ZIL | −0.0428% | 8h | 0.003619 | +0.069% | $16K | $26K | — | as long as short |
Bybit ZILUSDT
Variational Omni ZIL