Funding you earn now, next payment 11:00 UTC−0.2669%/8h= −292.3% APRpaid last 24h −0.858%
Price spread now: Kraken Futures against Bitget+0.274%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Kraken Futures is 0.274% dearer against Bitget than usual: you sell high and buy low (spread +0.274% now, against zero (this spread has no 7-day history yet)): +$27 on $10k if it goes back. Holding the pair costs −$80 a day in funding at the current rate, which eats that in about 8 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ZILUSDT | 0.003719 | −0.0682 | get 0.0341% / 4h | 1h 57m | $1.3M | $784K | 25x |
| Short | Kraken Futures PF_ZILUSD | 0.003729 | −0.3351 | pay 0.0419% / 1h | 57m 32s | $30K | $7K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$560.49
- Price spread: +0.274% → 0.000%
- $27.4
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$555.08
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: Bitget: live order book, 2 min ago; Kraken Futures: no order-book sample. Net counts fees only.
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 | 2.69 bp | 34.4 bp −$34 | 143.4 bp −$1,434 | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ZIL on 12 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ZIL_USDT | −0.3352% | 4h | 0.003733 | +0.376% | $368K | $386K | 50x | as long as short |
| Kraken Futures PF_ZILUSDshort | −0.3351% | 1h | 0.003729 | +0.274% | $30K | $7K | 10x | |
| KuCoin ZILUSDTM | −0.1946% | 4h | 0.003744 | +0.672% | $2.5M | $190K | 25x | as long as short |
| Bybit ZILUSDT | −0.1475% | 8h | 0.003722 | +0.081% | $2.9M | $2.2M | 25x | as long as short |
| OKX ZIL-USDT-SWAP | −0.1266% | 4h | 0.003723 | +0.108% | $1.0M | $2.3M | 20x | as long as short |
| Variational Omni ZIL | −0.0987% | 8h | 0.003726 | +0.192% | $17K | $13K | — | as long as short |
| Binance ZILUSDT | −0.0749% | 4h | 0.003712 | −0.186% | $4.4M | $8.8M | 25x | as long as short |
| MEXC ZIL_USDT | −0.0748% | 4h | 0.003712 | −0.188% | $2.2M | $590K | 125x | as long as short |
| BloFin ZIL-USDT | −0.0693% | 4h | 0.003716 | −0.081% | $263K | $106K | 25x | as long as short |
| Bitget ZILUSDTlong | −0.0682% | 4h | 0.003719 | long leg | $1.3M | $784K | 25x |
Show all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ZILUSDT | −0.0578% | 4h | 0.003710 | −0.245% | $151K | $45K | 10x | as long as short |
| BingX ZIL-USDT | −0.0262% | 4h | 0.003720 | +0.027% | — | $2.5M | — | as long as short |
Bitget ZILUSDT
Kraken Futures PF_ZILUSD
Gate ZIL_USDT
KuCoin ZILUSDTM
Bybit ZILUSDT
OKX ZIL-USDT-SWAP
Variational Omni ZIL
Binance ZILUSDT
MEXC ZIL_USDT
BloFin ZIL-USDT
Aster ZILUSDT
BingX ZIL-USDT