Funding you earn now, next payment 04:00 UTC−0.1102%/8h= −120.7% APRnext payment −$5.51 per $10,000 · paid last 24h +0.091%
Price spread now: KuCoin against BloFin+0.412%7-day average +0.822% · you sell dearer than you buy
Net, funding: paid 7d − costs−$336as in the Funding arb table
Net, price: spread back to 7d avg − costs−$290as in the Price arb table
costs, in and out, $10k−$2492.491% of the position
Funding, last 7 days−0.871%−$87 on $10k
+Price spread, last 3 days (all we have)+0.311%+$31 · spread now +0.412%, 7d avg +0.822%
=Both sides work against this trade now: funding costs −$33 a day on $10k at the current rate, and KuCoin is 0.409% cheaper against BloFin than usual: you would sell low and buy high (−$41 if the spread goes back to its 7-day average of +0.822%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ZIL-USDT | 0.003638 | −0.0682 | get 0.0341% / 4h | 3h 54m | $256K | $158K | 25x |
| Short | KuCoin ZILUSDTM | 0.003653 | −0.1784 | pay 0.0892% / 4h | 3h 54m | $2.4M | $223K | 25x |
BloFin ZIL-USDT
KuCoin ZILUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BloFin. 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
- −$231.4
- Price spread: +0.412% → +0.822%
- −$40.95
- Slippage, 4 orders
- −$225.05
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$521.4
- Costs to cover
- 2.491%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 11 min ago; KuCoin: live order book, 2 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 BloFin live order book, 11 min ago | 4.16 bp | 14.6 bp −$15 | 36.0 bp −$360 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 6.82 bp | 113.4 bp −$113 | 564.6 bp −$5,646 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ZIL_USDT | −0.3968% | 4h | 0.003638 | 0.000% | $410K | $319K | 50x | as long as short |
| Kraken Futures PF_ZILUSD | −0.3491% | 1h | 0.003643 | +0.124% | $30K | $8K | 10x | as long as short |
| Bybit ZILUSDT | −0.2027% | 8h | 0.003632 | −0.165% | $2.9M | $4.0M | 25x | as long as short |
| KuCoin ZILUSDTMshort | −0.1784% | 4h | 0.003653 | +0.412% | $2.4M | $223K | 25x | |
| BingX ZIL-USDT | −0.1034% | 4h | 0.003632 | −0.165% | — | $2.5M | — | as long as short |
| OKX ZIL-USDT-SWAP | −0.0976% | 4h | 0.003633 | −0.137% | $1.0M | $2.9M | 20x | as long as short |
| Bitget ZILUSDT | −0.0884% | 4h | 0.003635 | −0.082% | $1.3M | $889K | 25x | as long as short |
| Aster ZILUSDT | −0.0824% | 4h | 0.003623 | −0.418% | $146K | $50K | 10x | as long as short |
| BloFin ZIL-USDTlong | −0.0682% | 4h | 0.003638 | long leg | $256K | $158K | 25x | |
| Binance ZILUSDT | −0.0662% | 4h | 0.003625 | −0.357% | $4.5M | $11.0M | 25x | as long as short |
Gate ZIL_USDT
Kraken Futures PF_ZILUSD
Bybit ZILUSDT
BingX ZIL-USDT
OKX ZIL-USDT-SWAP
Bitget ZILUSDT
Aster ZILUSDT
Binance ZILUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ZIL_USDT | −0.0656% | 4h | 0.003625 | −0.357% | $2.4M | $858K | 125x | as long as short |
| Variational Omni ZIL | −0.0446% | 8h | 0.003643 | +0.138% | $16K | $26K | — | as long as short |
MEXC ZIL_USDT
Variational Omni ZIL