Funding you earn now, next payment 00:00 UTC−0.0012%/8h= −1.3% APRpaid last 24h +0.014%
Price spread now: Bitget against Bybit+0.083%7-day average −0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$1111.106% of the position
Funding, last 7 days+0.154%+$15 on $10k
+Price spread, last 4 days (all we have)−0.734%−$73 · spread now +0.083%, 7d avg −0.047%
=The price spread pays, funding is against you. Bitget is 0.130% dearer against Bybit than usual: you sell high and buy low (spread +0.083% now, against its 7-day average of −0.047%): +$13 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 38 days. Mind the row above: over the last 7 days funding on this pair paid +0.154%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ZILUSDT | 0.003611 | −0.0626 | get 0.0626% / 8h | 2h 56m | $2.9M | $4.2M | 25x |
| Short | Bitget ZILUSDT | 0.003614 | −0.0638 | pay 0.0319% / 4h | 2h 56m | $1.2M | $859K | 25x |
Bybit ZILUSDT
Bitget ZILUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Bybit. 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
- −$2.43
- Price spread: +0.083% → −0.047%
- $13.04
- Slippage, 4 orders
- −$87.62
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$100.01
- Costs to cover
- 1.106%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Bitget: 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 Bybit live order book, 1 min ago | 2.77 bp | 36.7 bp −$37 | 132.0 bp −$1,320 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 4.14 bp | 10.1 bp −$10 | 111.6 bp −$1,116 | 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 | −0.3730% | 1h | 0.003641 | +0.833% | $30K | $8K | 10x | as long as short |
| KuCoin ZILUSDTM | −0.2134% | 4h | 0.003621 | +0.277% | $2.4M | $218K | 25x | as long as short |
| Gate ZIL_USDT | −0.0918% | 4h | 0.003614 | +0.083% | $413K | $321K | 50x | as long as short |
| Bitget ZILUSDTshort | −0.0638% | 4h | 0.003614 | +0.083% | $1.2M | $859K | 25x | |
| Bybit ZILUSDTlong | −0.0626% | 8h | 0.003611 | long leg | $2.9M | $4.2M | 25x | |
| BingX ZIL-USDT | −0.0610% | 4h | 0.003613 | +0.055% | — | $2.5M | — | as long as short |
| OKX ZIL-USDT-SWAP | −0.0471% | 4h | 0.003614 | +0.083% | $1.1M | $2.9M | 20x | as long as short |
| Aster ZILUSDT | −0.0388% | 4h | 0.003610 | −0.028% | $145K | $48K | 10x | as long as short |
| Variational Omni ZIL | −0.0378% | 8h | 0.003625 | +0.389% | $16K | $28K | — | as long as short |
| Binance ZILUSDT | −0.0372% | 4h | 0.003605 | −0.166% | $4.5M | $11.5M | 25x | as long as short |
Kraken Futures PF_ZILUSD
KuCoin ZILUSDTM
Gate ZIL_USDT
BingX ZIL-USDT
OKX ZIL-USDT-SWAP
Aster ZILUSDT
Variational Omni ZIL
Binance ZILUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ZIL_USDT | −0.0370% | 4h | 0.003606 | −0.138% | $2.5M | $916K | 125x | as long as short |
| BloFin ZIL-USDT | −0.0366% | 4h | 0.003607 | −0.111% | $260K | $158K | 25x | as long as short |
MEXC ZIL_USDT
BloFin ZIL-USDT