Settings8H · net · $10k
Funding arb · Price arb /

ZIL

all ZIL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.2000%/8h= −219.0% APRpaid last 24h −0.854%
Price spread now: Kraken Futures against Bybit+0.201%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Kraken Futures is 0.201% dearer against Bybit than usual: you sell high and buy low (spread +0.201% now, against zero (this spread has no 7-day history yet)): +$20 on $10k if it goes back. Holding the pair costs −$60 a day in funding at the current rate, which eats that in about 8 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ZILUSDT0.003701−0.1887get 0.1887% / 8h3h 53m$2.9M$3.3M25x
ShortKraken Futures PF_ZILUSD0.003708−0.3887pay 0.0486% / 1h53m 39s$30K$8K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Bybit. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$420.01
Price spread: +0.201% → 0.000%
$20.12
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$420.89
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 4 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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 4 min ago2.70 bp38.7 bp −$39285.1 bp −$2,851doesn't fitdoesn'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 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZILUSDshort−0.3887%1h0.003708+0.201%$30K$8K10x
Gate ZIL_USDT−0.3228%4h0.003708+0.189%$401K$338K50xas long as short
KuCoin ZILUSDTM−0.2596%4h0.003725+0.648%$2.4M$211K25xas long as short
Bybit ZILUSDTlong−0.1887%8h0.003701long leg$2.9M$3.3M25x
BingX ZIL-USDT−0.1688%4h0.003699−0.054%$2.5Mas long as short
OKX ZIL-USDT-SWAP−0.1618%4h0.003702+0.027%$1.0M$2.7M20xas long as short
Variational Omni ZIL−0.1245%8h0.003701−0.004%$16K$22Kas long as short
Aster ZILUSDT−0.0957%4h0.003690−0.310%$151K$56K10xas long as short
BloFin ZIL-USDT−0.0954%4h0.003696−0.135%$257K$151K25xas long as short
Binance ZILUSDT−0.0938%4h0.003692−0.243%$4.4M$10.1M25xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ZIL_USDT−0.0934%4h0.003691−0.270%$2.4M$737K125xas long as short
Bitget ZILUSDT−0.0594%4h0.003700−0.027%$1.3M$840K25xas long as short