Funding you earn now, next payment 08:00 UTC−0.0854%/8h= −93.5% APRpaid last 24h −0.203%
Price spread now: KuCoin against Bybit+0.488%7-day average +0.535% · you sell dearer than you buy
Net, funding: paid 7d − costs−$370as in the Funding arb table
Net, price: spread back to 7d avg − costs−$280as in the Price arb table
costs, in and out, $10k−$2752.752% of the position
Funding, last 7 days−0.950%−$95 on $10k
+Price spread, last 7 days+0.083%+$8 · spread now +0.488%, 7d avg +0.535%
=Both sides work against this trade now: funding costs −$26 a day on $10k at the current rate, and KuCoin is 0.047% cheaper against Bybit than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.535%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ZILUSDT | 0.003689 | −0.1502 | get 0.1502% / 8h | 1h 31m | $2.9M | $3.2M | 25x |
| Short | KuCoin ZILUSDTM | 0.003707 | −0.2356 | pay 0.1178% / 4h | 1h 31m | $2.4M | $209K | 25x |
Bybit ZILUSDT
KuCoin ZILUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$179.41
- Price spread: +0.488% → +0.535%
- −$4.72
- Slippage, 4 orders
- −$252.18
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$459.31
- Costs to cover
- 2.752%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 6 min ago; KuCoin: 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, 6 min ago | 1.36 bp | 36.1 bp −$36 | 249.0 bp −$2,490 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 9.48 bp | 130.5 bp −$131 | 321.9 bp −$3,219 | 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 | −0.3340% | 1h | 0.003684 | −0.138% | $30K | $7K | 10x | as long as short |
| KuCoin ZILUSDTMshort | −0.2356% | 4h | 0.003707 | +0.488% | $2.4M | $209K | 25x | |
| Gate ZIL_USDT | −0.1684% | 4h | 0.003690 | +0.027% | $385K | $335K | 50x | as long as short |
| Bybit ZILUSDTlong | −0.1502% | 8h | 0.003689 | long leg | $2.9M | $3.2M | 25x | |
| Variational Omni ZIL | −0.1240% | 8h | 0.003674 | −0.397% | $16K | $22K | — | as long as short |
| OKX ZIL-USDT-SWAP | −0.0974% | 4h | 0.003683 | −0.163% | $1.0M | $2.6M | 20x | as long as short |
| MEXC ZIL_USDT | −0.0830% | 4h | 0.003677 | −0.325% | $2.4M | $735K | 125x | as long as short |
| Binance ZILUSDT | −0.0828% | 4h | 0.003678 | −0.297% | $4.4M | $10.0M | 25x | as long as short |
| BloFin ZIL-USDT | −0.0795% | 4h | 0.003667 | −0.596% | $254K | $146K | 25x | as long as short |
| Aster ZILUSDT | −0.0727% | 4h | 0.003676 | −0.356% | $150K | $52K | 10x | as long as short |
Kraken Futures PF_ZILUSD
Gate ZIL_USDT
Variational Omni ZIL
OKX ZIL-USDT-SWAP
MEXC ZIL_USDT
Binance ZILUSDT
BloFin ZIL-USDT
Aster ZILUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ZILUSDT | −0.0440% | 4h | 0.003679 | −0.271% | $1.3M | $803K | 25x | as long as short |
| BingX ZIL-USDT | −0.0292% | 4h | 0.003684 | −0.136% | — | $2.5M | — | as long as short |
Bitget ZILUSDT
BingX ZIL-USDT