Funding you earn now, next payment 04:00 UTC+0.1212%/8h= +132.7% APRnext payment +$6.06 per $10,000 · paid last 24h −0.109%
Price spread now: Binance against Gate−0.272%7-day average −0.527% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$143as in the Price arb table
costs, in and out, $10k−$1691.689% of the position
Funding, last 7 days+1.237%+$124 on $10k
+Price spread, last 4 days (all we have)−0.019%−$2 · spread now −0.272%, 7d avg −0.527%
=Both sides work for this trade now. Funding pays +$36 a day on $10k at the current rate, and Binance is 0.255% dearer against Gate than usual: you sell high and buy low: +$26 more if the spread goes back to its 7-day average of −0.527%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ZIL_USDT | 0.003682 | −0.2140 | get 0.1070% / 4h | 4m 29s | $399K | $346K | 50x |
| Short | Binance ZILUSDT | 0.003672 | −0.0928 | pay 0.0464% / 4h | 4m 29s | $4.4M | $10.1M | 25x |
Gate ZIL_USDT
Binance ZILUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $254.48
- Price spread: −0.272% → −0.527%
- $25.54
- Slippage, 4 orders
- −$143.86
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $111.16
- Costs to cover
- 1.689%
- Break-even
- 3.9 days
Slippage from Gate: live order book, 51 min ago; Binance: 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 Gate live order book, 51 min ago | 2.73 bp | 69.6 bp −$70 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 1.36 bp | 14.0 bp −$14 | 58.6 bp −$586 | 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 | −0.3580% | 1h | 0.003695 | +0.363% | $30K | $8K | 10x | as long as short |
| KuCoin ZILUSDTM | −0.2706% | 4h | 0.003710 | +0.760% | $2.4M | $211K | 25x | as long as short |
| Gate ZIL_USDTlong | −0.2140% | 4h | 0.003682 | long leg | $399K | $346K | 50x | |
| Bybit ZILUSDT | −0.1879% | 8h | 0.003677 | −0.136% | $2.9M | $3.4M | 25x | as long as short |
| BingX ZIL-USDT | −0.1670% | 4h | 0.003674 | −0.217% | — | $2.5M | — | as long as short |
| OKX ZIL-USDT-SWAP | −0.1644% | 4h | 0.003680 | −0.054% | $1.0M | $2.6M | 20x | as long as short |
| Variational Omni ZIL | −0.1225% | 8h | 0.003672 | −0.262% | $16K | $22K | — | as long as short |
| Aster ZILUSDT | −0.0944% | 4h | 0.003668 | −0.390% | $150K | $56K | 10x | as long as short |
| Binance ZILUSDTshort | −0.0928% | 4h | 0.003672 | −0.272% | $4.4M | $10.1M | 25x | |
| MEXC ZIL_USDT | −0.0926% | 4h | 0.003672 | −0.272% | $2.5M | $783K | 125x | as long as short |
Kraken Futures PF_ZILUSD
KuCoin ZILUSDTM
Bybit ZILUSDT
BingX ZIL-USDT
OKX ZIL-USDT-SWAP
Variational Omni ZIL
Aster ZILUSDT
MEXC ZIL_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ZIL-USDT | −0.0873% | 4h | 0.003667 | −0.407% | $255K | $150K | 25x | as long as short |
| Bitget ZILUSDT | −0.0460% | 4h | 0.003674 | −0.217% | $1.3M | $840K | 25x | as long as short |
BloFin ZIL-USDT
Bitget ZILUSDT