Funding you earn now, next payment 03:00 UTC−0.1152%/8h= −126.2% APRpaid last 24h −0.903%
Price spread now: Kraken Futures against Gate+0.044%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Kraken Futures is 0.044% dearer against Gate than usual: you sell high and buy low (spread +0.044% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$35 a day in funding at the current rate, which eats that in about 3 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ZIL_USDT | 0.003670 | −0.2906 | get 0.1453% / 4h | 1h 14m | $402K | $344K | 50x |
| Short | Kraken Futures PF_ZILUSD | 0.003672 | −0.4058 | pay 0.0507% / 1h | 14m 34s | $30K | $8K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$242.02
- Price spread: +0.044% → 0.000%
- $4.44
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$262.58
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 46 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 46 min ago | 1.36 bp | 76.1 bp −$76 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZILUSDshort | −0.4058% | 1h | 0.003672 | +0.044% | $30K | $8K | 10x | |
| Gate ZIL_USDTlong | −0.2906% | 4h | 0.003670 | long leg | $402K | $344K | 50x | |
| KuCoin ZILUSDTM | −0.2724% | 4h | 0.003683 | +0.354% | $2.4M | $215K | 25x | as long as short |
| Bybit ZILUSDT | −0.1678% | 8h | 0.003661 | −0.245% | $2.9M | $3.4M | 25x | as long as short |
| BingX ZIL-USDT | −0.1504% | 4h | 0.003663 | −0.191% | — | $2.5M | — | as long as short |
| OKX ZIL-USDT-SWAP | −0.1373% | 4h | 0.003660 | −0.272% | $1.0M | $2.7M | 20x | as long as short |
| Variational Omni ZIL | −0.1006% | 8h | 0.003671 | +0.021% | $16K | $22K | — | as long as short |
| Aster ZILUSDT | −0.0936% | 4h | 0.003649 | −0.572% | $149K | $56K | 10x | as long as short |
| Binance ZILUSDT | −0.0852% | 4h | 0.003651 | −0.509% | $4.4M | $10.3M | 25x | as long as short |
| MEXC ZIL_USDT | −0.0848% | 4h | 0.003652 | −0.490% | $2.5M | $820K | 125x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ZIL-USDT | −0.0820% | 4h | 0.003652 | −0.490% | $257K | $152K | 25x | as long as short |
| Bitget ZILUSDT | −0.0330% | 4h | 0.003660 | −0.272% | $1.3M | $847K | 25x | as long as short |
Gate ZIL_USDT
Kraken Futures PF_ZILUSD
KuCoin ZILUSDTM
Bybit ZILUSDT
BingX ZIL-USDT
OKX ZIL-USDT-SWAP
Variational Omni ZIL
Aster ZILUSDT
Binance ZILUSDT
MEXC ZIL_USDT
BloFin ZIL-USDT
Bitget ZILUSDT