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

ZIL

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0880%/8h= +96.4% APRnext payment +$4.40 per $10,000 · paid last 24h −0.150%
Price spread now: KuCoin against Gate+0.360%7-day average +0.305% · you sell dearer than you buy
Net, funding: paid 7d − costs−$323as in the Funding arb table
Net, price: spread back to 7d avg − costs−$342as in the Price arb table
costs, in and out, $10k−$3483.480% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.252%+$25 on $10k
Price spread, last 4 days (all we have)−0.384%−$38 · spread now +0.360%, 7d avg +0.305%
Together, before fees−0.132%−$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$26 a day on $10k at the current rate, and KuCoin is 0.055% dearer against Gate than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.305%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.252% in total (about 13.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.40 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ZIL_USDT0.003613−0.3306get 0.1653% / 4h2h 36m$383K$339K50x
ShortKuCoin ZILUSDTM0.003626−0.2426pay 0.1213% / 4h2h 36m$2.4M$212K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. 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
$184.8
Price spread: +0.360% → +0.305%
$5.5
Slippage, 4 orders
−$321
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$157.7
Costs to cover
3.480%
Break-even
13.0 days
Slippage from Gate: live order book, 9 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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 9 min ago2.74 bp68.5 bp −$68doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago5.51 bp143.4 bp −$143392.5 bp −$3,925doesn't fitdoesn't fit

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_ZILUSD−0.3608%1h0.003611−0.055%$29K$7K10xas long as short
Gate ZIL_USDTlong−0.3306%4h0.003613long leg$383K$339K50x
KuCoin ZILUSDTMshort−0.2426%4h0.003626+0.360%$2.4M$212K25x
Bybit ZILUSDT−0.1660%8h0.003612−0.028%$2.8M$3.2M25xas long as short
OKX ZIL-USDT-SWAP−0.1354%4h0.003610−0.083%$1.0M$2.6M20xas long as short
Variational Omni ZIL−0.1282%8h0.003610−0.071%$16K$22Kas long as short
BingX ZIL-USDT−0.1279%4h0.003608−0.138%$2.5Mas long as short
MEXC ZIL_USDT−0.0962%4h0.003604−0.249%$2.3M$734K125xas long as short
Binance ZILUSDT−0.0960%4h0.003599−0.387%$4.3M$10.1M25xas long as short
BloFin ZIL-USDT−0.0914%4h0.003597−0.443%$254K$140K25xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ZILUSDT−0.0905%4h0.003584−0.796%$146K$52K10xas long as short
Bitget ZILUSDT−0.0582%4h0.003607−0.166%$1.2M$808K25xas long as short