ZIL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.1964%/8h= +215.1% APRnext payment +$9.82 per $10,000 · paid last 24h −0.103%

Price spread now: OKX against Gate−0.111%7-day average −0.337% · you buy dearer than you sell

Net, funding: paid 7d − costs−$263as in the Funding arb table

Net, price: spread back to 7d avg − costs−$182as in the Price arb table

costs, in and out, $10k−$2042.044% of the position

Long on Gate Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.583%−$58 on $10k

Price spread, last 4 days (all we have)−0.330%−$33 · spread now −0.111%, 7d avg −0.337%

Together, before fees−0.912%−$91 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$59 a day on $10k at the current rate, and OKX is 0.226% dearer against Gate than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of −0.337%. Mind the row above: over the last 7 days funding on this pair cost −0.583%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.583% in total (about -30.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$9.82 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate ZIL_USDT	0.003603	−0.3352	get 0.1676% / 4h	2h 38m	$382K	$339K	50x
Short	OKX ZIL-USDT-SWAP	0.003599	−0.1388	pay 0.0694% / 4h	2h 38m	$1.0M	$2.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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

Position, each leg$Hold fordaysFee GatebpFee OKXbpOrdersPrice spread, now −0.111%Rate

Funding earned: $412.46
Price spread: −0.111% → −0.337%: $22.57
Slippage, 4 orders: −$179.4
Fee Gate: 7.5 bp × 2 orders: −$15
Fee OKX: 5 bp × 2 orders: −$10
Net: $230.63
Costs to cover: 2.044%
Break-even: 3.1 days

Slippage from Gate: live order book, 7 min ago; OKX: live order book, 3 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, 7 min ago	2.74 bp	68.5 bp −$68	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	2.77 bp	29.6 bp −$30	doesn't fit	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	−0.3616%	1h	0.003603	+0.001%	$29K	$7K	10x	as long as short
Gate ZIL_USDTlong	−0.3352%	4h	0.003603	long leg	$382K	$339K	50x
KuCoin ZILUSDTM	−0.2430%	4h	0.003612	+0.250%	$2.4M	$212K	25x	as long as short
Bybit ZILUSDT	−0.1671%	8h	0.003597	−0.167%	$2.8M	$3.3M	25x	as long as short
BingX ZIL-USDT	−0.1542%	4h	0.003595	−0.222%	—	$2.5M	—	as long as short
OKX ZIL-USDT-SWAPshort	−0.1388%	4h	0.003599	−0.111%	$1.0M	$2.6M	20x
Variational Omni ZIL	−0.1282%	8h	0.003610	+0.207%	$16K	$22K	—	as long as short
MEXC ZIL_USDT	−0.0964%	4h	0.003585	−0.500%	$2.3M	$734K	125x	as long as short
Binance ZILUSDT	−0.0963%	4h	0.003589	−0.389%	$4.3M	$10.1M	25x	as long as short
BloFin ZIL-USDT	−0.0931%	4h	0.003599	−0.111%	$254K	$140K	25x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster ZILUSDT	−0.0911%	4h	0.003574	−0.792%	$146K	$52K	10x	as long as short
Bitget ZILUSDT	−0.0598%	4h	0.003591	−0.333%	$1.2M	$808K	25x	as long as short