Funding you earn now, next payment 06:00 UTC+0.1796%/8h= +196.7% APRpaid last 24h +0.854%
Price spread now: Bybit against Kraken Futures−0.229%7-day average — · you buy dearer than you sell
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
Funding pays, the price is against you. Bybit is 0.229% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.229% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$23 on $10k: about 10 hours of funding at the current rate (+$54 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ZILUSD | 0.003660 | −0.3559 | get 0.0445% / 1h | 55m 51s | $30K | $7K | 10x |
| Short | Bybit ZILUSDT | 0.003652 | −0.1763 | pay 0.1763% / 8h | 2h 55m | $2.8M | $3.3M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Kraken Futures. 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
- $377.19
- Price spread: −0.229% → 0.000%
- −$22.86
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $333.32
- Costs to cover
- 0.210%
- Break-even
- 0.8 days
Slippage unknown: Kraken Futures: no order-book sample; Bybit: live order book, 2 min ago. 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 2 min ago | 1.37 bp | 37.6 bp −$38 | 318.3 bp −$3,183 | doesn't fit | doesn't fit |
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_ZILUSDlong | −0.3559% | 1h | 0.003660 | long leg | $30K | $7K | 10x | |
| Gate ZIL_USDT | −0.3204% | 4h | 0.003658 | −0.065% | $389K | $338K | 50x | as long as short |
| KuCoin ZILUSDTM | −0.2456% | 4h | 0.003670 | +0.263% | $2.4M | $212K | 25x | as long as short |
| Bybit ZILUSDTshort | −0.1763% | 8h | 0.003652 | −0.229% | $2.8M | $3.3M | 25x | |
| BingX ZIL-USDT | −0.1606% | 4h | 0.003650 | −0.283% | — | $2.5M | — | as long as short |
| OKX ZIL-USDT-SWAP | −0.1518% | 4h | 0.003651 | −0.256% | $1.0M | $2.6M | 20x | as long as short |
| Variational Omni ZIL | −0.1304% | 8h | 0.003650 | −0.287% | $16K | $22K | — | as long as short |
| BloFin ZIL-USDT | −0.1045% | 4h | 0.003620 | −1.103% | $255K | $144K | 25x | as long as short |
| MEXC ZIL_USDT | −0.0994% | 4h | 0.003643 | −0.474% | $2.4M | $726K | 125x | as long as short |
| Binance ZILUSDT | −0.0991% | 4h | 0.003643 | −0.467% | $4.4M | $10.2M | 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 | −0.0938% | 4h | 0.003650 | −0.291% | $149K | $57K | 10x | as long as short |
| Bitget ZILUSDT | −0.0672% | 4h | 0.003650 | −0.283% | $1.3M | $826K | 25x | as long as short |
Kraken Futures PF_ZILUSD
Bybit ZILUSDT
Gate ZIL_USDT
KuCoin ZILUSDTM
BingX ZIL-USDT
OKX ZIL-USDT-SWAP
Variational Omni ZIL
BloFin ZIL-USDT
MEXC ZIL_USDT
Binance ZILUSDT
Aster ZILUSDT
Bitget ZILUSDT