Funding you earn now, next payment 06:00 UTC+0.2117%/8h= +231.9% APRpaid last 24h +0.703%
Price spread now: OKX against Kraken Futures−0.156%45s7-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. OKX is 0.156% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.156% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 6 hours of funding at the current rate (+$64 a day). The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ZILUSD | 0.003660 | −0.3560 | get 0.0445% / 1h | 50m 40s | $30K | $7K | 10x |
| Short | OKX ZIL-USDT-SWAP | 0.003654 | −0.1443 | pay 0.0721% / 4h | 2h 50m | $1.0M | $2.6M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $444.65
- Price spread: −0.156% → 0.000%
- −$15.57
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $409.07
- Costs to cover
- 0.200%
- Break-even
- 0.6 days
Slippage unknown: Kraken Futures: no order-book sample; OKX: live order book, 1 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 OKX live order book, 1 min ago | 2.74 bp | 29.0 bp −$29 | doesn't fit | 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 | −0.3560% | 1h | 0.003660 | long leg | $30K | $7K | 10x | |
| Gate ZIL_USDT | −0.3028% | 4h | 0.003662 | +0.063% | $389K | $338K | 50x | as long as short |
| KuCoin ZILUSDTM | −0.2400% | 4h | 0.003675 | +0.418% | $2.4M | $212K | 25x | as long as short |
| Bybit ZILUSDT | −0.1731% | 8h | 0.003649 | −0.292% | $2.8M | $3.3M | 25x | as long as short |
| BingX ZIL-USDT | −0.1578% | 4h | 0.003649 | −0.292% | — | $2.5M | — | as long as short |
| OKX ZIL-USDT-SWAPshort | −0.1443% | 4h | 0.003654 | −0.156% | $1.0M | $2.6M | 20x | |
| Variational Omni ZIL | −0.1293% | 8h | 0.003645 | −0.405% | $16K | $22K | — | as long as short |
| BloFin ZIL-USDT | −0.1008% | 4h | 0.003643 | −0.456% | $255K | $145K | 25x | as long as short |
| MEXC ZIL_USDT | −0.0982% | 4h | 0.003643 | −0.456% | $2.4M | $733K | 125x | as long as short |
| Binance ZILUSDT | −0.0978% | 4h | 0.003642 | −0.488% | $4.4M | $10.1M | 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 | −0.0923% | 4h | 0.003625 | −0.951% | $148K | $56K | 10x | as long as short |
| Bitget ZILUSDT | −0.0636% | 4h | 0.003650 | −0.265% | $1.3M | $817K | 25x | as long as short |
Kraken Futures PF_ZILUSD
OKX ZIL-USDT-SWAP
Gate ZIL_USDT
KuCoin ZILUSDTM
Bybit ZILUSDT
BingX ZIL-USDT
Variational Omni ZIL
BloFin ZIL-USDT
MEXC ZIL_USDT
Binance ZILUSDT
Aster ZILUSDT
Bitget ZILUSDT