Funding you earn now, next payment 12:00 UTC+0.1344%/8h= +147.2% APRnext payment +$6.72 per $10,000 · paid last 24h +0.246%
Price spread now: Binance against KuCoin−0.780%7-day average −0.668% · you buy dearer than you sell
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$269as in the Price arb table
costs, in and out, $10k−$2582.582% of the position
Funding, last 7 days+1.149%+$115 on $10k
+Price spread, last 7 days+0.356%+$36 · spread now −0.780%, 7d avg −0.668%
=Funding pays, the price is against you. Binance is 0.112% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.780% now, against its 7-day average of −0.668%). If the spread goes back, that is −$11 on $10k: about 7 hours of funding at the current rate (+$40 a day). At the pace of the last 7 days (+1.149% in total) that is about 16 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ZILUSDTM | 0.003746 | −0.2060 | get 0.1030% / 4h | 3h 51m | $2.5M | $215K | 25x |
| Short | Binance ZILUSDT | 0.003717 | −0.0716 | pay 0.0358% / 4h | 3h 51m | $4.5M | $9.9M | 25x |
KuCoin ZILUSDTM
Binance ZILUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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
- $282.35
- Price spread: −0.780% → −0.668%
- −$11.17
- Slippage, 4 orders
- −$236.22
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $12.96
- Costs to cover
- 2.582%
- Break-even
- 6.7 days
Slippage from KuCoin: live order book, 6 min ago; Binance: live order book, 4 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 KuCoin live order book, 6 min ago | 5.35 bp | 73.2 bp −$73 | 391.0 bp −$3,910 | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 1.35 bp | 22.9 bp −$23 | 83.0 bp −$830 | 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 | −0.3602% | 1h | 0.003727 | −0.505% | $30K | $7K | 10x | as long as short |
| Gate ZIL_USDT | −0.3128% | 4h | 0.003728 | −0.481% | $371K | $396K | 50x | as long as short |
| KuCoin ZILUSDTMlong | −0.2060% | 4h | 0.003746 | long leg | $2.5M | $215K | 25x | |
| Bybit ZILUSDT | −0.1187% | 8h | 0.003722 | −0.641% | $2.9M | $3.1M | 25x | as long as short |
| Variational Omni ZIL | −0.0949% | 8h | 0.003719 | −0.724% | $17K | $20K | — | as long as short |
| BloFin ZIL-USDT | −0.0764% | 4h | 0.003710 | −0.961% | $263K | $147K | 25x | as long as short |
| OKX ZIL-USDT-SWAP | −0.0746% | 4h | 0.003718 | −0.747% | $1.0M | $2.7M | 20x | as long as short |
| Binance ZILUSDTshort | −0.0716% | 4h | 0.003717 | −0.780% | $4.5M | $9.9M | 25x | |
| MEXC ZIL_USDT | −0.0714% | 4h | 0.003717 | −0.774% | $2.3M | $697K | 125x | as long as short |
| Aster ZILUSDT | −0.0584% | 4h | 0.003712 | −0.904% | $152K | $47K | 10x | as long as short |
Kraken Futures PF_ZILUSD
Gate ZIL_USDT
Bybit ZILUSDT
Variational Omni ZIL
BloFin ZIL-USDT
OKX ZIL-USDT-SWAP
MEXC ZIL_USDT
Aster ZILUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ZILUSDT | −0.0306% | 4h | 0.003720 | −0.694% | $1.3M | $808K | 25x | as long as short |
| BingX ZIL-USDT | −0.0194% | 4h | 0.003720 | −0.694% | — | $2.5M | — | as long as short |
Bitget ZILUSDT
BingX ZIL-USDT