Funding you earn now, next payment 12:00 UTC+0.1265%/8h= +138.5% APRnext payment +$6.32 per $10,000 · paid last 24h +0.243%
Price spread now: BloFin against KuCoin−0.719%65s7-day average −0.828% · you buy dearer than you sell
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2382.376% of the position
Funding, last 7 days+1.140%+$114 on $10k
+Price spread, last 4 days (all we have)−0.039%−$4 · spread now −0.719%, 7d avg −0.828%
=Both sides work for this trade now. Funding pays +$38 a day on $10k at the current rate, and BloFin is 0.109% dearer against KuCoin than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.828%. The two prices were read 65 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 | KuCoin ZILUSDTM | 0.003757 | −0.1940 | get 0.0970% / 4h | 2h 18m | $2.5M | $188K | 25x |
| Short | BloFin ZIL-USDT | 0.003730 | −0.0675 | pay 0.0338% / 4h | 2h 18m | $264K | $147K | 25x |
KuCoin ZILUSDTM
BloFin ZIL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $265.63
- Price spread: −0.719% → −0.828%
- $10.9
- Slippage, 4 orders
- −$213.63
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $38.89
- Costs to cover
- 2.376%
- Break-even
- 6.0 days
Slippage from KuCoin: live order book, 2 min ago; BloFin: live order book, 28 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, 2 min ago | 9.31 bp | 69.3 bp −$69 | 295.5 bp −$2,955 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 28 min ago | 2.68 bp | 33.5 bp −$34 | 69.1 bp −$691 | doesn't fit | doesn't fit |
ZIL on 12 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ZIL_USDT | −0.3776% | 4h | 0.003743 | −0.373% | $368K | $401K | 50x | as long as short |
| Kraken Futures PF_ZILUSD | −0.3298% | 1h | 0.003740 | −0.446% | $30K | $7K | 10x | as long as short |
| KuCoin ZILUSDTMlong | −0.1940% | 4h | 0.003757 | long leg | $2.5M | $188K | 25x | |
| Bybit ZILUSDT | −0.1461% | 8h | 0.003732 | −0.665% | $2.9M | $2.3M | 25x | as long as short |
| OKX ZIL-USDT-SWAP | −0.1196% | 4h | 0.003736 | −0.559% | $1.0M | $2.4M | 20x | as long as short |
| Variational Omni ZIL | −0.0956% | 8h | 0.003733 | −0.646% | $17K | $20K | — | as long as short |
| Binance ZILUSDT | −0.0724% | 4h | 0.003727 | −0.797% | $4.5M | $9.2M | 25x | as long as short |
| MEXC ZIL_USDT | −0.0722% | 4h | 0.003727 | −0.799% | $2.2M | $647K | 125x | as long as short |
| BloFin ZIL-USDTshort | −0.0675% | 4h | 0.003730 | −0.719% | $264K | $147K | 25x | |
| Bitget ZILUSDT | −0.0554% | 4h | 0.003730 | −0.719% | $1.3M | $775K | 25x | as long as short |
Gate ZIL_USDT
Kraken Futures PF_ZILUSD
Bybit ZILUSDT
OKX ZIL-USDT-SWAP
Variational Omni ZIL
Binance ZILUSDT
MEXC ZIL_USDT
Bitget ZILUSDTShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ZILUSDT | −0.0547% | 4h | 0.003734 | −0.600% | $152K | $45K | 10x | as long as short |
| BingX ZIL-USDT | −0.0252% | 4h | 0.003733 | −0.639% | — | $2.5M | — | as long as short |
Aster ZILUSDT
BingX ZIL-USDT