Funding you earn now, next payment 04:00 UTC+0.1021%/8h= +111.8% APRpaid last 24h +0.066%
Price spread now: Bybit against KuCoin−0.436%7-day average −0.531% · you buy dearer than you sell
Net, funding: paid 7d − costs−$213as in the Funding arb table
Net, price: spread back to 7d avg − costs−$297as in the Price arb table
costs, in and out, $10k−$3073.066% of the position
Funding, last 7 days+0.931%+$93 on $10k
+Price spread, last 7 days+0.003%$0 · spread now −0.436%, 7d avg −0.531%
=Both sides work for this trade now. Funding pays +$31 a day on $10k at the current rate, and Bybit is 0.095% dearer against KuCoin than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.531%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ZILUSDTM | 0.003671 | −0.2782 | get 0.1391% / 4h | 46m 38s | $2.4M | $215K | 25x |
| Short | Bybit ZILUSDT | 0.003655 | −0.1761 | pay 0.1761% / 8h | 4h 46m | $2.9M | $3.4M | 25x |
KuCoin ZILUSDTM
Bybit ZILUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $214.45
- Price spread: −0.436% → −0.531%
- $9.47
- Slippage, 4 orders
- −$283.55
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$82.63
- Costs to cover
- 3.066%
- Break-even
- 9.7 days
Slippage from KuCoin: live order book, 5 min ago; Bybit: live order book, 1 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, 5 min ago | 8.18 bp | 69.3 bp −$69 | 418.4 bp −$4,184 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 1.37 bp | 41.3 bp −$41 | 393.6 bp −$3,936 | 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 | −0.3614% | 1h | 0.003661 | −0.267% | $30K | $8K | 10x | as long as short |
| KuCoin ZILUSDTMlong | −0.2782% | 4h | 0.003671 | long leg | $2.4M | $215K | 25x | |
| Gate ZIL_USDT | −0.2476% | 4h | 0.003662 | −0.245% | $400K | $341K | 50x | as long as short |
| Bybit ZILUSDTshort | −0.1761% | 8h | 0.003655 | −0.436% | $2.9M | $3.4M | 25x | |
| BingX ZIL-USDT | −0.1564% | 4h | 0.003656 | −0.409% | — | $2.5M | — | as long as short |
| OKX ZIL-USDT-SWAP | −0.1487% | 4h | 0.003658 | −0.354% | $1.0M | $2.6M | 20x | as long as short |
| Variational Omni ZIL | −0.1054% | 8h | 0.003646 | −0.671% | $16K | $22K | — | as long as short |
| BloFin ZIL-USDT | −0.0943% | 4h | 0.003647 | −0.654% | $256K | $151K | 25x | as long as short |
| Aster ZILUSDT | −0.0921% | 4h | 0.003641 | −0.820% | $148K | $56K | 10x | as long as short |
| Binance ZILUSDT | −0.0885% | 4h | 0.003648 | −0.624% | $4.4M | $10.2M | 25x | as long as short |
Kraken Futures PF_ZILUSD
Gate ZIL_USDT
BingX ZIL-USDT
OKX ZIL-USDT-SWAP
Variational Omni ZIL
BloFin ZIL-USDT
Aster ZILUSDT
Binance ZILUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ZIL_USDT | −0.0884% | 4h | 0.003650 | −0.572% | $2.5M | $776K | 125x | as long as short |
| Bitget ZILUSDT | −0.0406% | 4h | 0.003653 | −0.490% | $1.3M | $851K | 25x | as long as short |
MEXC ZIL_USDT
Bitget ZILUSDT