Funding you earn now, next payment 08:00 UTC−0.0332%/8h= −36.4% APRnext payment −$1.66 per $10,000 · paid last 24h +0.150%
Price spread now: Gate against KuCoin+0.054%7-day average −0.305% · you sell dearer than you buy
Net, funding: paid 7d − costs−$395as in the Funding arb table
Net, price: spread back to 7d avg − costs−$334as in the Price arb table
costs, in and out, $10k−$3703.697% of the position
Funding, last 7 days−0.252%−$25 on $10k
+Price spread, last 4 days (all we have)−0.030%−$3 · spread now +0.054%, 7d avg −0.305%
=The price spread pays, funding is against you. Gate is 0.359% dearer against KuCoin than usual: you sell high and buy low (spread +0.054% now, against its 7-day average of −0.305%): +$36 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 3.6 days. At the pace of the last 7 days (−0.252% in total) that is about 10.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ZILUSDTM | 0.003673 | −0.2396 | get 0.1198% / 4h | 1h 58m | $2.4M | $214K | 25x |
| Short | Gate ZIL_USDT | 0.003675 | −0.2728 | pay 0.1364% / 4h | 1h 58m | $388K | $328K | 50x |
KuCoin ZILUSDTM
Gate ZIL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$69.72
- Price spread: +0.054% → −0.305%
- $35.92
- Slippage, 4 orders
- −$342.68
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$403.47
- Costs to cover
- 3.697%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 8 min ago; Gate: live order book, 47 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, 8 min ago | 4.09 bp | 77.6 bp −$78 | 543.5 bp −$5,435 | doesn't fit | doesn't fit |
| Sell Gate live order book, 47 min ago | 2.74 bp | 70.6 bp −$71 | doesn't fit | 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 | −0.3361% | 1h | 0.003660 | −0.346% | $30K | $7K | 10x | as long as short |
| Gate ZIL_USDTshort | −0.2728% | 4h | 0.003675 | +0.054% | $388K | $328K | 50x | |
| KuCoin ZILUSDTMlong | −0.2396% | 4h | 0.003673 | long leg | $2.4M | $214K | 25x | |
| Bybit ZILUSDT | −0.1538% | 8h | 0.003651 | −0.599% | $2.9M | $3.2M | 25x | as long as short |
| Variational Omni ZIL | −0.1243% | 8h | 0.003643 | −0.822% | $16K | $22K | — | as long as short |
| OKX ZIL-USDT-SWAP | −0.1039% | 4h | 0.003650 | −0.626% | $1.0M | $2.6M | 20x | as long as short |
| BloFin ZIL-USDT | −0.0879% | 4h | 0.003629 | −1.198% | $251K | $144K | 25x | as long as short |
| MEXC ZIL_USDT | −0.0852% | 4h | 0.003642 | −0.844% | $2.4M | $723K | 125x | as long as short |
| Binance ZILUSDT | −0.0850% | 4h | 0.003641 | −0.877% | $4.3M | $10.1M | 25x | as long as short |
| Aster ZILUSDT | −0.0791% | 4h | 0.003627 | −1.243% | $148K | $52K | 10x | as long as short |
Kraken Futures PF_ZILUSD
Bybit ZILUSDT
Variational Omni ZIL
OKX ZIL-USDT-SWAP
BloFin ZIL-USDT
MEXC ZIL_USDT
Binance ZILUSDT
Aster ZILUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ZILUSDT | −0.0412% | 4h | 0.003647 | −0.708% | $1.3M | $809K | 25x | as long as short |
| BingX ZIL-USDT | −0.0302% | 4h | 0.003648 | −0.681% | — | $2.5M | — | as long as short |
Bitget ZILUSDT
BingX ZIL-USDT