Funding you earn now, next payment 04:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Binance against MEXC−0.074%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$540.540% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 7 days+0.074%+$7 · spread now −0.074%, 7d avg −0.009%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.064% cheaper against MEXC than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZIL_USDT | 0.003640 | −0.0728 | get 0.0364% / 4h | 3h 12m | $2.4M | $862K | 125x |
| Short | Binance ZILUSDT | 0.003637 | −0.0729 | pay 0.0365% / 4h | 3h 12m | $4.4M | $10.6M | 25x |
MEXC ZIL_USDT
Binance ZILUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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
- −$0.22
- Price spread: −0.074% → −0.009%
- −$6.43
- Slippage, 4 orders
- −$39.95
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$60.6
- Costs to cover
- 0.540%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 min ago; Binance: live order book, 13 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 MEXC live order book, 5 min ago | 1.37 bp | 6.7 bp −$7 | 27.1 bp −$271 | 228.9 bp −$22.9K | doesn't fit |
| Sell Binance live order book, 13 min ago | 1.37 bp | 18.5 bp −$18 | 62.3 bp −$623 | 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 | −0.3476% | 1h | 0.003658 | +0.491% | $30K | $8K | 10x | as long as short |
| Bybit ZILUSDT | −0.2070% | 8h | 0.003641 | +0.027% | $2.9M | $3.7M | 25x | as long as short |
| KuCoin ZILUSDTM | −0.1838% | 4h | 0.003669 | +0.797% | $2.4M | $225K | 25x | as long as short |
| Gate ZIL_USDT | −0.1706% | 4h | 0.003653 | +0.357% | $413K | $330K | 50x | as long as short |
| BingX ZIL-USDT | −0.1666% | 4h | 0.003644 | +0.110% | — | $2.5M | — | as long as short |
| OKX ZIL-USDT-SWAP | −0.0896% | 4h | 0.003645 | +0.137% | $1.0M | $2.7M | 20x | as long as short |
| Aster ZILUSDT | −0.0887% | 4h | 0.003640 | +0.008% | $147K | $50K | 10x | as long as short |
| BloFin ZIL-USDT | −0.0732% | 4h | 0.003641 | +0.027% | $258K | $154K | 25x | as long as short |
| Binance ZILUSDTshort | −0.0729% | 4h | 0.003637 | −0.074% | $4.4M | $10.6M | 25x | |
| MEXC ZIL_USDTlong | −0.0728% | 4h | 0.003640 | long leg | $2.4M | $862K | 125x |
Kraken Futures PF_ZILUSD
Bybit ZILUSDT
KuCoin ZILUSDTM
Gate ZIL_USDT
BingX ZIL-USDT
OKX ZIL-USDT-SWAP
Aster ZILUSDT
BloFin ZIL-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ZILUSDT | −0.0658% | 4h | 0.003647 | +0.192% | $1.3M | $867K | 25x | as long as short |
| Variational Omni ZIL | −0.0648% | 8h | 0.003644 | +0.108% | $16K | $26K | — | as long as short |
Bitget ZILUSDT
Variational Omni ZIL