Funding you earn now, next payment 04:00 UTC+0.0458%/8h= +50.2% APRnext payment +$2.29 per $10,000 · paid last 24h +0.074%
Price spread now: Bitget against MEXC+0.301%7-day average +0.086% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$660.655% of the position
Funding, last 7 days+0.170%+$17 on $10k
+Price spread, last 7 days−0.512%−$51 · spread now +0.301%, 7d avg +0.086%
=Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Bitget is 0.215% dearer against MEXC than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of +0.086%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.170% in total (about 8.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.29 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZIL_USDT | 0.003657 | −0.0910 | get 0.0455% / 4h | 28m 07s | $2.5M | $781K | 125x |
| Short | Bitget ZILUSDT | 0.003668 | −0.0452 | pay 0.0226% / 4h | 28m 07s | $1.3M | $848K | 25x |
MEXC ZIL_USDT
Bitget ZILUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $96.18
- Price spread: +0.301% → +0.086%
- $21.45
- Slippage, 4 orders
- −$49.53
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $52.11
- Costs to cover
- 0.655%
- Break-even
- 3.2 days
Slippage from MEXC: live order book, 4 min ago; Bitget: live order book, 3 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, 4 min ago | 2.74 bp | 7.6 bp −$8 | 28.9 bp −$289 | 237.5 bp −$23.8K | doesn't fit |
| Sell Bitget live order book, 3 min ago | 2.73 bp | 27.7 bp −$28 | 101.6 bp −$1,016 | 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 | −0.3601% | 1h | 0.003674 | +0.476% | $30K | $8K | 10x | as long as short |
| KuCoin ZILUSDTM | −0.2788% | 4h | 0.003689 | +0.875% | $2.4M | $209K | 25x | as long as short |
| Gate ZIL_USDT | −0.2104% | 4h | 0.003670 | +0.355% | $398K | $344K | 50x | as long as short |
| Bybit ZILUSDT | −0.1823% | 8h | 0.003663 | +0.164% | $2.9M | $3.4M | 25x | as long as short |
| BingX ZIL-USDT | −0.1644% | 4h | 0.003666 | +0.246% | — | $2.5M | — | as long as short |
| OKX ZIL-USDT-SWAP | −0.1569% | 4h | 0.003666 | +0.246% | $1.0M | $2.6M | 20x | as long as short |
| Variational Omni ZIL | −0.1155% | 8h | 0.003662 | +0.147% | $16K | $22K | — | as long as short |
| Aster ZILUSDT | −0.0923% | 4h | 0.003655 | −0.044% | $149K | $56K | 10x | as long as short |
| Binance ZILUSDT | −0.0912% | 4h | 0.003657 | −0.008% | $4.4M | $10.1M | 25x | as long as short |
| MEXC ZIL_USDTlong | −0.0910% | 4h | 0.003657 | long leg | $2.5M | $781K | 125x |
Kraken Futures PF_ZILUSD
KuCoin ZILUSDTM
Gate ZIL_USDT
Bybit ZILUSDT
BingX ZIL-USDT
OKX ZIL-USDT-SWAP
Variational Omni ZIL
Aster ZILUSDT
Binance ZILUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ZIL-USDT | −0.0882% | 4h | 0.003667 | +0.273% | $257K | $152K | 25x | as long as short |
| Bitget ZILUSDTshort | −0.0452% | 4h | 0.003668 | +0.301% | $1.3M | $848K | 25x |
BloFin ZIL-USDT