Funding you earn now, next payment 08:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.06 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against MEXC+0.081%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$540.537% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.156%−$16 · spread now +0.081%, 7d avg −0.004%
=The price spread pays, funding is against you. BloFin is 0.085% dearer against MEXC than usual: you sell high and buy low (spread +0.081% now, against its 7-day average of −0.004%): +$9 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 24 days. At the pace of the last 7 days (−0.004% in total) that is about 5 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZIL_USDT | 0.003686 | −0.0824 | get 0.0412% / 4h | 39m 04s | $2.4M | $710K | 125x |
| Short | BloFin ZIL-USDT | 0.003689 | −0.0836 | pay 0.0418% / 4h | 39m 04s | $257K | $146K | 25x |
MEXC ZIL_USDT
BloFin ZIL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$2.51
- Price spread: +0.081% → −0.004%
- $8.51
- Slippage, 4 orders
- −$37.7
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$47.69
- Costs to cover
- 0.537%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; BloFin: live order book, 32 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, 3 min ago | 2.71 bp | 9.5 bp −$10 | 35.7 bp −$357 | 242.7 bp −$24.3K | doesn't fit |
| Sell BloFin live order book, 32 min ago | 2.72 bp | 18.4 bp −$18 | 42.9 bp −$429 | 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 | −0.3568% | 1h | 0.003701 | +0.397% | $30K | $7K | 10x | as long as short |
| KuCoin ZILUSDTM | −0.2310% | 4h | 0.003721 | +0.950% | $2.4M | $215K | 25x | as long as short |
| Bybit ZILUSDT | −0.1334% | 8h | 0.003696 | +0.271% | $2.9M | $3.1M | 25x | as long as short |
| Gate ZIL_USDT | −0.1116% | 4h | 0.003712 | +0.705% | $381K | $341K | 50x | as long as short |
| Variational Omni ZIL | −0.1102% | 8h | 0.003704 | +0.496% | $16K | $22K | — | as long as short |
| BloFin ZIL-USDTshort | −0.0836% | 4h | 0.003689 | +0.081% | $257K | $146K | 25x | |
| Binance ZILUSDT | −0.0829% | 4h | 0.003686 | 0.000% | $4.4M | $9.9M | 25x | as long as short |
| MEXC ZIL_USDTlong | −0.0824% | 4h | 0.003686 | long leg | $2.4M | $710K | 125x | |
| OKX ZIL-USDT-SWAP | −0.0707% | 4h | 0.003696 | +0.271% | $1.0M | $2.6M | 20x | as long as short |
| Aster ZILUSDT | −0.0661% | 4h | 0.003680 | −0.167% | $150K | $47K | 10x | as long as short |
Kraken Futures PF_ZILUSD
KuCoin ZILUSDTM
Bybit ZILUSDT
Gate ZIL_USDT
Variational Omni ZIL
Binance ZILUSDT
OKX ZIL-USDT-SWAP
Aster ZILUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ZILUSDT | −0.0416% | 4h | 0.003694 | +0.217% | $1.3M | $794K | 25x | as long as short |
| BingX ZIL-USDT | −0.0290% | 4h | 0.003696 | +0.271% | — | $2.5M | — | as long as short |
Bitget ZILUSDT
BingX ZIL-USDT