Funding you earn now, next payment 00:00 UTC+0.0043%/8h= +4.7% APRpaid last 24h +0.089%
Price spread now: Bybit against MEXC+0.166%7-day average +0.108% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$860.858% of the position
Funding, last 7 days+0.060%+$6 on $10k
+Price spread, last 7 days−0.222%−$22 · spread now +0.166%, 7d avg +0.108%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bybit is 0.058% dearer against MEXC than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.108%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZIL_USDT | 0.003610 | −0.0556 | get 0.0278% / 4h | 53m 56s | $2.4M | $874K | 125x |
| Short | Bybit ZILUSDT | 0.003616 | −0.0513 | pay 0.0513% / 8h | 53m 56s | $2.9M | $4.0M | 25x |
MEXC ZIL_USDT
Bybit ZILUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $8.93
- Price spread: +0.166% → +0.108%
- $5.79
- Slippage, 4 orders
- −$70.77
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$71.05
- Costs to cover
- 0.858%
- Break-even
- 62.7 days
Slippage from MEXC: live order book, 8 min ago; Bybit: live order book, 4 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, 8 min ago | 1.38 bp | 6.0 bp −$6 | 25.3 bp −$253 | 224.4 bp −$22.4K | doesn't fit |
| Sell Bybit live order book, 4 min ago | 2.77 bp | 38.0 bp −$38 | 107.2 bp −$1,072 | 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 | −0.3233% | 1h | 0.003629 | +0.523% | $29K | $8K | 10x | as long as short |
| KuCoin ZILUSDTM | −0.1914% | 4h | 0.003637 | +0.748% | $2.4M | $215K | 25x | as long as short |
| Gate ZIL_USDT | −0.1436% | 4h | 0.003623 | +0.360% | $411K | $324K | 50x | as long as short |
| OKX ZIL-USDT-SWAP | −0.0920% | 4h | 0.003618 | +0.222% | $1.0M | $2.8M | 20x | as long as short |
| BingX ZIL-USDT | −0.0884% | 4h | 0.003616 | +0.166% | — | $2.5M | — | as long as short |
| Bitget ZILUSDT | −0.0728% | 4h | 0.003613 | +0.083% | $1.2M | $835K | 25x | as long as short |
| Aster ZILUSDT | −0.0669% | 4h | 0.003612 | +0.053% | $146K | $50K | 10x | as long as short |
| BloFin ZIL-USDT | −0.0604% | 4h | 0.003615 | +0.139% | $256K | $160K | 25x | as long as short |
| Binance ZILUSDT | −0.0557% | 4h | 0.003613 | +0.083% | $4.4M | $11.1M | 25x | as long as short |
| MEXC ZIL_USDTlong | −0.0556% | 4h | 0.003610 | long leg | $2.4M | $874K | 125x |
Kraken Futures PF_ZILUSD
KuCoin ZILUSDTM
Gate ZIL_USDT
OKX ZIL-USDT-SWAP
BingX ZIL-USDT
Bitget ZILUSDT
Aster ZILUSDT
BloFin ZIL-USDT
Binance ZILUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZILUSDTshort | −0.0513% | 8h | 0.003616 | +0.166% | $2.9M | $4.0M | 25x | |
| Variational Omni ZIL | −0.0434% | 8h | 0.003619 | +0.236% | $16K | $26K | — | as long as short |
Variational Omni ZIL