Funding you earn now, next payment 04:00 UTC−0.1134%/8h= −124.2% APRnext payment −$5.67 per $10,000 · paid last 24h −0.004%
Price spread now: KuCoin against MEXC+0.798%7-day average +0.637% · you sell dearer than you buy
Net, funding: paid 7d − costs−$320as in the Funding arb table
Net, price: spread back to 7d avg − costs−$213as in the Price arb table
costs, in and out, $10k−$2292.292% of the position
Funding, last 7 days−0.907%−$91 on $10k
+Price spread, last 7 days−0.505%−$51 · spread now +0.798%, 7d avg +0.637%
=The price spread pays, funding is against you. KuCoin is 0.161% dearer against MEXC than usual: you sell high and buy low (spread +0.798% now, against its 7-day average of +0.637%): +$16 on $10k if it goes back. Holding the pair costs −$34 a day in funding at the current rate, which eats that in about 11 hours. At the pace of the last 7 days (−0.907% in total) that is about 30 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZIL_USDT | 0.003632 | −0.0666 | get 0.0333% / 4h | 3h 53m | $2.4M | $859K | 125x |
| Short | KuCoin ZILUSDTM | 0.003661 | −0.1800 | pay 0.0900% / 4h | 3h 53m | $2.4M | $223K | 25x |
MEXC ZIL_USDT
KuCoin ZILUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$238.14
- Price spread: +0.798% → +0.637%
- $16.12
- Slippage, 4 orders
- −$213.22
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$451.25
- Costs to cover
- 2.292%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; KuCoin: 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, 3 min ago | 1.37 bp | 6.5 bp −$7 | 30.5 bp −$305 | 236.1 bp −$23.6K | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 6.82 bp | 113.4 bp −$113 | 564.6 bp −$5,646 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ZIL_USDT | −0.3896% | 4h | 0.003644 | +0.330% | $412K | $320K | 50x | as long as short |
| Kraken Futures PF_ZILUSD | −0.3483% | 1h | 0.003651 | +0.512% | $30K | $8K | 10x | as long as short |
| KuCoin ZILUSDTMshort | −0.1800% | 4h | 0.003661 | +0.798% | $2.4M | $223K | 25x | |
| Bybit ZILUSDT | −0.1676% | 8h | 0.003637 | +0.138% | $2.9M | $4.0M | 25x | as long as short |
| BingX ZIL-USDT | −0.1034% | 4h | 0.003637 | +0.138% | — | $2.5M | — | as long as short |
| OKX ZIL-USDT-SWAP | −0.0977% | 4h | 0.003641 | +0.248% | $1.0M | $2.9M | 20x | as long as short |
| Bitget ZILUSDT | −0.0882% | 4h | 0.003639 | +0.193% | $1.3M | $884K | 25x | as long as short |
| Aster ZILUSDT | −0.0825% | 4h | 0.003629 | −0.075% | $147K | $50K | 10x | as long as short |
| BloFin ZIL-USDT | −0.0682% | 4h | 0.003638 | +0.165% | $256K | $158K | 25x | as long as short |
| Binance ZILUSDT | −0.0666% | 4h | 0.003632 | 0.000% | $4.5M | $11.0M | 25x | as long as short |
Gate ZIL_USDT
Kraken Futures PF_ZILUSD
Bybit ZILUSDT
BingX ZIL-USDT
OKX ZIL-USDT-SWAP
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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC ZIL_USDTlong | −0.0666% | 4h | 0.003632 | long leg | $2.4M | $859K | 125x | |
| Variational Omni ZIL | −0.0446% | 8h | 0.003643 | +0.303% | $16K | $26K | — | as long as short |
Variational Omni ZIL