Funding you earn now, next payment 12:00 UTC−0.0464%/8h= −50.8% APRnext payment −$2.32 per $10,000 · paid last 24h −0.089%
Price spread now: OKX against MEXC+0.188%7-day average +0.321% · you sell dearer than you buy
Net, funding: paid 7d − costs−$204as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$700.698% of the position
Funding, last 7 days−1.338%−$134 on $10k
+Price spread, last 7 days+1.722%+$172 · spread now +0.188%, 7d avg +0.321%
=Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and OKX is 0.133% cheaper against MEXC than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.321%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZIL_USDT | 0.003728 | −0.0722 | get 0.0361% / 4h | 2h 19m | $2.2M | $647K | 125x |
| Short | OKX ZIL-USDT-SWAP | 0.003735 | −0.1186 | pay 0.0593% / 4h | 2h 19m | $1.0M | $2.4M | 20x |
MEXC ZIL_USDT
OKX ZIL-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$97.39
- Price spread: +0.188% → +0.321%
- −$13.35
- Slippage, 4 orders
- −$55.8
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$180.54
- Costs to cover
- 0.698%
- Break-even
- never at this rate
Slippage from MEXC: live order book, just now; OKX: live order book, 6 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, just now | 1.34 bp | 6.8 bp −$7 | 53.7 bp −$537 | 254.9 bp −$25.5K | doesn't fit |
| Sell OKX live order book, 6 min ago | 4.01 bp | 27.7 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
ZIL on 12 exchanges
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 | −0.3746% | 4h | 0.003745 | +0.456% | $368K | $401K | 50x | as long as short |
| Kraken Futures PF_ZILUSD | −0.3293% | 1h | 0.003746 | +0.496% | $30K | $7K | 10x | as long as short |
| KuCoin ZILUSDTM | −0.1916% | 4h | 0.003761 | +0.885% | $2.5M | $188K | 25x | as long as short |
| Bybit ZILUSDT | −0.1450% | 8h | 0.003734 | +0.161% | $2.9M | $2.7M | 25x | as long as short |
| OKX ZIL-USDT-SWAPshort | −0.1186% | 4h | 0.003735 | +0.188% | $1.0M | $2.4M | 20x | |
| Variational Omni ZIL | −0.0956% | 8h | 0.003733 | +0.127% | $17K | $20K | — | as long as short |
| Binance ZILUSDT | −0.0724% | 4h | 0.003726 | −0.052% | $4.5M | $9.2M | 25x | as long as short |
| MEXC ZIL_USDTlong | −0.0722% | 4h | 0.003728 | long leg | $2.2M | $647K | 125x | |
| BloFin ZIL-USDT | −0.0695% | 4h | 0.003729 | +0.027% | $264K | $147K | 25x | as long as short |
| Bitget ZILUSDT | −0.0548% | 4h | 0.003731 | +0.080% | $1.3M | $789K | 25x | as long as short |
Gate ZIL_USDT
Kraken Futures PF_ZILUSD
KuCoin ZILUSDTM
Bybit ZILUSDT
Variational Omni ZIL
Binance ZILUSDT
BloFin ZIL-USDT
Bitget ZILUSDTShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ZILUSDT | −0.0536% | 4h | 0.003734 | +0.173% | $152K | $45K | 10x | as long as short |
| BingX ZIL-USDT | −0.0252% | 4h | 0.003735 | +0.188% | — | $2.5M | — | as long as short |
Aster ZILUSDT
BingX ZIL-USDT