Funding arb · Price arb /

ZIL

all ZIL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0023%/8h= −2.5% APRpaid last 24h +0.071%

Price spread now: Variational Omni against MEXC−0.222%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Variational Omni is 0.222% cheaper against MEXC than usual: you would sell low and buy high (−$22 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ZIL_USDT	0.003640	−0.0756	get 0.0378% / 4h	2h 49m	$2.4M	$827K	125x
Short	Variational Omni ZIL	0.003632	−0.0779	pay 0.0779% / 8h	6h 49m	$16K	$26K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee Variational OmnibpOrdersPrice spread, now −0.222%Rate

Funding earned: −$4.76
Price spread: −0.222% → 0.000%: −$22.15
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$30.91
Costs to cover: 0.040%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 2 min ago; Variational Omni: no order-book sample. Net counts fees only.

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, 2 min ago	1.38 bp	16.7 bp −$17	58.0 bp −$580	241.3 bp −$24.1K	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.3614%	1h	0.003652	+0.325%	$30K	$8K	10x	as long as short
KuCoin ZILUSDTM	−0.1980%	4h	0.003665	+0.687%	$2.4M	$230K	25x	as long as short
Bybit ZILUSDT	−0.1911%	8h	0.003645	+0.137%	$2.9M	$3.7M	25x	as long as short
BingX ZIL-USDT	−0.1734%	4h	0.003646	+0.165%	—	$2.5M	—	as long as short
OKX ZIL-USDT-SWAP	−0.0993%	4h	0.003649	+0.247%	$1.0M	$2.8M	20x	as long as short
Aster ZILUSDT	−0.0908%	4h	0.003639	−0.017%	$147K	$52K	10x	as long as short
Gate ZIL_USDT	−0.0882%	4h	0.003648	+0.220%	$396K	$343K	50x	as long as short
Variational Omni ZILshort	−0.0779%	8h	0.003632	−0.222%	$16K	$26K	—
Binance ZILUSDT	−0.0758%	4h	0.003641	+0.017%	$4.4M	$10.6M	25x	as long as short
MEXC ZIL_USDTlong	−0.0756%	4h	0.003640	long leg	$2.4M	$827K	125x

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin ZIL-USDT	−0.0730%	4h	0.003626	−0.385%	$256K	$153K	25x	as long as short
Bitget ZILUSDT	−0.0538%	4h	0.003647	+0.192%	$1.3M	$874K	25x	as long as short