Funding you earn now, next payment 00:00 UTC+0.0273%/8h= +29.8% APRnext payment +$1.36 per $10,000 · paid last 24h +0.085%
Price spread now: Binance against OKX−0.186%7-day average −0.433% · you buy dearer than you sell
Net, funding: paid 7d − costs+$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$970.971% of the position
Funding, last 7 days+2.403%+$240 on $10k
+Price spread, last 7 days−1.229%−$123 · spread now −0.186%, 7d avg −0.433%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Binance is 0.247% dearer against OKX than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of −0.433%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ZIL-USDT-SWAP | 0.003612 | −0.0761 | get 0.0381% / 4h | 1h 36m | $1.0M | $2.9M | 20x |
| Short | Binance ZILUSDT | 0.003605 | −0.0489 | pay 0.0244% / 4h | 1h 36m | $4.4M | $11.2M | 25x |
OKX ZIL-USDT-SWAP
Binance ZILUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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
- $57.23
- Price spread: −0.186% → −0.433%
- $24.68
- Slippage, 4 orders
- −$77.1
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$15.19
- Costs to cover
- 0.971%
- Break-even
- 8.9 days
Slippage from OKX: live order book, 5 min ago; Binance: 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 OKX live order book, 5 min ago | 1.38 bp | 27.2 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 1.38 bp | 20.3 bp −$20 | 66.6 bp −$666 | 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 | −0.2975% | 1h | 0.003623 | +0.316% | $29K | $8K | 10x | as long as short |
| Gate ZIL_USDT | −0.2714% | 4h | 0.003618 | +0.166% | $413K | $325K | 50x | as long as short |
| KuCoin ZILUSDTM | −0.1898% | 4h | 0.003629 | +0.471% | $2.4M | $222K | 25x | as long as short |
| OKX ZIL-USDT-SWAPlong | −0.0761% | 4h | 0.003612 | long leg | $1.0M | $2.9M | 20x | |
| BingX ZIL-USDT | −0.0664% | 4h | 0.003610 | −0.055% | — | $2.5M | — | as long as short |
| Bitget ZILUSDT | −0.0582% | 4h | 0.003611 | −0.028% | $1.2M | $852K | 25x | as long as short |
| Aster ZILUSDT | −0.0529% | 4h | 0.003600 | −0.322% | $146K | $50K | 10x | as long as short |
| Bybit ZILUSDT | −0.0526% | 8h | 0.003614 | +0.055% | $2.9M | $4.1M | 25x | as long as short |
| BloFin ZIL-USDT | −0.0521% | 4h | 0.003604 | −0.221% | $255K | $159K | 25x | as long as short |
| Binance ZILUSDTshort | −0.0489% | 4h | 0.003605 | −0.186% | $4.4M | $11.2M | 25x |
Kraken Futures PF_ZILUSD
Gate ZIL_USDT
KuCoin ZILUSDTM
BingX ZIL-USDT
Bitget ZILUSDT
Aster ZILUSDT
Bybit ZILUSDT
BloFin ZIL-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ZIL_USDT | −0.0484% | 4h | 0.003606 | −0.166% | $2.4M | $899K | 125x | as long as short |
| Variational Omni ZIL | −0.0409% | 8h | 0.003617 | +0.141% | $16K | $26K | — | as long as short |
MEXC ZIL_USDT
Variational Omni ZIL