Funding you earn now, next payment 08:00 UTC−0.0260%/8h= −28.4% APRnext payment −$1.30 per $10,000 · paid last 24h −0.031%
Price spread now: BingX against OKX−0.028%7-day average −0.288% · you buy dearer than you sell
Net, funding: paid 7d − costs+$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$1061.057% of the position
Funding, last 7 days+1.600%+$160 on $10k
+Price spread, last 7 days−2.420%−$242 · spread now −0.028%, 7d avg −0.288%
=The price spread pays, funding is against you. BingX is 0.261% dearer against OKX than usual: you sell high and buy low (spread −0.028% now, against its 7-day average of −0.288%): +$26 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 3.3 days. Mind the row above: over the last 7 days funding on this pair paid +1.600%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ZIL-USDT-SWAP | 0.003617 | −0.1214 | get 0.0607% / 4h | 2h 21m | $1.0M | $2.6M | 20x |
| Short | BingX ZIL-USDT | 0.003616 | −0.1474 | pay 0.0737% / 4h | 2h 21m | — | $2.5M | — |
OKX ZIL-USDT-SWAP
BingX ZIL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$54.52
- Price spread: −0.028% → −0.288%
- $26.08
- Slippage, 4 orders
- −$85.65
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$134.09
- Costs to cover
- 1.057%
- Break-even
- never at this rate
Slippage from OKX: live order book, 1 min ago; BingX: live order book, 13 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, 1 min ago | 2.76 bp | 32.8 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 13 min ago | 4.17 bp | 21.8 bp −$22 | 50.4 bp −$504 | 377.8 bp −$37.8K | 452.6 bp −$226.3K |
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 | −0.3597% | 1h | 0.003622 | +0.148% | $29K | $7K | 10x | as long as short |
| Gate ZIL_USDT | −0.3336% | 4h | 0.003624 | +0.194% | $384K | $341K | 50x | as long as short |
| KuCoin ZILUSDTM | −0.2418% | 4h | 0.003634 | +0.470% | $2.4M | $213K | 25x | as long as short |
| Bybit ZILUSDT | −0.1627% | 8h | 0.003611 | −0.166% | $2.8M | $3.2M | 25x | as long as short |
| BingX ZIL-USDTshort | −0.1474% | 4h | 0.003616 | −0.028% | — | $2.5M | — | |
| Variational Omni ZIL | −0.1276% | 8h | 0.003602 | −0.403% | $16K | $22K | — | as long as short |
| OKX ZIL-USDT-SWAPlong | −0.1214% | 4h | 0.003617 | long leg | $1.0M | $2.6M | 20x | |
| BloFin ZIL-USDT | −0.0966% | 4h | 0.003612 | −0.138% | $251K | $141K | 25x | as long as short |
| MEXC ZIL_USDT | −0.0916% | 4h | 0.003607 | −0.276% | $2.4M | $746K | 125x | as long as short |
| Binance ZILUSDT | −0.0912% | 4h | 0.003606 | −0.304% | $4.3M | $10.1M | 25x | as long as short |
Kraken Futures PF_ZILUSD
Gate ZIL_USDT
KuCoin ZILUSDTM
Bybit ZILUSDT
Variational Omni ZIL
BloFin ZIL-USDT
MEXC ZIL_USDT
Binance ZILUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ZILUSDT | −0.0858% | 4h | 0.003591 | −0.731% | $147K | $52K | 10x | as long as short |
| Bitget ZILUSDT | −0.0510% | 4h | 0.003617 | 0.000% | $1.2M | $809K | 25x | as long as short |
Aster ZILUSDT
Bitget ZILUSDT