Funding you earn now, next payment 00:00 UTC+0.0404%/8h= +44.2% APRpaid last 24h +0.175%
Price spread now: Bybit against OKX−0.055%7-day average −0.309% · you buy dearer than you sell
Net, funding: paid 7d − costs+$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$1271.275% of the position
Funding, last 7 days+2.461%+$246 on $10k
+Price spread, last 7 days−1.407%−$141 · spread now −0.055%, 7d avg −0.309%
=Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Bybit is 0.254% dearer against OKX than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of −0.309%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ZIL-USDT-SWAP | 0.003624 | −0.0917 | get 0.0458% / 4h | 55m 08s | $1.0M | $2.8M | 20x |
| Short | Bybit ZILUSDT | 0.003622 | −0.0513 | pay 0.0513% / 8h | 55m 08s | $2.9M | $4.0M | 25x |
OKX ZIL-USDT-SWAP
Bybit ZILUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $84.81
- Price spread: −0.055% → −0.309%
- $25.43
- Slippage, 4 orders
- −$106.46
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$17.23
- Costs to cover
- 1.275%
- Break-even
- 8.4 days
Slippage from OKX: live order book, 2 min ago; Bybit: live order book, 2 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, 2 min ago | 1.38 bp | 24.0 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 2.77 bp | 38.0 bp −$38 | 107.2 bp −$1,072 | 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 | −0.3229% | 1h | 0.003634 | +0.272% | $30K | $8K | 10x | as long as short |
| KuCoin ZILUSDTM | −0.1916% | 4h | 0.003644 | +0.552% | $2.4M | $215K | 25x | as long as short |
| Gate ZIL_USDT | −0.1458% | 4h | 0.003627 | +0.083% | $412K | $324K | 50x | as long as short |
| OKX ZIL-USDT-SWAPlong | −0.0917% | 4h | 0.003624 | long leg | $1.0M | $2.8M | 20x | |
| BingX ZIL-USDT | −0.0884% | 4h | 0.003620 | −0.110% | — | $2.5M | — | as long as short |
| Bitget ZILUSDT | −0.0722% | 4h | 0.003622 | −0.055% | $1.2M | $832K | 25x | as long as short |
| Aster ZILUSDT | −0.0669% | 4h | 0.003618 | −0.166% | $146K | $50K | 10x | as long as short |
| BloFin ZIL-USDT | −0.0604% | 4h | 0.003615 | −0.248% | $256K | $160K | 25x | as long as short |
| Binance ZILUSDT | −0.0557% | 4h | 0.003617 | −0.190% | $4.4M | $11.1M | 25x | as long as short |
| MEXC ZIL_USDT | −0.0554% | 4h | 0.003617 | −0.193% | $2.5M | $873K | 125x | as long as short |
Kraken Futures PF_ZILUSD
KuCoin ZILUSDTM
Gate ZIL_USDT
BingX ZIL-USDT
Bitget ZILUSDT
Aster ZILUSDT
BloFin ZIL-USDT
Binance ZILUSDT
MEXC ZIL_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZILUSDTshort | −0.0513% | 8h | 0.003622 | −0.055% | $2.9M | $4.0M | 25x | |
| Variational Omni ZIL | −0.0434% | 8h | 0.003619 | −0.151% | $16K | $26K | — | as long as short |
Variational Omni ZIL