Funding you earn now, next payment 04:00 UTC+0.0257%/8h= +28.1% APRnext payment +$1.28 per $10,000 · paid last 24h +0.108%
Price spread now: MEXC against OKX−0.301%7-day average −0.403% · you buy dearer than you sell
Net, funding: paid 7d − costs+$140as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$740.736% of the position
Funding, last 7 days+2.138%+$214 on $10k
+Price spread, last 7 days−1.232%−$123 · spread now −0.301%, 7d avg −0.403%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and MEXC is 0.101% dearer against OKX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.403%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ZIL-USDT-SWAP | 0.003650 | −0.0947 | get 0.0473% / 4h | 3h 37m | $1.0M | $2.8M | 20x |
| Short | MEXC ZIL_USDT | 0.003639 | −0.0690 | pay 0.0345% / 4h | 3h 37m | $2.4M | $860K | 125x |
OKX ZIL-USDT-SWAP
MEXC ZIL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $53.96
- Price spread: −0.301% → −0.403%
- $10.13
- Slippage, 4 orders
- −$59.6
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$9.51
- Costs to cover
- 0.736%
- Break-even
- 8.2 days
Slippage from OKX: live order book, 4 min ago; MEXC: live order book, 4 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, 4 min ago | 1.37 bp | 23.3 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 1.37 bp | 11.1 bp −$11 | 45.4 bp −$454 | 240.6 bp −$24.1K | 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 | −0.3475% | 1h | 0.003659 | +0.240% | $30K | $8K | 10x | as long as short |
| Gate ZIL_USDT | −0.2970% | 4h | 0.003655 | +0.137% | $415K | $324K | 50x | as long as short |
| KuCoin ZILUSDTM | −0.1862% | 4h | 0.003671 | +0.575% | $2.4M | $223K | 25x | as long as short |
| Bybit ZILUSDT | −0.1246% | 8h | 0.003647 | −0.082% | $2.9M | $4.0M | 25x | as long as short |
| BingX ZIL-USDT | −0.1138% | 4h | 0.003649 | −0.027% | — | $2.5M | — | as long as short |
| OKX ZIL-USDT-SWAPlong | −0.0947% | 4h | 0.003650 | long leg | $1.0M | $2.8M | 20x | |
| Aster ZILUSDT | −0.0842% | 4h | 0.003639 | −0.294% | $147K | $50K | 10x | as long as short |
| Bitget ZILUSDT | −0.0836% | 4h | 0.003653 | +0.082% | $1.3M | $887K | 25x | as long as short |
| Binance ZILUSDT | −0.0697% | 4h | 0.003639 | −0.295% | $4.5M | $10.9M | 25x | as long as short |
| BloFin ZIL-USDT | −0.0693% | 4h | 0.003641 | −0.247% | $257K | $157K | 25x | as long as short |
Kraken Futures PF_ZILUSD
Gate ZIL_USDT
KuCoin ZILUSDTM
Bybit ZILUSDT
BingX ZIL-USDT
Aster ZILUSDT
Bitget ZILUSDT
Binance ZILUSDT
BloFin ZIL-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ZIL_USDTshort | −0.0690% | 4h | 0.003639 | −0.301% | $2.4M | $860K | 125x | |
| Variational Omni ZIL | −0.0503% | 8h | 0.003649 | −0.029% | $16K | $26K | — | as long as short |
Variational Omni ZIL