ZIL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.1517%/8h= −166.1% APRnext payment −$7.59 per $10,000 · paid last 24h −0.142%

Price spread now: KuCoin against Binance+0.740%7-day average +0.663% · you sell dearer than you buy

Net, funding: paid 7d − costs−$373as in the Funding arb table

Net, price: spread back to 7d avg − costs−$261as in the Price arb table

costs, in and out, $10k−$2692.690% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−1.045%−$105 on $10k

Price spread, last 7 days−0.202%−$20 · spread now +0.740%, 7d avg +0.663%

Together, before fees−1.247%−$125 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.077% dearer against Binance than usual: you sell high and buy low (spread +0.740% now, against its 7-day average of +0.663%): +$8 on $10k if it goes back. Holding the pair costs −$46 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 7 days (−1.045% in total) that is about 12 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -1.045% in total (about -54.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.59 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ZILUSDT	0.003671	−0.1027	get 0.0513% / 4h	3h 18m	$4.4M	$10.0M	25x
Short	KuCoin ZILUSDTM	0.003698	−0.2544	pay 0.1272% / 4h	3h 18m	$2.4M	$212K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. 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 BinancebpFee KuCoinbpOrdersPrice spread, now +0.740%Rate

Funding earned: −$318.63
Price spread: +0.740% → +0.663%: $7.71
Slippage, 4 orders: −$246.95
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$579.87
Costs to cover: 2.690%
Break-even: never at this rate

Slippage from Binance: live order book, 7 min ago; KuCoin: 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 Binance live order book, 7 min ago	1.36 bp	18.4 bp −$18	64.5 bp −$645	doesn't fit	doesn't fit
Sell KuCoin live order book, 4 min ago	5.39 bp	162.6 bp −$163	doesn't fit	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	−0.3914%	1h	0.003683	+0.324%	$30K	$8K	10x	as long as short
Gate ZIL_USDT	−0.3706%	4h	0.003681	+0.277%	$395K	$345K	50x	as long as short
KuCoin ZILUSDTMshort	−0.2544%	4h	0.003698	+0.740%	$2.4M	$212K	25x
Bybit ZILUSDT	−0.1926%	8h	0.003677	+0.168%	$2.9M	$3.3M	25x	as long as short
BingX ZIL-USDT	−0.1737%	4h	0.003677	+0.168%	—	$2.5M	—	as long as short
OKX ZIL-USDT-SWAP	−0.1664%	4h	0.003677	+0.168%	$1.0M	$2.6M	20x	as long as short
Variational Omni ZIL	−0.1343%	8h	0.003688	+0.464%	$16K	$22K	—	as long as short
BloFin ZIL-USDT	−0.1053%	4h	0.003687	+0.441%	$260K	$146K	25x	as long as short
Binance ZILUSDTlong	−0.1027%	4h	0.003671	long leg	$4.4M	$10.0M	25x
MEXC ZIL_USDT	−0.1026%	4h	0.003671	+0.005%	$2.4M	$746K	125x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster ZILUSDT	−0.1019%	4h	0.003681	+0.268%	$150K	$57K	10x	as long as short
Bitget ZILUSDT	−0.0748%	4h	0.003675	+0.114%	$1.3M	$823K	25x	as long as short