Funding you earn now, next payment 00:00 UTC−0.0984%/8h= −107.7% APRnext payment −$4.92 per $10,000 · paid last 24h +0.202%
Price spread now: KuCoin against BingX+0.663%7-day average +0.562% · you sell dearer than you buy
Net, funding: paid 7d − costs−$311as in the Funding arb table
Net, price: spread back to 7d avg − costs−$218as in the Price arb table
costs, in and out, $10k−$2282.279% of the position
Funding, last 7 days−0.831%−$83 on $10k
+Price spread, last 7 days−0.380%−$38 · spread now +0.663%, 7d avg +0.562%
=The price spread pays, funding is against you. KuCoin is 0.101% dearer against BingX than usual: you sell high and buy low (spread +0.663% now, against its 7-day average of +0.562%): +$10 on $10k if it goes back. Holding the pair costs −$30 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 7 days (−0.831% in total) that is about 20 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZIL-USDT | 0.003620 | −0.0882 | get 0.0441% / 4h | 41m 07s | — | $2.5M | — |
| Short | KuCoin ZILUSDTM | 0.003644 | −0.1866 | pay 0.0933% / 4h | 41m 07s | $2.4M | $216K | 25x |
BingX ZIL-USDT
KuCoin ZILUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BingX. 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
- −$206.64
- Price spread: +0.663% → +0.562%
- $10.13
- Slippage, 4 orders
- −$205.86
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$424.37
- Costs to cover
- 2.279%
- Break-even
- never at this rate
Slippage from BingX: live order book, 8 min ago; KuCoin: live order book, 6 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 BingX live order book, 8 min ago | 4.14 bp | 20.0 bp −$20 | 46.6 bp −$466 | 362.2 bp −$36.2K | 444.3 bp −$222.1K |
| Sell KuCoin live order book, 6 min ago | 5.49 bp | 105.0 bp −$105 | 513.3 bp −$5,133 | 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 | −0.3226% | 1h | 0.003637 | +0.464% | $30K | $8K | 10x | as long as short |
| KuCoin ZILUSDTMshort | −0.1866% | 4h | 0.003644 | +0.663% | $2.4M | $216K | 25x | |
| Gate ZIL_USDT | −0.1192% | 4h | 0.003626 | +0.166% | $411K | $325K | 50x | as long as short |
| OKX ZIL-USDT-SWAP | −0.0940% | 4h | 0.003622 | +0.055% | $1.0M | $2.8M | 20x | as long as short |
| BingX ZIL-USDTlong | −0.0882% | 4h | 0.003620 | long leg | — | $2.5M | — | |
| Bitget ZILUSDT | −0.0772% | 4h | 0.003630 | +0.276% | $1.2M | $831K | 25x | as long as short |
| Aster ZILUSDT | −0.0663% | 4h | 0.003617 | −0.072% | $146K | $50K | 10x | as long as short |
| BloFin ZIL-USDT | −0.0582% | 4h | 0.003617 | −0.083% | $256K | $159K | 25x | as long as short |
| Binance ZILUSDT | −0.0560% | 4h | 0.003616 | −0.110% | $4.4M | $11.1M | 25x | as long as short |
| MEXC ZIL_USDT | −0.0558% | 4h | 0.003616 | −0.110% | $2.4M | $876K | 125x | as long as short |
Kraken Futures PF_ZILUSD
Gate ZIL_USDT
OKX ZIL-USDT-SWAP
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 ZILUSDT | −0.0496% | 8h | 0.003624 | +0.110% | $2.9M | $4.0M | 25x | as long as short |
| Variational Omni ZIL | −0.0440% | 8h | 0.003623 | +0.084% | $16K | $26K | — | as long as short |
Bybit ZILUSDT
Variational Omni ZIL