Funding you earn now, next payment 12:00 UTC−0.1206%/8h= −132.0% APRnext payment −$6.03 per $10,000 · paid last 24h −0.243%
Price spread now: KuCoin against BloFin+1.021%7-day average +0.826% · you sell dearer than you buy
Net, funding: paid 7d − costs−$342as in the Funding arb table
Net, price: spread back to 7d avg − costs−$208as in the Price arb table
costs, in and out, $10k−$2282.278% of the position
Funding, last 7 days−1.140%−$114 on $10k
+Price spread, last 4 days (all we have)−0.566%−$57 · spread now +1.021%, 7d avg +0.826%
=The price spread pays, funding is against you. KuCoin is 0.194% dearer against BloFin than usual: you sell high and buy low (spread +1.021% now, against its 7-day average of +0.826%): +$19 on $10k if it goes back. Holding the pair costs −$36 a day in funding at the current rate, which eats that in about 13 hours. At the pace of the last 7 days (−1.140% in total) that is about 29 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ZIL-USDT | 0.003723 | −0.0718 | get 0.0359% / 4h | 2h 57m | $261K | $148K | 25x |
| Short | KuCoin ZILUSDTM | 0.003761 | −0.1924 | pay 0.0962% / 4h | 2h 57m | $2.5M | $189K | 25x |
BloFin ZIL-USDT
KuCoin ZILUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BloFin. 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
- −$253.22
- Price spread: +1.021% → +0.826%
- $19.43
- Slippage, 4 orders
- −$203.77
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$461.56
- Costs to cover
- 2.278%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 4 min ago; KuCoin: live order book, 10 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 BloFin live order book, 4 min ago | 1.34 bp | 15.5 bp −$15 | 48.5 bp −$485 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 9.23 bp | 115.4 bp −$115 | 352.1 bp −$3,521 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ZIL_USDT | −0.3532% | 4h | 0.003753 | +0.806% | $373K | $381K | 50x | as long as short |
| Kraken Futures PF_ZILUSD | −0.3289% | 1h | 0.003751 | +0.742% | $31K | $7K | 10x | as long as short |
| KuCoin ZILUSDTMshort | −0.1924% | 4h | 0.003761 | +1.021% | $2.5M | $189K | 25x | |
| Bybit ZILUSDT | −0.1271% | 8h | 0.003739 | +0.430% | $2.9M | $2.9M | 25x | as long as short |
| OKX ZIL-USDT-SWAP | −0.1005% | 4h | 0.003744 | +0.564% | $1.0M | $2.6M | 20x | as long as short |
| Variational Omni ZIL | −0.0901% | 8h | 0.003744 | +0.559% | $17K | $20K | — | as long as short |
| BloFin ZIL-USDTlong | −0.0718% | 4h | 0.003723 | long leg | $261K | $148K | 25x | |
| Binance ZILUSDT | −0.0696% | 4h | 0.003736 | +0.351% | $4.5M | $9.5M | 25x | as long as short |
| MEXC ZIL_USDT | −0.0694% | 4h | 0.003736 | +0.349% | $2.3M | $631K | 125x | as long as short |
| Aster ZILUSDT | −0.0515% | 4h | 0.003743 | +0.542% | $153K | $45K | 10x | as long as short |
Gate ZIL_USDT
Kraken Futures PF_ZILUSD
Bybit ZILUSDT
OKX ZIL-USDT-SWAP
Variational Omni ZIL
Binance ZILUSDT
MEXC ZIL_USDT
Aster ZILUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ZILUSDT | −0.0440% | 4h | 0.003741 | +0.483% | $1.3M | $782K | 25x | as long as short |
| BingX ZIL-USDT | −0.0242% | 4h | 0.003737 | +0.376% | — | $2.5M | — | as long as short |
Bitget ZILUSDT
BingX ZIL-USDT