Funding you earn now, next payment 20:00 UTC+0.0075%/8hpaid last 24h −0.164%
Price spread now: Binance against Bybit−0.313%7-day average −0.111% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$630.634% of the position
Funding, last 7 days−0.070%−$7 on $10k
+Price spread, last 7 days+0.464%+$46 · spread now −0.313%, 7d avg −0.111%
=Funding pays, the price is against you. Binance is 0.202% cheaper against Bybit than usual: you would sell low and buy high (spread −0.313% now, against its 7-day average of −0.111%). If the spread goes back, that is −$20 on $10k: about 8.9 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.070%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ZILUSDT | 0.003633 | −0.0399 | get 0.0399% / 8h | 4h 05m | $3.0M | $4.3M | 25x |
| Short | Binance ZILUSDT | 0.003622 | −0.0324 | pay 0.0162% / 4h | 5m 12s | $4.5M | $11.7M | 25x |
Bybit ZILUSDT
Binance ZILUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- $15.8
- Price spread: −0.313% → −0.111%
- −$20.15
- Slippage, 4 orders
- −$42.41
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$67.77
- Costs to cover
- 0.634%
- Break-even
- 37.0 days
Slippage from Bybit: live order book, 2 min ago; Binance: live order book, 9 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 Bybit live order book, 2 min ago | 1.38 bp | 6.9 bp −$7 | 192.3 bp −$1,923 | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 1.38 bp | 18.0 bp −$18 | 71.6 bp −$716 | 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 | −0.2963% | 1h | 0.003644 | +0.292% | $30K | $8K | 10x | as long as short |
| KuCoin ZILUSDTM | −0.2412% | 4h | 0.003654 | +0.578% | $2.4M | $190K | 25x | as long as short |
| Bitget ZILUSDT | −0.0928% | 4h | 0.003627 | −0.165% | $1.2M | $876K | 25x | as long as short |
| BingX ZIL-USDT | −0.0906% | 4h | 0.003630 | −0.083% | — | $2.5M | — | as long as short |
| OKX ZIL-USDT-SWAP | −0.0694% | 4h | 0.003632 | −0.028% | $1.1M | $3.0M | 20x | as long as short |
| Gate ZIL_USDT | −0.0474% | 4h | 0.003634 | +0.028% | $415K | $333K | 50x | as long as short |
| Aster ZILUSDT | −0.0433% | 4h | 0.003622 | −0.316% | $145K | $42K | 10x | as long as short |
| Bybit ZILUSDTlong | −0.0399% | 8h | 0.003633 | long leg | $3.0M | $4.3M | 25x | |
| BloFin ZIL-USDT | −0.0345% | 4h | 0.003619 | −0.385% | $264K | $158K | 25x | as long as short |
| Binance ZILUSDTshort | −0.0324% | 4h | 0.003622 | −0.313% | $4.5M | $11.7M | 25x |
Kraken Futures PF_ZILUSD
KuCoin ZILUSDTM
Bitget ZILUSDT
BingX ZIL-USDT
OKX ZIL-USDT-SWAP
Gate ZIL_USDT
Aster ZILUSDT
BloFin ZIL-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ZIL_USDT | −0.0324% | 4h | 0.003622 | −0.303% | $2.5M | $983K | 125x | as long as short |
| Variational Omni ZIL | −0.0183% | 8h | 0.003627 | −0.152% | $16K | $28K | — | as long as short |
MEXC ZIL_USDT
Variational Omni ZIL