Funding you earn now, next payment 00:00 UTC−0.0084%/8h= −9.2% APRpaid last 24h −0.089%
Price spread now: BloFin against Bybit−0.248%92s7-day average −0.245% · you buy dearer than you sell
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1041.040% of the position
Funding, last 7 days−0.063%−$6 on $10k
+Price spread, last 3 days (all we have)+0.095%+$10 · spread now −0.248%, 7d avg −0.245%
=The price spread sits at its 7-day average of −0.245%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. The two prices were read 92 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ZILUSDT | 0.003625 | −0.0505 | get 0.0505% / 8h | 45m 40s | $2.9M | $4.0M | 25x |
| Short | BloFin ZIL-USDT | 0.003616 | −0.0589 | pay 0.0294% / 4h | 45m 40s | $255K | $160K | 25x |
Bybit ZILUSDT
BloFin ZIL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$17.57
- Price spread: −0.248% → −0.245%
- −$0.37
- Slippage, 4 orders
- −$81.05
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$121.99
- Costs to cover
- 1.040%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; BloFin: live order book, 25 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 | 34.2 bp −$34 | 115.8 bp −$1,158 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 25 min ago | 2.77 bp | 20.5 bp −$20 | 44.9 bp −$449 | 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 | −0.3225% | 1h | 0.003638 | +0.354% | $30K | $8K | 10x | as long as short |
| KuCoin ZILUSDTM | −0.1866% | 4h | 0.003643 | +0.497% | $2.4M | $216K | 25x | as long as short |
| Gate ZIL_USDT | −0.1262% | 4h | 0.003628 | +0.083% | $411K | $324K | 50x | as long as short |
| OKX ZIL-USDT-SWAP | −0.0923% | 4h | 0.003623 | −0.055% | $1.0M | $2.8M | 20x | as long as short |
| BingX ZIL-USDT | −0.0882% | 4h | 0.003623 | −0.055% | — | $2.5M | — | as long as short |
| Bitget ZILUSDT | −0.0754% | 4h | 0.003623 | −0.055% | $1.2M | $833K | 25x | as long as short |
| Aster ZILUSDT | −0.0650% | 4h | 0.003622 | −0.087% | $146K | $50K | 10x | as long as short |
| BloFin ZIL-USDTshort | −0.0589% | 4h | 0.003616 | −0.248% | $255K | $160K | 25x | |
| Binance ZILUSDT | −0.0559% | 4h | 0.003619 | −0.162% | $4.4M | $11.1M | 25x | as long as short |
| MEXC ZIL_USDT | −0.0558% | 4h | 0.003620 | −0.138% | $2.5M | $874K | 125x | as long as short |
Kraken Futures PF_ZILUSD
KuCoin ZILUSDTM
Gate ZIL_USDT
OKX ZIL-USDT-SWAP
BingX ZIL-USDT
Bitget ZILUSDT
Aster ZILUSDT
Binance ZILUSDT
MEXC ZIL_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZILUSDTlong | −0.0505% | 8h | 0.003625 | long leg | $2.9M | $4.0M | 25x | |
| Variational Omni ZIL | −0.0438% | 8h | 0.003622 | −0.081% | $16K | $26K | — | as long as short |
Variational Omni ZIL