Funding you earn now, next payment 08:00 UTC+0.0844%/8h= +92.4% APRpaid last 24h +0.203%
Price spread now: Bybit against KuCoin−0.627%7-day average −0.536% · you buy dearer than you sell
Net, funding: paid 7d − costs−$215as in the Funding arb table
Net, price: spread back to 7d avg − costs−$319as in the Price arb table
costs, in and out, $10k−$3103.099% of the position
Funding, last 7 days+0.950%+$95 on $10k
+Price spread, last 7 days+0.021%+$2 · spread now −0.627%, 7d avg −0.536%
=Funding pays, the price is against you. Bybit is 0.092% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.627% now, against its 7-day average of −0.536%). If the spread goes back, that is −$9 on $10k: about 9 hours of funding at the current rate (+$25 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ZILUSDTM | 0.003667 | −0.2400 | get 0.1200% / 4h | 2h 04m | $2.4M | $214K | 25x |
| Short | Bybit ZILUSDT | 0.003644 | −0.1556 | pay 0.1556% / 8h | 2h 04m | $2.9M | $3.2M | 25x |
KuCoin ZILUSDTM
Bybit ZILUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against KuCoin. 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
- $177.24
- Price spread: −0.627% → −0.536%
- −$9.16
- Slippage, 4 orders
- −$286.93
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$141.84
- Costs to cover
- 3.099%
- Break-even
- 12.6 days
Slippage from KuCoin: live order book, 2 min ago; Bybit: live order book, 2 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 KuCoin live order book, 2 min ago | 4.09 bp | 77.6 bp −$78 | 543.5 bp −$5,435 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 2.74 bp | 39.4 bp −$39 | 188.0 bp −$1,880 | 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 | −0.3567% | 1h | 0.003653 | −0.386% | $30K | $7K | 10x | as long as short |
| Gate ZIL_USDT | −0.3134% | 4h | 0.003653 | −0.382% | $388K | $342K | 50x | as long as short |
| KuCoin ZILUSDTMlong | −0.2400% | 4h | 0.003667 | long leg | $2.4M | $214K | 25x | |
| Bybit ZILUSDTshort | −0.1556% | 8h | 0.003644 | −0.627% | $2.9M | $3.2M | 25x | |
| Variational Omni ZIL | −0.1251% | 8h | 0.003645 | −0.590% | $16K | $22K | — | as long as short |
| OKX ZIL-USDT-SWAP | −0.1066% | 4h | 0.003645 | −0.600% | $1.0M | $2.6M | 20x | as long as short |
| MEXC ZIL_USDT | −0.0872% | 4h | 0.003637 | −0.818% | $2.4M | $748K | 125x | as long as short |
| Binance ZILUSDT | −0.0868% | 4h | 0.003633 | −0.922% | $4.3M | $10.1M | 25x | as long as short |
| BloFin ZIL-USDT | −0.0848% | 4h | 0.003637 | −0.818% | $251K | $145K | 25x | as long as short |
| Aster ZILUSDT | −0.0807% | 4h | 0.003618 | −1.339% | $148K | $52K | 10x | as long as short |
Kraken Futures PF_ZILUSD
Gate ZIL_USDT
Variational Omni ZIL
OKX ZIL-USDT-SWAP
MEXC ZIL_USDT
Binance ZILUSDT
BloFin ZIL-USDT
Aster ZILUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ZILUSDT | −0.0444% | 4h | 0.003640 | −0.736% | $1.3M | $810K | 25x | as long as short |
| BingX ZIL-USDT | −0.0310% | 4h | 0.003641 | −0.709% | — | $2.5M | — | as long as short |
Bitget ZILUSDT
BingX ZIL-USDT