Funding you earn now, next payment 12:00 UTC−0.1216%/8h= −133.2% APRnext payment −$6.08 per $10,000 · paid last 24h −0.249%
Price spread now: KuCoin against MEXC+0.749%7-day average +0.666% · you sell dearer than you buy
Net, funding: paid 7d − costs−$320as in the Funding arb table
Net, price: spread back to 7d avg − costs−$197as in the Price arb table
costs, in and out, $10k−$2062.055% of the position
Funding, last 7 days−1.146%−$115 on $10k
+Price spread, last 7 days−0.361%−$36 · spread now +0.749%, 7d avg +0.666%
=The price spread pays, funding is against you. KuCoin is 0.084% dearer against MEXC than usual: you sell high and buy low (spread +0.749% now, against its 7-day average of +0.666%): +$8 on $10k if it goes back. Holding the pair costs −$36 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−1.146% in total) that is about 12 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZIL_USDT | 0.003736 | −0.0724 | get 0.0362% / 4h | 2h 15m | $2.2M | $647K | 125x |
| Short | KuCoin ZILUSDTM | 0.003764 | −0.1940 | pay 0.0970% / 4h | 2h 15m | $2.5M | $187K | 25x |
MEXC ZIL_USDT
KuCoin ZILUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against MEXC. 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
- −$255.36
- Price spread: +0.749% → +0.666%
- $8.39
- Slippage, 4 orders
- −$189.52
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$452.48
- Costs to cover
- 2.055%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 min ago; KuCoin: live order book, 5 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 MEXC live order book, 5 min ago | 1.34 bp | 6.8 bp −$7 | 53.7 bp −$537 | 254.9 bp −$25.5K | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 9.31 bp | 121.8 bp −$122 | 325.0 bp −$3,250 | doesn't fit | doesn't fit |
ZIL on 12 exchanges
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 | −0.3742% | 4h | 0.003749 | +0.348% | $369K | $401K | 50x | as long as short |
| Kraken Futures PF_ZILUSD | −0.3290% | 1h | 0.003750 | +0.367% | $30K | $7K | 10x | as long as short |
| KuCoin ZILUSDTMshort | −0.1940% | 4h | 0.003764 | +0.749% | $2.5M | $187K | 25x | |
| Bybit ZILUSDT | −0.1462% | 8h | 0.003741 | +0.134% | $2.9M | $2.2M | 25x | as long as short |
| OKX ZIL-USDT-SWAP | −0.1199% | 4h | 0.003743 | +0.187% | $1.0M | $2.3M | 20x | as long as short |
| Variational Omni ZIL | −0.0970% | 8h | 0.003739 | +0.086% | $17K | $20K | — | as long as short |
| Binance ZILUSDT | −0.0728% | 4h | 0.003734 | −0.050% | $4.5M | $8.9M | 25x | as long as short |
| MEXC ZIL_USDTlong | −0.0724% | 4h | 0.003736 | long leg | $2.2M | $647K | 125x | |
| BloFin ZIL-USDT | −0.0699% | 4h | 0.003734 | −0.054% | $264K | $147K | 25x | as long as short |
| Bitget ZILUSDT | −0.0578% | 4h | 0.003738 | +0.054% | $1.3M | $775K | 25x | as long as short |
Gate ZIL_USDT
Kraken Futures PF_ZILUSD
Bybit ZILUSDT
OKX ZIL-USDT-SWAP
Variational Omni ZIL
Binance ZILUSDT
BloFin ZIL-USDT
Bitget ZILUSDTShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ZILUSDT | −0.0550% | 4h | 0.003731 | −0.135% | $152K | $45K | 10x | as long as short |
| BingX ZIL-USDT | −0.0254% | 4h | 0.003738 | +0.054% | — | $2.5M | — | as long as short |
Aster ZILUSDT
BingX ZIL-USDT