Funding you earn now, next payment 08:00 UTC−0.0858%/8h= −93.9% APRpaid last 24h −0.203%
Price spread now: KuCoin against Bybit+0.614%7-day average +0.537% · you sell dearer than you buy
Net, funding: paid 7d − costs−$394as in the Funding arb table
Net, price: spread back to 7d avg − costs−$291as in the Price arb table
costs, in and out, $10k−$2992.988% of the position
Funding, last 7 days−0.950%−$95 on $10k
+Price spread, last 7 days−0.046%−$5 · spread now +0.614%, 7d avg +0.537%
=The price spread pays, funding is against you. KuCoin is 0.077% dearer against Bybit than usual: you sell high and buy low (spread +0.614% now, against its 7-day average of +0.537%): +$8 on $10k if it goes back. Holding the pair costs −$26 a day in funding at the current rate, which eats that in about 7 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ZILUSDT | 0.003745 | −0.1212 | get 0.1212% / 8h | 4m 56s | $2.9M | $3.1M | 25x |
| Short | KuCoin ZILUSDTM | 0.003768 | −0.2070 | pay 0.1035% / 4h | 4m 56s | $2.5M | $213K | 25x |
Bybit ZILUSDT
KuCoin ZILUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$180.16
- Price spread: +0.614% → +0.537%
- $7.75
- Slippage, 4 orders
- −$275.75
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$471.16
- Costs to cover
- 2.988%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; KuCoin: 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 Bybit live order book, 2 min ago | 2.68 bp | 41.3 bp −$41 | 599.3 bp −$5,993 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 6.63 bp | 149.3 bp −$149 | 507.2 bp −$5,072 | 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 | −0.3521% | 1h | 0.003750 | +0.121% | $30K | $7K | 10x | as long as short |
| KuCoin ZILUSDTMshort | −0.2070% | 4h | 0.003768 | +0.614% | $2.5M | $213K | 25x | |
| Gate ZIL_USDT | −0.1368% | 4h | 0.003755 | +0.267% | $414K | $392K | 50x | as long as short |
| Bybit ZILUSDTlong | −0.1212% | 8h | 0.003745 | long leg | $2.9M | $3.1M | 25x | |
| Variational Omni ZIL | −0.0973% | 8h | 0.003745 | +0.013% | $17K | $20K | — | as long as short |
| MEXC ZIL_USDT | −0.0734% | 4h | 0.003731 | −0.374% | $2.3M | $723K | 125x | as long as short |
| Binance ZILUSDT | −0.0731% | 4h | 0.003731 | −0.374% | $4.5M | $9.9M | 25x | as long as short |
| BloFin ZIL-USDT | −0.0699% | 4h | 0.003734 | −0.294% | $262K | $148K | 25x | as long as short |
| OKX ZIL-USDT-SWAP | −0.0691% | 4h | 0.003740 | −0.134% | $1.0M | $2.7M | 20x | as long as short |
| Aster ZILUSDT | −0.0619% | 4h | 0.003727 | −0.480% | $152K | $47K | 10x | as long as short |
Kraken Futures PF_ZILUSD
Gate ZIL_USDT
Variational Omni ZIL
MEXC ZIL_USDT
Binance ZILUSDT
BloFin ZIL-USDT
OKX ZIL-USDT-SWAP
Aster ZILUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ZILUSDT | −0.0284% | 4h | 0.003744 | −0.027% | $1.3M | $812K | 25x | as long as short |
| BingX ZIL-USDT | −0.0212% | 4h | 0.003741 | −0.107% | — | $2.5M | — | as long as short |
Bitget ZILUSDT
BingX ZIL-USDT