ZIL funding rates and arbitrage

ZIL perpetuals trade on 11 contracts across 11 venues, forming 55 cross-venue arbitrage pairs. By net APR the current best pair is long OKX against short Aster, netting +117.83%, with both legs settling on the same cadence。

ZIL perpetual funding rates by venue

APR = current rate × (24 ÷ settlement interval) × 365. Venues settle on different cadences, so rates must be annualised before comparing.

VenueContractMarginSettlementCurrent rateAPR24h avg APR24h volumeMark
BinanceZILUSDTUSDT4h0.0004%+0.85%-31.11%$7.1M0.002210
BingXZIL-USDTUSDT4h0.0050%+10.95%-28.65%$2.3M0.002216
OKXZIL-USDT-SWAPUSDT4h-0.0488%-106.88%-124.46%$1.6M0.002220
BybitZILUSDTUSDT8h-0.0473%-51.84%-58.59%$1.4M0.002217
LBankZILUSDTUSDT4h0.0014%+3.07%-31.33%$1.2M0.002212
BitgetZILUSDTUSDT4h0.0048%+10.51%-23.78%$469K0.002217
MEXCZIL_USDTUSDT4h0.0008%+1.75%-31.14%$418K0.002212
GateZIL_USDTUSDT4h-0.0074%-16.21%-85.22%$279K0.002221
KuCoinZILUSDTMUSDT4h-0.0016%-3.50%-78.02%$241K0.002238
WhiteBITZIL_PERPUSDT4h0.0050%+10.95%+10.61%$25K0.002216
AsterZILUSDTUSDT4h0.0050%+10.95%+6.92%$1K0.002216

ZIL cross-venue arbitrage pairs

Short the higher-APR leg and go long the lower one; net APR = short leg − long leg.

LongShortNet APRDaily24h avgSettlementLiquidity
OKX USDTAster USDT+117.83%0.3228%+131.38%4h matched$1K
OKX USDTBingX USDT+117.83%0.3228%+95.81%4h matched$1.6M
OKX USDTWhiteBIT USDT+117.83%0.3228%+135.07%4h matched$25K
OKX USDTBitget USDT+117.39%0.3216%+100.69%4h matched$469K
OKX USDTLBank USDT+109.95%0.3012%+93.13%4h matched$1.2M
OKX USDTMEXC USDT+108.63%0.2976%+93.32%4h matched$418K
OKX USDTBinance USDT+107.74%0.2952%+93.36%4h matched$1.6M
OKX USDTKuCoin USDT+103.38%0.2832%+46.44%4h matched$241K
OKX USDTGate USDT+90.68%0.2484%+39.24%4h matched$279K
Bybit USDTAster USDT+62.79%0.1720%+65.51%8h / 4h$1K
Bybit USDTBingX USDT+62.79%0.1720%+29.94%8h / 4h$1.4M
Bybit USDTWhiteBIT USDT+62.79%0.1720%+69.21%8h / 4h$25K

Zilliqa project profile

Key facts
Total
20.62B
Max supply
21.00B
Type
Token
Algorithm
Ethash
Launched
2019-01-31
Market cap rank
#481
Smart Contract PlatformBNB Chain EcosystemGMCI Layer 1 IndexGMCI IndexMade in China
Contract addresses
binance0xb86abcb37c3a4b64f74f59301aff131a1becc787
About

Zilliqa (ZIL) is a token developed in the year 2017. Zilliqa is mainly based on the concept of Sharding and primarily aims at improving the scalability of the cryptocurrency networks as in case of Bitcoin or Ethereum. The white paper mentions that the transactions speed would be approximately a thousand times more than that of Ethereum network. Ziliqa is fast, secured and decentralized. Zilliqa’s high throughput means that you can focus on developing your ideas without worrying about network congestion, high transaction fees or security which are the key issues with legacy blockchain platforms. Zilliqa network uses a concept called Sharding where the transactions are grouped into smaller groups and divided among the miners for the parallel transactional verification. Developing smaller groups for transactional verification means the Consensus can be reached faster and hence a higher number of transactions can be processed in a given time frame. The capacity of the network linearly increases in other cryptocurrencies as the number of people joins the network, but in this case, the capacity is increased at a higher variable rate than the number of members joining the network. By inco

Reference data from CoinGecko, independent of the rate data on this site. We do not verify or endorse what these links contain.

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