Funding you earn now, next payment 00:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.09 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against Binance−0.070%7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1211.207% of the position
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 3 days (all we have)+0.399%+$40 · spread now −0.070%, 7d avg +0.023%
=Funding pays, the price is against you. BloFin is 0.092% cheaper against Binance than usual: you would sell low and buy high (spread −0.070% now, against its 7-day average of +0.023%). If the spread goes back, that is −$9 on $10k: about 17 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.007% in total) that is about 3 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZESTUSDT | 0.1486 | 0.0354 | pay 0.0177% / 4h | 1h 09m | $5.7M | $1.6M | 10x |
| Short | BloFin ZEST-USDT | 0.1485 | 0.0372 | get 0.0186% / 4h | 1h 09m | $297K | $15K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- $3.76
- Price spread: −0.070% → +0.023%
- −$9.23
- Slippage, 4 orders
- −$98.69
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$126.16
- Costs to cover
- 1.207%
- Break-even
- 241.6 days
Slippage from Binance: live order book, 14 min ago; BloFin: live order book, 3 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 Binance live order book, 14 min ago | 3.37 bp | 26.1 bp −$26 | 547.5 bp −$5,475 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 4.04 bp | 33.5 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
ZEST on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZESTUSDT | +0.0100% | 4h | 0.1484 | −0.157% | $924K | $396K | 10x | as long as short |
| Gate ZEST_USDT | +0.0100% | 4h | 0.1482 | −0.258% | $790K | $48K | 10x | as long as short |
| KuCoin ZESTUSDTM | +0.0100% | 4h | 0.1484 | −0.171% | $1.5M | $445K | 10x | as long as short |
| Aster ZESTUSDT | +0.0227% | 4h | 0.1485 | −0.101% | $191K | $45K | 5x | as long as short |
| MEXC ZEST_USDT | +0.0348% | 4h | 0.1486 | −0.029% | $9.5M | $103K | 20x | as long as short |
| Binance ZESTUSDTlong | +0.0354% | 4h | 0.1486 | long leg | $5.7M | $1.6M | 10x | |
| BloFin ZEST-USDTshort | +0.0372% | 4h | 0.1485 | −0.070% | $297K | $15K | 10x | |
| BingX ZEST-USDT | +0.0640% | 4h | 0.1486 | −0.016% | — | $736K | — | as long as short |
| Bitget ZESTUSDT | +0.0666% | 4h | 0.1484 | −0.150% | $997K | $210K | 10x | as long as short |
Binance ZESTUSDT
BloFin ZEST-USDT
Bybit ZESTUSDT
Gate ZEST_USDT
KuCoin ZESTUSDTM
Aster ZESTUSDT
MEXC ZEST_USDT
BingX ZEST-USDT
Bitget ZESTUSDT