Funding you earn now, next payment 00:00 UTC−0.0336%/8h= −36.7% APRnext payment −$1.68 per $10,000 · paid last 24h −0.148%
Price spread now: Gate against Binance−0.291%7-day average −0.225% · you buy dearer than you sell
Net, funding: paid 7d − costs−$4,870as in the Funding arb table
Net, price: spread back to 7d avg − costs−$4,805as in the Price arb table
costs, in and out, $10k−$4,79847.985% of the position
Funding, last 7 days−0.717%−$72 on $10k
+Price spread, last 4 days (all we have)−0.155%−$15 · spread now −0.291%, 7d avg −0.225%
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Gate is 0.066% cheaper against Binance than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.225%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZESTUSDT | 0.1486 | 0.0436 | pay 0.0218% / 4h | 2h 55m | $5.7M | $1.6M | 10x |
| Short | Gate ZEST_USDT | 0.1482 | 0.0100 | get 0.0050% / 4h | 2h 55m | $792K | $46K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$70.47
- Price spread: −0.291% → −0.225%
- −$6.59
- Slippage, 4 orders
- −$4,773.46
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$4,875.52
- Costs to cover
- 47.985%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 min ago; Gate: live order book, 30 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, 13 min ago | 4.36 bp | 48.4 bp −$48 | 588.9 bp −$5,889 | doesn't fit | doesn't fit |
| Sell Gate live order book, 30 min ago | 41.55 bp | 2056.4 bp −$2,056 | 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 | 0.1486 | −0.029% | $926K | $400K | 10x | as long as short |
| Gate ZEST_USDTshort | +0.0100% | 4h | 0.1482 | −0.291% | $792K | $46K | 10x | |
| KuCoin ZESTUSDTM | +0.0100% | 4h | 0.1487 | +0.005% | $1.5M | $464K | 10x | as long as short |
| Aster ZESTUSDT | +0.0247% | 4h | 0.1488 | +0.128% | $192K | $45K | 5x | as long as short |
| BloFin ZEST-USDT | +0.0388% | 4h | 0.1489 | +0.139% | $298K | $15K | 10x | as long as short |
| MEXC ZEST_USDT | +0.0428% | 4h | 0.1489 | +0.166% | $9.5M | $88K | 20x | as long as short |
| Binance ZESTUSDTlong | +0.0436% | 4h | 0.1486 | long leg | $5.7M | $1.6M | 10x | |
| BingX ZEST-USDT | +0.0894% | 4h | 0.1486 | −0.002% | — | $728K | — | as long as short |
| Bitget ZESTUSDT | +0.0962% | 4h | 0.1487 | +0.025% | $1.0M | $213K | 10x | as long as short |
Binance ZESTUSDT
Gate ZEST_USDT
Bybit ZESTUSDT
KuCoin ZESTUSDTM
Aster ZESTUSDT
BloFin ZEST-USDT
MEXC ZEST_USDT
BingX ZEST-USDT
Bitget ZESTUSDT