Funding you earn now, next payment 04:00 UTC−0.0085%/8h= −9.3% APRnext payment −$0.42 per $10,000 · paid last 24h −0.046%
Price spread now: BloFin against BingX−0.127%81s7-day average +0.062% · you buy dearer than you sell
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1361.365% of the position
Funding, last 7 days−0.122%−$12 on $10k
+Price spread, last 3 days (all we have)+0.317%+$32 · spread now −0.127%, 7d avg +0.062%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and BloFin is 0.190% cheaper against BingX than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of +0.062%). Swap the legs. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZEST-USDT | 0.1490 | 0.0690 | pay 0.0345% / 4h | 2h 49m | — | $744K | — |
| Short | BloFin ZEST-USDT | 0.1488 | 0.0605 | get 0.0303% / 4h | 2h 49m | $302K | $16K | 10x |
BingX ZEST-USDT
BloFin ZEST-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- −$17.83
- Price spread: −0.127% → +0.062%
- −$18.96
- Slippage, 4 orders
- −$114.49
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$173.27
- Costs to cover
- 1.365%
- Break-even
- never at this rate
Slippage from BingX: live order book, 24 min ago; BloFin: live order book, 12 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 BingX live order book, 24 min ago | 6.35 bp | 31.1 bp −$31 | 289.4 bp −$2,894 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 12 min ago | 1.67 bp | 37.1 bp −$37 | 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 | 0.1489 | −0.081% | $933K | $442K | 10x | as long as short |
| Gate ZEST_USDT | +0.0100% | 4h | 0.1487 | −0.208% | $793K | $48K | 10x | as long as short |
| KuCoin ZESTUSDTM | +0.0154% | 4h | 0.1490 | −0.034% | $1.5M | $469K | 10x | as long as short |
| Aster ZESTUSDT | +0.0582% | 4h | 0.1489 | −0.110% | $195K | $50K | 5x | as long as short |
| BloFin ZEST-USDTshort | +0.0605% | 4h | 0.1488 | −0.127% | $302K | $16K | 10x | |
| Binance ZESTUSDT | +0.0642% | 4h | 0.1491 | +0.046% | $5.8M | $1.5M | 10x | as long as short |
| MEXC ZEST_USDT | +0.0654% | 4h | 0.1490 | −0.034% | $9.5M | $102K | 20x | as long as short |
| BingX ZEST-USDTlong | +0.0690% | 4h | 0.1490 | long leg | — | $744K | — | |
| Bitget ZESTUSDT | +0.0698% | 4h | 0.1487 | −0.181% | $973K | $229K | 10x | as long as short |
Bybit ZESTUSDT
Gate ZEST_USDT
KuCoin ZESTUSDTM
Aster ZESTUSDT
Binance ZESTUSDT
MEXC ZEST_USDT
Bitget ZESTUSDT