Funding you earn now, next payment 04:00 UTC−0.0538%/8h= −58.9% APRnext payment −$2.69 per $10,000 · paid last 24h −0.158%
Price spread now: Bybit against BingX−0.127%7-day average −0.089% · you buy dearer than you sell
Net, funding: paid 7d − costs−$434as in the Funding arb table
Net, price: spread back to 7d avg − costs−$380as in the Price arb table
costs, in and out, $10k−$3773.767% of the position
Funding, last 7 days−0.571%−$57 on $10k
+Price spread, last 4 days (all we have)+0.396%+$40 · spread now −0.127%, 7d avg −0.089%
=Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Bybit is 0.037% cheaper against BingX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.089%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZEST-USDT | 0.1499 | 0.0638 | pay 0.0319% / 4h | 1h 17m | — | $746K | — |
| Short | Bybit ZESTUSDT | 0.1497 | 0.0100 | get 0.0050% / 4h | 1h 17m | $940K | $484K | 10x |
BingX ZEST-USDT
Bybit ZESTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$112.98
- Price spread: −0.127% → −0.089%
- −$3.74
- Slippage, 4 orders
- −$355.67
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$493.39
- Costs to cover
- 3.767%
- Break-even
- never at this rate
Slippage from BingX: live order book, 42 min ago; Bybit: live order book, 43 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, 42 min ago | 6.02 bp | 57.9 bp −$58 | 412.3 bp −$4,123 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 43 min ago | 6.69 bp | 150.5 bp −$151 | 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 ZESTUSDTshort | +0.0100% | 4h | 0.1497 | −0.127% | $940K | $484K | 10x | |
| Gate ZEST_USDT | +0.0100% | 4h | 0.1495 | −0.267% | $803K | $57K | 10x | as long as short |
| KuCoin ZESTUSDTM | +0.0100% | 4h | 0.1498 | −0.047% | $1.5M | $492K | 10x | as long as short |
| Aster ZESTUSDT | +0.0248% | 4h | 0.1497 | −0.132% | $195K | $50K | 5x | as long as short |
| BloFin ZEST-USDT | +0.0294% | 4h | 0.1497 | −0.140% | $304K | $17K | 10x | as long as short |
| MEXC ZEST_USDT | +0.0324% | 4h | 0.1499 | −0.013% | $9.6M | $105K | 20x | as long as short |
| Binance ZESTUSDT | +0.0325% | 4h | 0.1500 | +0.055% | $5.8M | $1.6M | 10x | as long as short |
| BingX ZEST-USDTlong | +0.0638% | 4h | 0.1499 | long leg | — | $746K | — | |
| Bitget ZESTUSDT | +0.0676% | 4h | 0.1497 | −0.127% | $976K | $242K | 10x | as long as short |
Gate ZEST_USDT
KuCoin ZESTUSDTM
Aster ZESTUSDT
BloFin ZEST-USDT
MEXC ZEST_USDT
Binance ZESTUSDT
Bitget ZESTUSDT