Funding you earn now, next payment 00:00 UTC−0.0822%/8h= −90.0% APRnext payment −$4.11 per $10,000 · paid last 24h −0.059%
Price spread now: KuCoin against Bitget+0.054%7-day average −0.081% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,856as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,839as in the Price arb table
costs, in and out, $10k−$1,85318.525% of the position
Funding, last 7 days−0.032%−$3 on $10k
+Price spread, last 4 days (all we have)−0.114%−$11 · spread now +0.054%, 7d avg −0.081%
=The price spread pays, funding is against you. KuCoin is 0.135% dearer against Bitget than usual: you sell high and buy low (spread +0.054% now, against its 7-day average of −0.081%): +$13 on $10k if it goes back. Holding the pair costs −$25 a day in funding at the current rate, which eats that in about 13 hours. At the pace of the last 7 days (−0.032% in total) that is about 29 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.032% in total (about -1.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.11 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ZESTUSDT | 0.1487 | 0.0922 | pay 0.0461% / 4h | 2h 29m | $1.0M | $213K | 10x |
| Short | KuCoin ZESTUSDTM | 0.1488 | 0.0100 | get 0.0050% / 4h | 2h 29m | $1.5M | $462K | 10x |
Bitget ZESTUSDT
KuCoin ZESTUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bitget. 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
- −$172.62
- Price spread: +0.054% → −0.081%
- $13.49
- Slippage, 4 orders
- −$1,828.53
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$2,011.67
- Costs to cover
- 18.525%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 27 min ago; KuCoin: live order book, 2 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 Bitget live order book, 27 min ago | 6.72 bp | 39.3 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 17.13 bp | 929.5 bp −$930 | 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 | −0.087% | $926K | $390K | 10x | as long as short |
| Gate ZEST_USDT | +0.0100% | 4h | 0.1485 | −0.141% | $794K | $47K | 10x | as long as short |
| KuCoin ZESTUSDTMshort | +0.0100% | 4h | 0.1488 | +0.054% | $1.5M | $462K | 10x | |
| Aster ZESTUSDT | +0.0244% | 4h | 0.1487 | −0.034% | $191K | $44K | 5x | as long as short |
| MEXC ZEST_USDT | +0.0464% | 4h | 0.1489 | +0.101% | $9.5M | $89K | 20x | as long as short |
| Binance ZESTUSDT | +0.0469% | 4h | 0.1489 | +0.128% | $5.8M | $1.6M | 10x | as long as short |
| BloFin ZEST-USDT | +0.0491% | 4h | 0.1489 | +0.087% | $298K | $15K | 10x | as long as short |
| BingX ZEST-USDT | +0.0868% | 4h | 0.1488 | +0.054% | — | $731K | — | as long as short |
| Bitget ZESTUSDTlong | +0.0922% | 4h | 0.1487 | long leg | $1.0M | $213K | 10x |
Bybit ZESTUSDT
Gate ZEST_USDT
Aster ZESTUSDT
MEXC ZEST_USDT
Binance ZESTUSDT
BloFin ZEST-USDT
BingX ZEST-USDT