Funding you earn now, next payment 00:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.16 per $10,000 · paid last 24h −0.003%
Price spread now: Binance against BloFin+0.040%81s7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$115as 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−$1141.141% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 3 days (all we have)−0.503%−$50 · spread now +0.040%, 7d avg −0.022%
=The price spread pays, funding is against you. Binance is 0.063% dearer against BloFin than usual: you sell high and buy low (spread +0.040% now, against its 7-day average of −0.022%): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.5 days. At the pace of the last 7 days (−0.007% in total) that is about 59 days. 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 | BloFin ZEST-USDT | 0.1485 | 0.0476 | pay 0.0238% / 4h | 2h 01m | $298K | $15K | 10x |
| Short | Binance ZESTUSDT | 0.1486 | 0.0443 | get 0.0222% / 4h | 2h 01m | $5.7M | $1.6M | 10x |
BloFin ZEST-USDT
Binance ZESTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- −$6.77
- Price spread: +0.040% → −0.022%
- $6.27
- Slippage, 4 orders
- −$92.06
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$114.56
- Costs to cover
- 1.141%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 15 min ago; Binance: live order book, 6 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 BloFin live order book, 15 min ago | 4.37 bp | 17.2 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 5.38 bp | 36.7 bp −$37 | 346.9 bp −$3,469 | 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 | −0.088% | $925K | $392K | 10x | as long as short |
| Gate ZEST_USDT | +0.0100% | 4h | 0.1482 | −0.202% | $791K | $48K | 10x | as long as short |
| KuCoin ZESTUSDTM | +0.0100% | 4h | 0.1483 | −0.128% | $1.5M | $467K | 10x | as long as short |
| Aster ZESTUSDT | +0.0257% | 4h | 0.1485 | −0.026% | $191K | $44K | 5x | as long as short |
| MEXC ZEST_USDT | +0.0442% | 4h | 0.1486 | +0.047% | $9.5M | $102K | 20x | as long as short |
| Binance ZESTUSDTshort | +0.0443% | 4h | 0.1486 | +0.040% | $5.7M | $1.6M | 10x | |
| BloFin ZEST-USDTlong | +0.0476% | 4h | 0.1485 | long leg | $298K | $15K | 10x | |
| BingX ZEST-USDT | +0.0850% | 4h | 0.1485 | +0.013% | — | $732K | — | as long as short |
| Bitget ZESTUSDT | +0.0880% | 4h | 0.1485 | −0.034% | $998K | $210K | 10x | as long as short |
Bybit ZESTUSDT
Gate ZEST_USDT
KuCoin ZESTUSDTM
Aster ZESTUSDT
MEXC ZEST_USDT
BingX ZEST-USDT
Bitget ZESTUSDT