Funding you earn now, next payment 00:00 UTC+0.0268%/8h= +29.3% APRnext payment +$1.34 per $10,000 · paid last 24h +0.029%
Price spread now: BingX against BloFin+0.054%7-day average −0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1231.225% of the position
Funding, last 7 days+0.109%+$11 on $10k
+Price spread, last 3 days (all we have)−0.367%−$37 · spread now +0.054%, 7d avg −0.065%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and BingX is 0.119% dearer against BloFin than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.065%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.109% in total (about 5.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.34 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 | BloFin ZEST-USDT | 0.1485 | 0.0372 | pay 0.0186% / 4h | 1h 08m | $297K | $15K | 10x |
| Short | BingX ZEST-USDT | 0.1486 | 0.0640 | get 0.0320% / 4h | 1h 08m | — | $736K | — |
BloFin ZEST-USDT
BingX ZEST-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $56.23
- Price spread: +0.054% → −0.065%
- $11.87
- Slippage, 4 orders
- −$100.55
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$54.45
- Costs to cover
- 1.225%
- Break-even
- 13.8 days
Slippage from BloFin: live order book, 3 min ago; BingX: live order book, 35 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, 3 min ago | 4.04 bp | 17.2 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 35 min ago | 6.73 bp | 38.8 bp −$39 | 199.1 bp −$1,991 | 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% | $924K | $396K | 10x | as long as short |
| Gate ZEST_USDT | +0.0100% | 4h | 0.1482 | −0.189% | $790K | $48K | 10x | as long as short |
| KuCoin ZESTUSDTM | +0.0100% | 4h | 0.1484 | −0.101% | $1.5M | $445K | 10x | as long as short |
| Aster ZESTUSDT | +0.0227% | 4h | 0.1485 | −0.031% | $191K | $45K | 5x | as long as short |
| MEXC ZEST_USDT | +0.0348% | 4h | 0.1486 | +0.040% | $9.5M | $103K | 20x | as long as short |
| Binance ZESTUSDT | +0.0354% | 4h | 0.1486 | +0.070% | $5.7M | $1.6M | 10x | as long as short |
| BloFin ZEST-USDTlong | +0.0372% | 4h | 0.1485 | long leg | $297K | $15K | 10x | |
| BingX ZEST-USDTshort | +0.0640% | 4h | 0.1486 | +0.054% | — | $736K | — | |
| Bitget ZESTUSDT | +0.0666% | 4h | 0.1484 | −0.081% | $997K | $210K | 10x | as long as short |
Bybit ZESTUSDT
Gate ZEST_USDT
KuCoin ZESTUSDTM
Aster ZESTUSDT
MEXC ZEST_USDT
Binance ZESTUSDT
Bitget ZESTUSDT