Funding you earn now, next payment 04:00 UTC−0.0505%/8h= −55.3% APRnext payment −$2.53 per $10,000 · paid last 24h −0.111%
Price spread now: Bybit against BloFin+0.047%52s7-day average −0.154% · you sell dearer than you buy
Net, funding: paid 7d − costs−$373as 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−$3283.282% of the position
Funding, last 7 days−0.449%−$45 on $10k
+Price spread, last 3 days (all we have)−0.238%−$24 · spread now +0.047%, 7d avg −0.154%
=The price spread pays, funding is against you. Bybit is 0.201% dearer against BloFin than usual: you sell high and buy low (spread +0.047% now, against its 7-day average of −0.154%): +$20 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 32 hours. At the pace of the last 7 days (−0.449% in total) that is about 3.1 days. The two prices were read 52 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 | 0.1488 | 0.0605 | pay 0.0303% / 4h | 2h 50m | $302K | $16K | 10x |
| Short | Bybit ZESTUSDT | 0.1489 | 0.0100 | get 0.0050% / 4h | 2h 50m | $933K | $442K | 10x |
BloFin ZEST-USDT
Bybit ZESTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$106.07
- Price spread: +0.047% → −0.154%
- $20.06
- Slippage, 4 orders
- −$305.24
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$414.26
- Costs to cover
- 3.282%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 11 min ago; Bybit: live order book, 15 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, 11 min ago | 1.67 bp | 26.1 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 15 min ago | 6.69 bp | 130.0 bp −$130 | 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 | 0.1489 | +0.047% | $933K | $442K | 10x | |
| Gate ZEST_USDT | +0.0100% | 4h | 0.1487 | −0.081% | $793K | $48K | 10x | as long as short |
| KuCoin ZESTUSDTM | +0.0154% | 4h | 0.1490 | +0.108% | $1.5M | $469K | 10x | as long as short |
| Aster ZESTUSDT | +0.0582% | 4h | 0.1488 | +0.007% | $195K | $50K | 5x | as long as short |
| BloFin ZEST-USDTlong | +0.0605% | 4h | 0.1488 | long leg | $302K | $16K | 10x | |
| Binance ZESTUSDT | +0.0642% | 4h | 0.1490 | +0.148% | $5.8M | $1.5M | 10x | as long as short |
| MEXC ZEST_USDT | +0.0654% | 4h | 0.1490 | +0.087% | $9.5M | $102K | 20x | as long as short |
| BingX ZEST-USDT | +0.0690% | 4h | 0.1490 | +0.134% | — | $744K | — | as long as short |
| Bitget ZESTUSDT | +0.0698% | 4h | 0.1487 | −0.054% | $973K | $229K | 10x | as long as short |
Gate ZEST_USDT
KuCoin ZESTUSDTM
Aster ZESTUSDT
Binance ZESTUSDT
MEXC ZEST_USDT
BingX ZEST-USDT
Bitget ZESTUSDT