Funding you earn now, next payment 00:00 UTC+0.0343%/8h= +37.6% APRnext payment +$1.72 per $10,000 · paid last 24h +0.148%
Price spread now: Binance against Bybit+0.008%7-day average +0.126% · you sell dearer than you buy
Net, funding: paid 7d − costs−$580as in the Funding arb table
Net, price: spread back to 7d avg − costs−$634as in the Price arb table
costs, in and out, $10k−$6226.224% of the position
Funding, last 7 days+0.428%+$43 on $10k
+Price spread, last 4 days (all we have)−0.043%−$4 · spread now +0.008%, 7d avg +0.126%
=Funding pays, the price is against you. Binance is 0.118% cheaper against Bybit than usual: you would sell low and buy high (spread +0.008% now, against its 7-day average of +0.126%). If the spread goes back, that is −$12 on $10k: about 28 hours of funding at the current rate (+$10 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ZESTUSDT | 0.1485 | 0.0100 | pay 0.0050% / 4h | 2h 02m | $926K | $392K | 10x |
| Short | Binance ZESTUSDT | 0.1485 | 0.0443 | get 0.0222% / 4h | 2h 02m | $5.7M | $1.6M | 10x |
Bybit ZESTUSDT
Binance ZESTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- $72.09
- Price spread: +0.008% → +0.126%
- −$11.82
- Slippage, 4 orders
- −$601.37
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$562.09
- Costs to cover
- 6.224%
- Break-even
- 61.6 days
Slippage from Bybit: live order book, 18 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 Bybit live order book, 18 min ago | 6.73 bp | 217.8 bp −$218 | 4613.2 bp −$46.1K | 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 ZESTUSDTlong | +0.0100% | 4h | 0.1485 | long leg | $926K | $392K | 10x | |
| Gate ZEST_USDT | +0.0100% | 4h | 0.1483 | −0.162% | $792K | $47K | 10x | as long as short |
| KuCoin ZESTUSDTM | +0.0100% | 4h | 0.1483 | −0.108% | $1.5M | $467K | 10x | as long as short |
| Aster ZESTUSDT | +0.0257% | 4h | 0.1485 | +0.006% | $191K | $44K | 5x | as long as short |
| MEXC ZEST_USDT | +0.0442% | 4h | 0.1485 | −0.020% | $9.5M | $102K | 20x | as long as short |
| Binance ZESTUSDTshort | +0.0443% | 4h | 0.1485 | +0.008% | $5.7M | $1.6M | 10x | |
| BloFin ZEST-USDT | +0.0476% | 4h | 0.1485 | +0.020% | $298K | $15K | 10x | as long as short |
| BingX ZEST-USDT | +0.0860% | 4h | 0.1485 | −0.027% | — | $731K | — | as long as short |
| Bitget ZESTUSDT | +0.0880% | 4h | 0.1485 | 0.000% | $998K | $210K | 10x | as long as short |
Gate ZEST_USDT
KuCoin ZESTUSDTM
Aster ZESTUSDT
MEXC ZEST_USDT
BloFin ZEST-USDT
BingX ZEST-USDT
Bitget ZESTUSDT