Funding you earn now, next payment 08:00 UTC+0.0340%/8h= +37.2% APRnext payment +$1.70 per $10,000 · paid last 24h +0.119%
Price spread now: BingX against Bybit+0.309%7-day average +0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs−$358as in the Funding arb table
Net, price: spread back to 7d avg − costs−$395as in the Price arb table
costs, in and out, $10k−$4174.166% of the position
Funding, last 7 days+0.589%+$59 on $10k
+Price spread, last 4 days (all we have)−0.303%−$30 · spread now +0.309%, 7d avg +0.090%
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and BingX is 0.219% dearer against Bybit than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of +0.090%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ZESTUSDT | 0.1488 | 0.0100 | pay 0.0050% / 4h | 2h 38m | $941K | $408K | 10x |
| Short | BingX ZEST-USDT | 0.1493 | 0.0440 | get 0.0220% / 4h | 2h 38m | — | $747K | — |
Bybit ZESTUSDT
BingX ZEST-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $71.4
- Price spread: +0.309% → +0.090%
- $21.87
- Slippage, 4 orders
- −$395.57
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$323.3
- Costs to cover
- 4.166%
- Break-even
- 38.7 days
Slippage from Bybit: live order book, 7 min ago; BingX: live order book, 50 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, 7 min ago | 6.72 bp | 139.5 bp −$139 | 4895.3 bp −$49.0K | doesn't fit | doesn't fit |
| Sell BingX live order book, 50 min ago | 8.33 bp | 61.2 bp −$61 | 290.2 bp −$2,902 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ZESTUSDT | +0.0100% | 4h | 0.1490 | +0.125% | $194K | $47K | 5x | as long as short |
| Bybit ZESTUSDTlong | +0.0100% | 4h | 0.1488 | long leg | $941K | $408K | 10x | |
| Gate ZEST_USDT | +0.0100% | 4h | 0.1488 | 0.000% | $796K | $51K | 10x | as long as short |
| KuCoin ZESTUSDTM | +0.0100% | 4h | 0.1490 | +0.134% | $1.5M | $502K | 10x | as long as short |
| BloFin ZEST-USDT | +0.0145% | 4h | 0.1491 | +0.188% | $303K | $15K | 10x | as long as short |
| Binance ZESTUSDT | +0.0148% | 4h | 0.1492 | +0.301% | $5.8M | $1.2M | 10x | as long as short |
| MEXC ZEST_USDT | +0.0154% | 4h | 0.1490 | +0.168% | $9.5M | $100K | 20x | as long as short |
| Bitget ZESTUSDT | +0.0428% | 4h | 0.1492 | +0.235% | $938K | $192K | 10x | as long as short |
| BingX ZEST-USDTshort | +0.0440% | 4h | 0.1493 | +0.309% | — | $747K | — |
Aster ZESTUSDT
Gate ZEST_USDT
KuCoin ZESTUSDTM
BloFin ZEST-USDT
Binance ZESTUSDT
MEXC ZEST_USDT
Bitget ZESTUSDT