Funding you earn now, next payment 04:00 UTC+0.0608%/8h= +66.6% APRnext payment +$3.04 per $10,000 · paid last 24h +0.099%
Price spread now: Bitget against Bybit+0.061%7-day average +0.120% · you sell dearer than you buy
Net, funding: paid 7d − costs−$372as in the Funding arb table
Net, price: spread back to 7d avg − costs−$364as in the Price arb table
costs, in and out, $10k−$3583.584% of the position
Funding, last 7 days−0.138%−$14 on $10k
+Price spread, last 4 days (all we have)−0.064%−$6 · spread now +0.061%, 7d avg +0.120%
=Funding pays, the price is against you. Bitget is 0.059% cheaper against Bybit than usual: you would sell low and buy high (spread +0.061% now, against its 7-day average of +0.120%). If the spread goes back, that is −$6 on $10k: about 8 hours of funding at the current rate (+$18 a day). Mind the row above: over the last 7 days funding on this pair cost −0.138%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.138% in total (about -7.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.04 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 | Bybit ZESTUSDT | 0.1483 | 0.0100 | pay 0.0050% / 4h | 3h 40m | $928K | $446K | 10x |
| Short | Bitget ZESTUSDT | 0.1484 | 0.0708 | get 0.0354% / 4h | 3h 40m | $979K | $225K | 10x |
Bybit ZESTUSDT
Bitget ZESTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $127.68
- Price spread: +0.061% → +0.120%
- −$5.9
- Slippage, 4 orders
- −$335.37
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$236.58
- Costs to cover
- 3.584%
- Break-even
- 20.0 days
Slippage from Bybit: live order book, 29 min ago; Bitget: live order book, 30 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, 29 min ago | 3.38 bp | 144.9 bp −$145 | 3744.6 bp −$37.4K | doesn't fit | doesn't fit |
| Sell Bitget live order book, 30 min ago | 5.40 bp | 34.6 bp −$35 | 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 ZESTUSDTlong | +0.0100% | 4h | 0.1483 | long leg | $928K | $446K | 10x | |
| Gate ZEST_USDT | +0.0100% | 4h | 0.1482 | −0.034% | $791K | $48K | 10x | as long as short |
| KuCoin ZESTUSDTM | +0.0100% | 4h | 0.1484 | +0.088% | $1.5M | $463K | 10x | as long as short |
| Aster ZESTUSDT | +0.0387% | 4h | 0.1484 | +0.073% | $193K | $47K | 5x | as long as short |
| Binance ZESTUSDT | +0.0442% | 4h | 0.1485 | +0.105% | $5.7M | $1.6M | 10x | as long as short |
| MEXC ZEST_USDT | +0.0444% | 4h | 0.1485 | +0.115% | $9.5M | $103K | 20x | as long as short |
| BloFin ZEST-USDT | +0.0471% | 4h | 0.1484 | +0.088% | $297K | $16K | 10x | as long as short |
| BingX ZEST-USDT | +0.0676% | 4h | 0.1484 | +0.054% | — | $739K | — | as long as short |
| Bitget ZESTUSDTshort | +0.0708% | 4h | 0.1484 | +0.061% | $979K | $225K | 10x |
Gate ZEST_USDT
KuCoin ZESTUSDTM
Aster ZESTUSDT
Binance ZESTUSDT
MEXC ZEST_USDT
BloFin ZEST-USDT
BingX ZEST-USDT