Funding you earn now, next payment 12:00 UTC+0.0284%/8h= +31.1% APRnext payment +$1.42 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bybit+0.156%7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,312as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,282as in the Price arb table
costs, in and out, $10k−$2,29222.920% of the position
Funding, last 7 days−0.196%−$20 on $10k
+Price spread, last 4 days (all we have)−0.207%−$21 · spread now +0.156%, 7d avg +0.055%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and KuCoin is 0.101% dearer against Bybit than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.055%. Mind the row above: over the last 7 days funding on this pair cost −0.196%, 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 -0.196% in total (about -10.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.42 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ZESTUSDT | 0.1475 | 0.0100 | pay 0.0050% / 4h | 9m 08s | $938K | $571K | 10x |
| Short | KuCoin ZESTUSDTM | 0.1477 | 0.0384 | get 0.0192% / 4h | 9m 08s | $1.5M | $798K | 10x |
Bybit ZESTUSDT
KuCoin ZESTUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $59.64
- Price spread: +0.156% → +0.055%
- $10.06
- Slippage, 4 orders
- −$2,268.97
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$2,222.26
- Costs to cover
- 22.920%
- Break-even
- 267.8 days
Slippage from Bybit: live order book, 29 min ago; KuCoin: live order book, 10 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 | 6.79 bp | 193.9 bp −$194 | 3895.9 bp −$39.0K | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 14.20 bp | 1006.5 bp −$1,007 | doesn't fit | doesn't fit | doesn't fit |
ZEST on 9 exchanges
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 | 0.1475 | long leg | $938K | $571K | 10x | |
| Gate ZEST_USDT | +0.0100% | 4h | 0.1472 | −0.176% | $777K | $77K | 10x | as long as short |
| KuCoin ZESTUSDTMshort | +0.0384% | 4h | 0.1477 | +0.156% | $1.5M | $798K | 10x | |
| BingX ZEST-USDT | +0.0596% | 4h | 0.1477 | +0.115% | — | $757K | — | as long as short |
| BloFin ZEST-USDT | +0.0598% | 4h | 0.1478 | +0.197% | $272K | $22K | 10x | as long as short |
| MEXC ZEST_USDT | +0.0626% | 4h | 0.1478 | +0.176% | $9.5M | $120K | 20x | as long as short |
| Bitget ZESTUSDT | +0.0640% | 4h | 0.1479 | +0.244% | $971K | $353K | 10x | as long as short |
| Binance ZESTUSDT | +0.0645% | 4h | 0.1477 | +0.115% | $5.7M | $2.2M | 10x | as long as short |
| Aster ZESTUSDT | +0.0764% | 4h | 0.1476 | +0.088% | $189K | $55K | 5x | as long as short |
Gate ZEST_USDT
BingX ZEST-USDT
BloFin ZEST-USDT
MEXC ZEST_USDT
Bitget ZESTUSDT
Binance ZESTUSDT
Aster ZESTUSDT