Funding you earn now, next payment 08:00 UTC+0.0150%/8h= +16.4% APRnext payment +$0.75 per $10,000 · paid last 24h +0.051%
Price spread now: MEXC against Bybit−0.014%7-day average +0.129% · you buy dearer than you sell
Net, funding: paid 7d − costs−$318as in the Funding arb table
Net, price: spread back to 7d avg − costs−$376as in the Price arb table
costs, in and out, $10k−$3623.617% of the position
Funding, last 7 days+0.442%+$44 on $10k
+Price spread, last 4 days (all we have)+0.018%+$2 · spread now −0.014%, 7d avg +0.129%
=Funding pays, the price is against you. MEXC is 0.143% cheaper against Bybit than usual: you would sell low and buy high (spread −0.014% now, against its 7-day average of +0.129%). If the spread goes back, that is −$14 on $10k: about 3.2 days of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ZESTUSDT | 0.1438 | 0.0100 | pay 0.0050% / 4h | 1h 06m | $916K | $541K | 10x |
| Short | MEXC ZEST_USDT | 0.1438 | 0.0250 | get 0.0125% / 4h | 1h 06m | $9.2M | $118K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $31.5
- Price spread: −0.014% → +0.129%
- −$14.26
- Slippage, 4 orders
- −$346.7
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$344.46
- Costs to cover
- 3.617%
- Break-even
- 83.5 days
Slippage from Bybit: live order book, 34 min ago; MEXC: live order book, 1 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, 34 min ago | 6.65 bp | 144.8 bp −$145 | 4507.0 bp −$45.1K | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 4.18 bp | 14.5 bp −$15 | 66.7 bp −$667 | 343.6 bp −$34.4K | 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 | 0.1438 | long leg | $916K | $541K | 10x | |
| Gate ZEST_USDT | +0.0100% | 4h | 0.1436 | −0.111% | $757K | $72K | 10x | as long as short |
| KuCoin ZESTUSDTM | +0.0100% | 4h | 0.1440 | +0.146% | $1.5M | $547K | 10x | as long as short |
| Aster ZESTUSDT | +0.0190% | 4h | 0.1434 | −0.294% | $186K | $52K | 5x | as long as short |
| Binance ZESTUSDT | +0.0246% | 4h | 0.1438 | +0.020% | $5.6M | $1.7M | 10x | as long as short |
| MEXC ZEST_USDTshort | +0.0250% | 4h | 0.1438 | −0.014% | $9.2M | $118K | 20x | |
| BloFin ZEST-USDT | +0.0252% | 4h | 0.1436 | −0.139% | $288K | $15K | 10x | as long as short |
| Bitget ZESTUSDT | +0.0302% | 4h | 0.1443 | +0.341% | $943K | $278K | 10x | as long as short |
| BingX ZEST-USDT | +0.0322% | 4h | 0.1441 | +0.195% | — | $750K | — | as long as short |
Bybit ZESTUSDT
MEXC ZEST_USDT
Gate ZEST_USDT
KuCoin ZESTUSDTM
Aster ZESTUSDT
Binance ZESTUSDT
BloFin ZEST-USDT
Bitget ZESTUSDT
BingX ZEST-USDT