Funding you earn now, next payment 08:00 UTC+0.0070%/8h= +7.7% APRnext payment +$0.35 per $10,000 · paid last 24h +0.053%
Price spread now: Binance against Gate+0.094%7-day average +0.222% · you sell dearer than you buy
Net, funding: paid 7d − costs−$3,995as in the Funding arb table
Net, price: spread back to 7d avg − costs−$4,080as in the Price arb table
costs, in and out, $10k−$4,06840.677% of the position
Funding, last 7 days+0.726%+$73 on $10k
+Price spread, last 4 days (all we have)+0.105%+$11 · spread now +0.094%, 7d avg +0.222%
=Funding pays, the price is against you. Binance is 0.128% cheaper against Gate than usual: you would sell low and buy high (spread +0.094% now, against its 7-day average of +0.222%). If the spread goes back, that is −$13 on $10k: about 6.1 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.726% in total) that is about 30 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ZEST_USDT | 0.1488 | 0.0100 | pay 0.0050% / 4h | 2h 41m | $795K | $51K | 10x |
| Short | Binance ZESTUSDT | 0.1489 | 0.0170 | get 0.0085% / 4h | 2h 41m | $5.8M | $1.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $14.72
- Price spread: +0.094% → +0.222%
- −$12.76
- Slippage, 4 orders
- −$4,042.68
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$4,065.72
- Costs to cover
- 40.677%
- Break-even
- 1940.3 days
Slippage from Gate: live order book, 5 min ago; Binance: live order book, 11 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 Gate live order book, 5 min ago | 8.03 bp | 2310.9 bp −$2,311 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 4.00 bp | 46.8 bp −$47 | 355.6 bp −$3,556 | 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 | 0.1489 | +0.099% | $194K | $47K | 5x | as long as short |
| Bybit ZESTUSDT | +0.0100% | 4h | 0.1486 | −0.121% | $940K | $409K | 10x | as long as short |
| Gate ZEST_USDTlong | +0.0100% | 4h | 0.1488 | long leg | $795K | $51K | 10x | |
| KuCoin ZESTUSDTM | +0.0100% | 4h | 0.1490 | +0.128% | $1.5M | $501K | 10x | as long as short |
| Binance ZESTUSDTshort | +0.0170% | 4h | 0.1489 | +0.094% | $5.8M | $1.2M | 10x | |
| MEXC ZEST_USDT | +0.0176% | 4h | 0.1490 | +0.155% | $9.5M | $99K | 20x | as long as short |
| BloFin ZEST-USDT | +0.0210% | 4h | 0.1491 | +0.242% | $302K | $15K | 10x | as long as short |
| BingX ZEST-USDT | +0.0440% | 4h | 0.1489 | +0.054% | — | $750K | — | as long as short |
| Bitget ZESTUSDT | +0.0450% | 4h | 0.1490 | +0.121% | $937K | $193K | 10x | as long as short |
Gate ZEST_USDT
Binance ZESTUSDT
Aster ZESTUSDT
Bybit ZESTUSDT
KuCoin ZESTUSDTM
MEXC ZEST_USDT
BloFin ZEST-USDT
BingX ZEST-USDT
Bitget ZESTUSDT