Funding you earn now, next payment 08:00 UTC+0.0230%/8h= +25.2% APRnext payment +$1.15 per $10,000 · paid last 24h +0.068%
Price spread now: BingX against MEXC+0.013%7-day average −0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$155as in the Funding arb table
Net, price: spread back to 7d avg − costs−$165as in the Price arb table
costs, in and out, $10k−$1701.698% of the position
Funding, last 7 days+0.148%+$15 on $10k
+Price spread, last 4 days (all we have)+0.041%+$4 · spread now +0.013%, 7d avg −0.038%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BingX is 0.052% dearer against MEXC than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.038%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.148% in total (about 7.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.15 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 | MEXC ZEST_USDT | 0.1499 | 0.0100 | pay 0.0050% / 4h | 3h 30m | $9.6M | $104K | 20x |
| Short | BingX ZEST-USDT | 0.1499 | 0.0330 | get 0.0165% / 4h | 3h 30m | — | $747K | — |
MEXC ZEST_USDT
BingX ZEST-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against MEXC. 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
- $48.3
- Price spread: +0.013% → −0.038%
- $5.17
- Slippage, 4 orders
- −$155.81
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$116.34
- Costs to cover
- 1.698%
- Break-even
- 23.9 days
Slippage from MEXC: live order book, 2 min ago; BingX: live order book, 73 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 MEXC live order book, 2 min ago | 2.33 bp | 37.3 bp −$37 | 80.2 bp −$802 | 443.9 bp −$44.4K | doesn't fit |
| Sell BingX live order book, 73 min ago | 6.32 bp | 49.0 bp −$49 | 238.8 bp −$2,388 | 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 | 0.1498 | −0.069% | $195K | $49K | 5x | as long as short |
| Binance ZESTUSDT | +0.0100% | 4h | 0.1500 | +0.060% | $5.8M | $1.5M | 10x | as long as short |
| Bybit ZESTUSDT | +0.0100% | 4h | 0.1498 | −0.040% | $947K | $475K | 10x | as long as short |
| Gate ZEST_USDT | +0.0100% | 4h | 0.1497 | −0.093% | $803K | $52K | 10x | as long as short |
| MEXC ZEST_USDTlong | +0.0100% | 4h | 0.1499 | long leg | $9.6M | $104K | 20x | |
| KuCoin ZESTUSDTM | +0.0100% | 4h | 0.1498 | −0.040% | $1.5M | $500K | 10x | as long as short |
| BloFin ZEST-USDT | +0.0105% | 4h | 0.1499 | +0.027% | $304K | $16K | 10x | as long as short |
| Bitget ZESTUSDT | +0.0306% | 4h | 0.1498 | −0.027% | $975K | $232K | 10x | as long as short |
| BingX ZEST-USDTshort | +0.0330% | 4h | 0.1499 | +0.013% | — | $747K | — |
Aster ZESTUSDT
Binance ZESTUSDT
Bybit ZESTUSDT
Gate ZEST_USDT
KuCoin ZESTUSDTM
BloFin ZEST-USDT
Bitget ZESTUSDT