Funding you earn now, next payment 08:00 UTC−0.0104%/8h= −11.4% APRnext payment −$0.52 per $10,000 · paid last 24h −0.051%
Price spread now: Bybit against MEXC−0.207%7-day average −0.129% · you buy dearer than you sell
Net, funding: paid 7d − costs−$342as in the Funding arb table
Net, price: spread back to 7d avg − costs−$305as in the Price arb table
costs, in and out, $10k−$2972.974% of the position
Funding, last 7 days−0.442%−$44 on $10k
+Price spread, last 4 days (all we have)+0.285%+$28 · spread now −0.207%, 7d avg −0.129%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.078% cheaper against MEXC than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.129%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZEST_USDT | 0.1499 | 0.0204 | pay 0.0102% / 4h | 3h 09m | $9.6M | $105K | 20x |
| Short | Bybit ZESTUSDT | 0.1496 | 0.0100 | get 0.0050% / 4h | 3h 09m | $946K | $414K | 10x |
MEXC ZEST_USDT
Bybit ZESTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$21.84
- Price spread: −0.207% → −0.129%
- −$7.81
- Slippage, 4 orders
- −$282.44
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$327.09
- Costs to cover
- 2.974%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; Bybit: live order book, 41 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, 3 min ago | 3.67 bp | 28.0 bp −$28 | 74.5 bp −$745 | 452.0 bp −$45.2K | doesn't fit |
| Sell Bybit live order book, 41 min ago | 6.65 bp | 133.1 bp −$133 | 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 ZESTUSDTshort | +0.0100% | 4h | 0.1496 | −0.207% | $946K | $414K | 10x | |
| Gate ZEST_USDT | +0.0100% | 4h | 0.1499 | −0.040% | $803K | $53K | 10x | as long as short |
| KuCoin ZESTUSDTM | +0.0100% | 4h | 0.1499 | −0.013% | $1.5M | $495K | 10x | as long as short |
| Aster ZESTUSDT | +0.0119% | 4h | 0.1499 | −0.039% | $195K | $48K | 5x | as long as short |
| BloFin ZEST-USDT | +0.0195% | 4h | 0.1499 | +0.027% | $304K | $16K | 10x | as long as short |
| Binance ZESTUSDT | +0.0201% | 4h | 0.1499 | +0.010% | $5.8M | $1.3M | 10x | as long as short |
| MEXC ZEST_USDTlong | +0.0204% | 4h | 0.1499 | long leg | $9.6M | $105K | 20x | |
| BingX ZEST-USDT | +0.0458% | 4h | 0.1498 | −0.067% | — | $747K | — | as long as short |
| Bitget ZESTUSDT | +0.0480% | 4h | 0.1500 | +0.053% | $975K | $194K | 10x | as long as short |
Gate ZEST_USDT
KuCoin ZESTUSDTM
Aster ZESTUSDT
BloFin ZEST-USDT
Binance ZESTUSDT
BingX ZEST-USDT
Bitget ZESTUSDT