Funding you earn now, next payment 00:00 UTC−0.0458%/8h= −50.1% APRnext payment −$2.29 per $10,000 · paid last 24h +0.070%
Price spread now: Binance against Bitget−0.021%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$191as in the Price arb table
costs, in and out, $10k−$1881.884% of the position
Funding, last 7 days+0.601%+$60 on $10k
+Price spread, last 4 days (all we have)+0.035%+$3 · spread now −0.021%, 7d avg +0.003%
=Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Binance is 0.023% cheaper against Bitget than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.003%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.601%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ZESTUSDT | 0.1486 | 0.0916 | pay 0.0458% / 4h | 2h 11m | $999K | $209K | 10x |
| Short | Binance ZESTUSDT | 0.1486 | 0.0458 | get 0.0229% / 4h | 2h 11m | $5.7M | $1.6M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- −$96.08
- Price spread: −0.021% → +0.003%
- −$2.32
- Slippage, 4 orders
- −$166.42
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$286.82
- Costs to cover
- 1.884%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 10 min ago; Binance: live order book, 12 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 Bitget live order book, 10 min ago | 7.06 bp | 44.1 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 4.37 bp | 40.4 bp −$40 | 357.8 bp −$3,578 | 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 ZESTUSDT | +0.0100% | 4h | 0.1484 | −0.135% | $925K | $390K | 10x | as long as short |
| Gate ZEST_USDT | +0.0100% | 4h | 0.1484 | −0.162% | $793K | $47K | 10x | as long as short |
| KuCoin ZESTUSDTM | +0.0100% | 4h | 0.1485 | −0.074% | $1.5M | $465K | 10x | as long as short |
| Aster ZESTUSDT | +0.0262% | 4h | 0.1485 | −0.047% | $191K | $44K | 5x | as long as short |
| Binance ZESTUSDTshort | +0.0458% | 4h | 0.1486 | −0.021% | $5.7M | $1.6M | 10x | |
| BloFin ZEST-USDT | +0.0462% | 4h | 0.1487 | +0.087% | $298K | $15K | 10x | as long as short |
| MEXC ZEST_USDT | +0.0466% | 4h | 0.1486 | −0.020% | $9.5M | $90K | 20x | as long as short |
| BingX ZEST-USDT | +0.0876% | 4h | 0.1485 | −0.094% | — | $732K | — | as long as short |
| Bitget ZESTUSDTlong | +0.0916% | 4h | 0.1486 | long leg | $999K | $209K | 10x |
Bitget ZESTUSDT
Binance ZESTUSDT
Bybit ZESTUSDT
Gate ZEST_USDT
KuCoin ZESTUSDTM
Aster ZESTUSDT
BloFin ZEST-USDT
MEXC ZEST_USDT
BingX ZEST-USDT