Funding you earn now, next payment 00:00 UTC−0.0608%/8h= −66.6% APRnext payment −$3.04 per $10,000 · paid last 24h −0.078%
Price spread now: Bybit against Bitget−0.054%7-day average −0.124% · you buy dearer than you sell
Net, funding: paid 7d − costs−$632as in the Funding arb table
Net, price: spread back to 7d avg − costs−$643as in the Price arb table
costs, in and out, $10k−$6506.496% of the position
Funding, last 7 days+0.173%+$17 on $10k
+Price spread, last 4 days (all we have)+0.161%+$16 · spread now −0.054%, 7d avg −0.124%
=The price spread pays, funding is against you. Bybit is 0.070% dearer against Bitget than usual: you sell high and buy low (spread −0.054% now, against its 7-day average of −0.124%): +$7 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 9 hours. Mind the row above: over the last 7 days funding on this pair paid +0.173%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.173% in total (about 9.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.04 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 | Bitget ZESTUSDT | 0.1483 | 0.0708 | pay 0.0354% / 4h | 1h 27m | $996K | $210K | 10x |
| Short | Bybit ZESTUSDT | 0.1482 | 0.0100 | get 0.0050% / 4h | 1h 27m | $923K | $396K | 10x |
Bitget ZESTUSDT
Bybit ZESTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$127.68
- Price spread: −0.054% → −0.124%
- $6.97
- Slippage, 4 orders
- −$626.58
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$770.3
- Costs to cover
- 6.496%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 53 min ago; Bybit: live order book, 53 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, 53 min ago | 7.06 bp | 44.1 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 53 min ago | 6.73 bp | 341.6 bp −$342 | 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 | 0.1482 | −0.054% | $923K | $396K | 10x | |
| Gate ZEST_USDT | +0.0100% | 4h | 0.1481 | −0.128% | $789K | $48K | 10x | as long as short |
| KuCoin ZESTUSDTM | +0.0100% | 4h | 0.1482 | −0.047% | $1.5M | $450K | 10x | as long as short |
| Aster ZESTUSDT | +0.0222% | 4h | 0.1483 | +0.021% | $191K | $45K | 5x | as long as short |
| BloFin ZEST-USDT | +0.0326% | 4h | 0.1484 | +0.101% | $296K | $15K | 10x | as long as short |
| Binance ZESTUSDT | +0.0375% | 4h | 0.1484 | +0.067% | $5.7M | $1.6M | 10x | as long as short |
| MEXC ZEST_USDT | +0.0380% | 4h | 0.1484 | +0.088% | $9.5M | $102K | 20x | as long as short |
| BingX ZEST-USDT | +0.0682% | 4h | 0.1483 | +0.034% | — | $731K | — | as long as short |
| Bitget ZESTUSDTlong | +0.0708% | 4h | 0.1483 | long leg | $996K | $210K | 10x |
Gate ZEST_USDT
KuCoin ZESTUSDTM
Aster ZESTUSDT
BloFin ZEST-USDT
Binance ZESTUSDT
MEXC ZEST_USDT
BingX ZEST-USDT